Entrepreneurship is not as easy as it might sound. In fact, it requires more than being able to raise capital and other resources to be a successful entrepreneur.
In other words, it is not just about the money you throw into your business idea but also about dedication. Being dedicated and motivated will give you an edge over those that have none.
The fact is that entrepreneurship is all about being productive. It is all about being able to manage your time and do more.
However, being productive is a big challenge for young entrepreneurs nowadays. You could have a great business plan all laid out, but it’s possible to fall at the final hurdle due to unproductive activities. In short, success is easily within your reach if you be more productive.
Bad habits, young entrepreneurs and productivity
As a young entrepreneur, I know you have so many stuff running through your mind. But however challenging it may be, entrepreneurship is still the best thing to go into.
However, there are some really bad habits you will have to break away from if you want to be successful. Bad habits are insidious and they are not good for your productivity. They will slow you down, affect your accuracy as well as creativity and your overall performance.
For this reasons, it’s important for you to be in control of your bad habits. It’s not just for you to be more productive but also to be able to improve yourself.
Bad habits young entrepreneurs should break to be more productive
Bad habits are capable of sabotaging your productivity and you won’t even notice their effects. However, it’s not too late to reverse your bad habits and immediately start improving your productivity.
Here are some of the bad habits that young entrepreneurs should break away from to be more productive and the best ways to improve on them.
Procrastination is a common bad habit amongst young entrepreneurs. It is a bad habit of delaying an important task and focusing on less urgent but more enjoyable and easier activities.
“Time is money… don’t waste your time on something you can do later!”
Though it is different from laziness, which is the unwillingness to act, however, it often leads to unnecessary excuses. The fact is that procrastination kills productivity and prevents you from getting the best out of your time.
Nowadays, so many young entrepreneurs waste their precious time on frivolous activities.
The majority of these unproductive activities are not good for any young entrepreneurs aiming to be successful. Therefore, you have no other option than to break away from this bad habit.
#2]. People pleasing
Another common bad habit for young entrepreneurs is the attempt to please everyone. Are you one of the “people pleasers” out there? I also like to please people; it’s one of the nicest and most helpful things to do.
However, the unfortunate thing is that people pleasing can be an extremely unhealthy pattern of behaviour. But the fact is that you can never please everyone. So, why are you doing that? What do you intend to achieve through it?
Don’t get me wrong, there is nothing bad about being helpful and making people around you happy. But it’s important that you find a healthy balance between caring for others and taking care of yourself.
Multitasking is the ability to do more than one thing at a time, however, this doesn’t really make you efficient. So many young entrepreneurs usually think they have the capability to engage in more than one tasks and get better results.
However, some studies have shown that multitasking is actually counterproductive. Researchers have shown that different tasks call for different states of mind, which is called mindsets. You do a better job, the researchers found, when you do as much as you can using one mindset before switching gears to another.
Also, according to The Guardian, it seems that people who think they can multitask are deluding themselves. The publication highlights why trying to juggle several things at once doesn’t really work. However, it suggests that it is better to concentrate on just one task at a time.
Perfectionism, which is sometimes referred to as flawlessness, is not good for young entrepreneurs. Perfectionist entrepreneurs always want tasks done by them. They rarely delegate tasks because they can’t trust others to do a task correctly.
“Perfectionist traits may be affecting your life and holding you back!”
Other people always see a perfectionist as a micro-manager or control-freak who always wants to be in charge. However, perfectionists always see their actions as just wanting to get the job done right.
In short, perfectionism can make you feel depressed, frustrated and anxious. It may also make you feel angry, especially if you constantly criticise yourself for not doing a good enough job.
Perfectionists always have demanding standards for themselves and others. This is not particularly good for young entrepreneurs because you will struggle to get your new business off the ground.
It means you will spend too much of your time trying to perfect your business idea because you are dead scared to fail. Also, you will have trouble completing a project because you’ll think there is always something more you can do to make it better.
#5]. Working without pay
Working without paying is probably the most common bad habits amongst young entrepreneurs. Some entrepreneurs reward their employees, customers and all others, but often forget about themselves.
This kind of attitude is not productive because not rewarding yourself can sometimes lead to a great lack of motivation and inspiration. As a young entrepreneur, it’s very important that you keep yourself motivated in order to get to the level you have ever wanted.
The fact is that rewarding yourself is a great way to boost your productivity. Rewarding yourself is good and it doesn’t have to be all about money. Just because you want your startup to be successful doesn’t mean you should work 24/7 with no break or holiday.
Taking a break or holiday is also a great way to reward yourself especially after reaching some of your set goals. Rewards could also be spending some quality time with your family away from work.