“Look, we’re going to go with someone else”
As a guy who owns his own business, those words truly suck. I’ve been in the freelancing gig full time, for almost two years now. I’ve learned a lot of information in a short amount of time.
Occasionally though, I fall short on being a good business man. I screw up. I don’t treat the customer right or deliver the right product to them. When that happens, I lose that client. That means I lost money. Money that I use to eat. If I’m not careful, I’ll kill my business.
Here are 5 steps on how to kill your organization.
1. Not Communicating.
– I hate calling people back. It’s such an annoyance to me. I don’t want to talk to them. I don’t want to tell them that their product is taking more time than I thought. However, when I do call, 9 times out of 10 the conversation goes better than what I thought it was going to turn into. Most people are understanding when you call them to postpone something. They just want to be kept in the loop. Give them the curiosity of being honest and upfront with them.
2. Be late
-I know a business owner who is always late to every meeting they schedule. You can plan on the owner to be at least 30 minutes late to everything. I’m not the only person to notice their lateness, their clients are also noticing and growing tired of it. That business owner has lost many clients simply because he/she has been late to every meeting they have scheduled with their clients.
3. Working all the time.
– This is something I’m still struggling with. With no one telling me to stop working at the end of the day, it’s extremely easy to just keep working. It has a nasty effect of burnout and will eventually create suffering in your work and personal life. Set limits to the number of hours you work. Something that I’m experimenting with is working for longer hours on certain days and other days resting and recharging.
4. Don’t have a Vision
-If you have no vision, then most likely you will be just aimlessly wandering the earth in hopes of getting that next job. At one time, I lost site of my vision and was just working to get paid. I forgot about my vision. The end result, was me becoming burned out and wondering why I hated owning my own business. I had to sit down and redraft a vision for me and my company. No vision. No organization.
5. Fund old problems, instead of investing in new solutions
– If you are like me sometimes you barely have time to breathe. This hyper focused lifestyle that we live gives off some bad habits that develop in our daily routines. If you don’t continually strive to better yourself, you’ll slowly be setting yourself for complacency. Many times we think we can just put money into fixing our habits. That doesn’t work. A bad habit with money is just a bad habit with money. If you continually ignore your bad habits, it will take advantage of future opportunities to come. Take the time to figure out the most efficient ways to better your organization. In the long run, it’s worth it.