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10 self-sabotaging behaviors entrepreneurs do and how to avoid them
There is a lot of data on why startups fail, but rarely do any of them list "self sabotage behavior by the entrepreneurs", as a leading indicator of the failure. So, based on our internal research and market research, we've complied a list of 10 self-sabotage behaviors that entrepreneurs exhibit and how to avoid them.
Video summary of the article:
1. Impostor Syndrome: Entrepreneurs may feel like they don't actually deserve their success and that they're a fraud ¹.
- To overcome this behavior, entrepreneurs can learn to recognize their accomplishments and remind themselves of their strengths and abilities.
2. Overworking: Entrepreneurs may work excessively long hours, leading to burnout ¹.
- To avoid this behavior, entrepreneurs can learn to set boundaries and prioritize self-care.
3. Not Admitting You Are Wrong: Entrepreneurs may struggle to admit when they've made a mistake ¹.
- To overcome this behavior, entrepreneurs can learn to take responsibility for their actions and use mistakes as opportunities for growth.
4. Procrastination: Entrepreneurs may put off important tasks until the last minute ¹.
- To avoid this behavior, entrepreneurs can learn to break tasks into manageable chunks and set achievable goals.
5. Externalizing Blame: Entrepreneurs may blame external factors for their problems instead of taking responsibility ¹.
- To overcome this behavior, entrepreneurs can learn to take ownership of their actions and focus on finding solutions instead of placing blame.
6. Making Excuses: Entrepreneurs may make excuses for their behavior instead of taking responsibility ¹.
- To avoid this behavior, entrepreneurs can learn to be honest with themselves and others about their actions.
7. Applying Emotion Within Decision-Making: Entrepreneurs may make decisions based on emotions instead of logic ¹.
- To overcome this behavior, entrepreneurs can learn to take a step back and evaluate their decisions objectively.
8. Outsourcing Your Thinking: Entrepreneurs may rely too heavily on the opinions of others instead of thinking for themselves ¹.
- To avoid this behavior, entrepreneurs can learn to trust their own judgment and make decisions based on their own values and goals.
9. Perfectionism: Entrepreneurs may strive for perfection, leading to unrealistic expectations and disappointment ⁴.
- To overcome this behavior, entrepreneurs can learn to set realistic expectations, focus on progress instead of perfection, and recognize that it’s okay to make mistakes.
10. Lack of focus: Entrepreneurs who struggle with focus can find themselves easily distracted and pulled in different directions ⁴.
- To avoid this behavior, entrepreneurs can learn to prioritize tasks and eliminate distractions.
References:
(1) 15 Self-Sabotaging Habits and How to Avoid Them | SUCCESS.
(2) Top Self-Sabotaging Behaviors of Entrepreneurs and How to Overcome Them.
(3) How to Stop Self-Sabotaging Habits That Are Costing You Time, Money...
(4) Self-Sabotaging: Why We Do It and How to Stop the Cycle.
