Every businessman and businesswoman should be careful not to fall prey to these ten bad qualities.
Navaratri (The Nine Nights) is a Hindu festival that lasts from October 10th to October 18th, 2018. It celebrates the God Rama’s victory over Ravana, a demon king with 10 heads which appears in the epic ‘Ramayana’, a classic tale of good versus evil.
10 Negative Qualities for Businesspeople to Have
“You should learn from your competitor, but never copy. Copy and you die.” – Jack Ma
Just as Ravana had ten heads, here are the ten ‘evil’ heads that people in business should avoid, be it CEOs or interns.
#1 – Greed
We had to put this one first because it has been prevalent for quite some time, not just in business, but everywhere. Successfully negotiating a higher offer is great, but one should never lust for more money than they require. Being greedy to the point where you cheat your customers for money or use creative loopholes to dodge taxes is not only bad but illegal. Unethical procedures and malpractices should be avoided at all costs, or they will lead to your business being shut down.
#2 – Impatience
There is no other way to put this than to say that some things take time. You can’t rush art. Forcing your employees or co-workers to do their jobs in an overbearing manner will only end up demotivating them. As SEO analysts, we understand this since SEO takes some time to bear fruit. If a person doesn’t love their job, it is difficult to make them do it well. Deadlines and timeframes are understandable, but humans aren’t robots, and perhaps the unrealistic deadlines are the actual problem.
#3 – Sloth
Nobody ever became a millionaire by lying in bed and doing nothing all day. If you want something, nobody ever gives it to you. You have to take it. Don’t procrastinate and put things off until later. Stop pushing things back, especially those that can be done in a few minutes. Tomorrow never arrives. Sometimes, you just have to crunch the numbers and power through the task. Stop wasting time and lying around. Be productive. Work hard now so that you can relax later. Get out there and make it happen.
#4 – Inconsistency
Change is good and people and companies change over time. However, this does not mean that you should keep flip-flopping back and forth between issues. Avoid changing your mind every 10 seconds or so, as this causes confusion and mixed signals throughout the company. Indecision and inconsistency indicate that you actually haven’t made up your mind and need to do more research on the issue. Staying true to yourself increases trust among your employees and customers.
#5 – Ego
“If you have an apple and I have an apple and we exchange these apples then you and I will still each have one apple. But if you have an idea and I have an idea and we exchange these ideas, then each of us will have two ideas.” – George Bernard Shaw
Just because you have made it doesn’t mean you know everything. Learning shouldn’t stop after our school and college days. You can always learn something new every day. Share what you have learned with others and vice-versa. It is okay to admit you were wrong. Often times, our ego and arrogance prevent us from doing this. People make mistakes and nobody is perfect. What matters is the ability to accept those mistakes and learn from them. Confidence is good. Overconfidence is not.
#6 – Wrath
Berating a person for hours on end without telling them how to improve does nothing but demotivate said person. It is your line of work, but being overemotional helps no one. Mood changes and emotional outbursts in front of fellow employees leads to resentment. If need be, speak to the person privately in a calm tone. Raising your voice only leads to a shouting match where both people ignore each other. The next time you get angry, think before you speak. Take a deep breath and count to ten, as words which you have spoken to someone cannot be taken back.
#7 – Addiction
This is the opposite of sloth and when you just keep working 24/7. We understand especially for entrepreneurs that since it is your business, you just want to keep working all day, even on the weekends and holidays. You need to be passionate about your work, but there is a limit to everything. Frankly, this is dangerous to your health as well. You need to maintain work-life balance. Don’t become a workaholic. Take some time off to be with your friends, family, and loved ones. This will give you peace of mind.
#8 – Intimidation
This is one quality for everyone to avoid. There is no need to struggle for power in this way. Intimidating and threatening your employees or customers is not a good trait to have. You only come off as a bully and people will be less likely to work with you. No one likes a bully. Ironically, intimidating someone by threatening to blackmail them only makes you seem insecure. Shy away from playground and schoolyard tactics and start treating the people you work with like adults because that is what they are.
#9 – Over-Cautiousness
“You miss 100% of the shots you don’t take.” – Wayne Gretzky
If you never take risks, you will never go anywhere. Don’t jump headfirst into whatever opportunity comes your way, but at the same time, don’t stay in one element. Opteamize itself started as an IT and SaaS company (just read our post from 3 years ago) before moving to digital marketing. Never be afraid to take risks. Even if you fail, treat it as a learning opportunity. The road to success is paved with failure. Eventually, It all comes down to adapting to the environment. Just like the law of the jungle, it is survival of the fittest. Those who fail to expand to new areas and diversify their portfolio will eventually be out of work.
#10 – Close-Mindedness
Some businesspeople are just so stubborn and obstinate that they refuse to listen to the advice of other people. This ‘my way or the highway’ attitude won’t get you very far and will only cost you relationships. Avoid burning bridges. Be open and honest about your dealings, and be willing to listen to others. You don’t have to follow all the recommendations of others, but you should at least be willing to listen to their concerns. For a company to succeed, transparency is key.
Behead the 10 Negative Attributes
Those were the 10 negative qualities every businessperson should avoid. All of these traits can be good on some occasions. In fact, you may find them in many famous businessmen and businesswomen. However, when taken to the extreme, they will ultimately lead to your downfall. Don’t be a victim. Slay these monsters now.
If you have any of these traits, then no need to worry. There is always room for improvement and an attitude change. Apart from these, stay humble and never forget where you came from.
There are other characteristics as well, such as lack of decision-making skills, no empathy, usage of fear tactics, not being a team player, blatant plagiarism, or inability to offer constructive criticism. Try throwing these qualities out and see how much your workplace culture improves.
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Keep these negative traits in mind the next time you go to work, and enjoy your Navratri!