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10 Things You Should Not Do If You Want To Create Your Own Business

10 Things You Should Not Do If You Want To Create Your Own Business


Published On December 27, 2014 | By Simi Afroza Mira| black people and money, Entrepreneurship, financial commentary,Latest posts, Motivation

Have you ever had a dream of being your own boss by opening up a business but then never did anything with that dream? If this has happened to you, then you are in luck.  Why?  Because money is not the thing standing in front of your dream, you are.

Here are ten bad habits you need to break if you want to ever go into business on your own:

Looking for the Easy Path

If you are looking to become a business owner it takes hard work. There is no quick and easy way to become a business owner. It will take time, but do not give up because it will pay off.

Living Life with No Sacrifices

When you start planning to open your business, you have to make sacrifices. Keeping up with the latest and newest gadgets and clothing lines will just have to wait. This is a bad habit that needs to be put to the side so you can start saving for your dream business.  Freedom is almost never free.

Staying in the Comfort Zone

If you are always playing it safe, it might be time to break free from this habit. In order to open a business, you will need to do things that you may have never done before.  There is an old saying which says, “You’ll never discover new lands if you’re always afraid to leave the shore.”

Advice from Others, especially naysayers

Relying solely on  advice from others for decisions relating to your business plan is a bad idea and a waste of time. You do not need to find validation from others, especially if they’ve never been entrepreneurs before.  You’re going to make mistakes, but at least try to learn from those who’ve succeeded in their own businesses, not the negative peanut gallery who is afraid to try something new.

Expecting Instant Success

We all know that things in life do not come instantly, and this is especially true when it comes to opening a business.  It will take hard work and a lot of time to get your business up and running.

Excessive Partying or leisure

Yes, everybody loves to have a great time, but excessive partying could be taking valuable time and money from your business.  It’s okay to have a healthy social life, but if partying is taking over your life, it is time to focus energy on your business.

Spending like a maniac

By cutting back on your spending now, you can save and prepare for your future. Since all businesses have some unexpected expenses that arise over time, having a little extra cash on hand is a must.  So overspending is a bad habit that needs to be dealt with now so your business can have a good start.


If you find yourself continuously putting things off, it is now time to break this bad habit. Teach yourself how to manage your time, and you will be productive.  Create a set of little goals, and once you have completed that list, make another goal for yourself.

Self-Doubt and Fear:  Don’t let them paralyze you

Excessive fear can consume your life. Self-doubt can make someone miss out on important opportunities.   It’s OK to feel the fear, just don’t let it stop you.  Everyone is afraid, and without taking a risk, you’ll never have access to your dream.

Over-Thinking your next move

Over-thinking and over analyzing can be a bad thing. This happens when one is afraid of making mistakes.  When it comes to opening a business, you need to know that mistakes will happen, but this will only help one to learn from their mistakes.

Now that you have the spiritual amunition you need, go out there and conquer the world.  Your dream is waiting for you to make the decision to grab it.

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