SmartPreneur
Advertisement
  • Home
  • Trending News
  • Radio
  • TV
  • Hustle Life
  • Games & Quizzes
No Result
View All Result
  • Home
  • Trending News
  • Radio
  • TV
  • Hustle Life
  • Games & Quizzes
No Result
View All Result
SmartPreneur
No Result
View All Result
Home SME

5 Habits Every Business Owner Should Avoid To Be An Exceptional Leader

Blessing Osazuwa by Blessing Osazuwa
March 7, 2022
in SME
0
5 Habits Every Business Owner Should Avoid To Be An Exceptional Leader
0
SHARES
0
VIEWS
Share on FacebookShare on TwitterShare on Whatsapp

To build a business takes a lot of good habits, and successful business owners should learn to adopt practices that can help them plot smart goals, engage their team and balance their personal and work lives. For you to avoid bad and unproductive habits, you must first identify the bad habits.

Join our communityJoin our communityJoin our community

Here are five patterns to avoid when you’re leading your enterprise.

1. Setting too many goals and projects

One word that accurately describes entrepreneurs or CEOs is ‘Ambitious’ which can be a good thing; a trait that can position your business for success. However, being too ambitious can influence you to set too many goals. When there are many initiatives in the works, it can affect the output of a company.

Choose the right number of priorities to attend to at a time based on the size of your business and elements that may directly or indirectly affect your business. As the CEO of your company, don’t bite off more than you can chew. Trying to juggle eight projects is not only futile, it wastes valuable time and resources that can be spent excelling at one or two.

2. No delegation

Entrepreneurs and founders often believe that they are super heroes. Sometimes, they think that they alone are more equipped to handle a particular task. This is far from the truth ad even if it isn’t, delegating only helps train and develop employees while taking some of the work off of the CEO. This approach will enable founders to focus on other responsibilities such as strategizing.

3. Letting go of team members with unpopular opinions

This does not apply to team members who only see the negative side of things, rather this has to do with employees who dare to think differently from their colleagues or employer. Their aim is not to destroy the foundation of a company but to contribute innovatively to a business. As a CEO, it’s important to spot the distinction. Entrepreneurs and founders should always surround themselves with individuals that will speak up even when their perspective is  unpopular. In fact, diversity of thought makes for growth; it’s needed to scale the business.

4. Not Sharing Company’s Vision With Team

As an entrepreneur/founder, ensure to share your company’s vision with your team. This way, they see the bigger picture and the ultimate goal. Team members will be motivated to do their work and have a sense of sharing in the company’s success.

5. Neglecting Self-Development

Leading a business or company comes with continuous self-development. Acquire and build up on skills that will boost your capacity to take on the challenges of running a successful venture. It is very important for business owners to seek knowledge and make themselves better.

Tags: African CEOsAfrican EntrepreneursEntrepreneurship TipsNigerian Founders
Previous Post

Deployment of 5G Network in Nigeria will Optimize Business Functions, Says NCC

Next Post

U.S Consulate Launches Multi-functional Space In Lagos For Youth Entrepreneurship And Idea Development

Blessing Osazuwa

Blessing Osazuwa

Blessing does the research to bring you needed information for success.

Next Post
U.S Consulate Launches Multi-functional Space In Lagos For Youth Entrepreneurship And Idea Development

U.S Consulate Launches Multi-functional Space In Lagos For Youth Entrepreneurship And Idea Development

Please login to join discussion

Recent News

Unrest hits Lagos, as Police impound motorcycles

Unrest hits Lagos, as Police impound motorcycles

May 19, 2022
Lagos Roads Lack Enforcement- Fashola

Lagos Roads Lack Enforcement- Fashola

May 19, 2022
Residents of Makoko, Oko-Agbon, and Sogunro Resist Planned Demolition of their Communities

Residents of Makoko, Oko-Agbon, and Sogunro Resist Planned Demolition of their Communities

May 19, 2022
Sources of Funds in Nigeria

Entrepreneurship: Trustworthy Sources of Funds and their Requirements

May 18, 2022
SmartPreneur

© 2020 SmartPreneur

Navigate Site

  • Home
  • Trending News
  • Radio
  • Games & Quizzes
  • TV

Follow Us

No Result
View All Result
  • Home
  • Trending News
  • SME
  • Podcast
  • DIY
  • Hustle Life
  • Quizzes
  • TV
  • Contact us
  • Ask an Expert

© 2020 SmartPreneur