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Ask the Entrepreneurs: 12 Things Entrepreneurs Should Stop Doing

Ask the Entrepreneurs: 12 Things Entrepreneurs Should Stop Doing

Ask The Entrepreneurs is a regular series where members of the Young Entrepreneur Council are asked a single question that aims to help Lifehack readers level up their own lives, whether in a area of management, communication, business or life in general.

Here’s the question posed in this edition of Ask The Entrepreneurs:

We talk a lot about daily habits and productivity. But what’s one thing entrepreneurs should STOP doing every day?

1. Talking About Themselves

Kim Kaupe

    Entrepreneurs tend to get so wrapped up in the pitching, convincing and selling of their day-to-day life that sometimes it becomes all they ever talk about. Being well-rounded and conversational will help you have rapport with others around you. While talking about yourself and your business is important, doing so constantly comes off as being self-centered and oblivious to the world around you.

    Kim Kaupe, ‘ZinePak

    2. Focusing on a To-Do List

    Tyler Arnold (1)

      The best leaders I know focus on building the right culture and energy in the office. Sitting in a corner and pounding out to-do items may feel productive, but don’t forget about doing the things that aren’t fully quantifiable. Helping teammates who may be having a bad morning or struggling with a project could be the single most valuable thing you do all day!

      Tyler Arnold, SimplySocial Inc.

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      3. Eating Pizza

      Andrew Angus

        When you head into the startup phase of your company, everything you used to do that was healthy is going to stop. You are going to put on weight. You are going to end up with too much stress and a back that is in constant pain. Don’t eat pizza. It will make it easier to get back in shape when you’re out of that phase.

        Andrew Angus, Switch Video

        4. Using Social Media Distractions

        Anthony Saladino

          Shut down all your personal social media distractions during the work day. Facebook, Instagram, Vine and Twitter will all be there after you complete your daily tasks. Many entrepreneurs don’t realize just how much time they waste reading and engaging on these mediums and also just how much it decreases their daily productivity. To succeed, use your time wisely.

          Anthony Saladino, Kitchen Cabinet Kings

          5. Multitasking

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          Andrew Schrage

            Multitasking has its place in the business realm, but there are also times when it should be avoided. If you multitask two separate and very important projects, you can end up with two sets of dismal results. Know when to multitask and when to focus on a single task.

            Andrew Schrage, Money Crashers Personal Finance

            6. Waiting for the Right Moment

            michael mogill

              Stop waiting for the right time, and just get things done. Define the one thing you can do today that will help grow your business and not just keep you busy.

              Michael Mogill, Crisp Video Group

               

              7. Attending Management Meetings

              David Ehrenberg

                Admittedly, management meetings are sometimes necessary and useful beasts. But a culture of meetings is ultimately just a time suck. Everyone has had that experience of waiting for a meeting to end so that real work can resume. To increase productivity, reduce management meetings and time in meetings in general. When you must meet, have a clear agenda and stick to it.

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                David Ehrenberg, Early Growth Financial Services

                8. Letting Interruptions Happen

                Maren Hogan

                  Interruptions are just a part of life, but I take steps to prevent them. It is so hard to refocus after multiple interruptions. I don’t even want to calculate how much time I lose to redirecting my attention several times a day. If it gets to be too much, I go into do-not-disturb mode. I close the door, only take scheduled calls and tell my staff that they can email me and I’ll get to them later.

                  Maren Hogan, Red Branch Media

                  9. Going out for Lunch

                  Rameet Chawla

                    The lunch hour is one of the most active times of the day and a great time to get work done. After work is when most socializing should be done. Instead of worrying about getting back to the office or getting work done before you dip out, meeting at the end of the day takes off the edge. You can drink without a conscience, leave the office behind and invite others to join to optimize your time.

                    Rameet Chawla, Fueled

                    10. Working on the Fly

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                    Fabian Kaempfer

                      One habit to break away from is working on the fly rather than with an agenda. With a startup, things will happen, and you can be pulled in different directions. Don’t make it a habit to make that the way you operate. Make it a point to be proactive rather than reactive.

                      Fabian Kaempfer, Chocomize

                      11. Pleasing Others First

                      Elizabeth Saunders

                        If you are allowing your time and energy to be diverted from your priority tasks simply to make professional acquaintances (e.g., individuals not in your inner circle) happy, then you’re not investing your time well. Focus on the people and activities that really matter, and you’ll be better off in the long run.

                        Elizabeth Saunders, Real Life E®

                        12. Emailing Coworkers

                        Saul Garlick

                          The biggest breakthrough at ThinkImpact has been the realization that we don’t need to email each other. We can use different tools to communicate. Our new favorite is called Slack . It allows you to communicate in one of three ways: via office-wide messages with a related subject, a direct message with a colleague privately or a private group of colleagues.

                          Saul Garlick, ThinkImpact

                          More by this author

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                          Last Updated on January 24, 2020

                          10 Good Habits To Have in Life To Be More Successful

                          10 Good Habits To Have in Life To Be More Successful

                          Habits are behaviors and patterns that you showcase by default. They enable you to carry out crucial activities like taking a shower, brushing your teeth, getting prepared for work.

                          Interestingly, you follow this routine every day without considering them. Your unconscious habits create room for your brain to perform more advanced activities like problem-solving and choosing what book to read.

                          Everyone has habits, and several of those habits are activated every day. I would classify them into three groups:

                          • The first category includes the habits that you hardly notice as they have become a major part of your life- such as brushing teeth or wearing clothes.
                          • The second category comprises good habits to have to be more successful-like eating healthily, exercising your body and reading books.
                          • The last group consists of those habits that are harmful-like procrastinating, smoking or overeating.

                          Habits are fundamental to becoming successful in life — or probably ending up a failure. Yet, as significant as habits are, some lack the knowledge of their capabilities.

                          Habits are default activities that you engage in without giving an afterthought. They are automatic behavioral or mental activities. They help you carry out some actions without exerting too much energy. They simplify your life.

                          Several people aspire to break bad habits. For instance, some people diet to stop overeating. They exercise to reduce obesity. Habits can hinder or impact your performance and productivity.

                          That’s why I would share 10 good habits to have to be more successful in life.

                          1. Begin Your Day with Meditation

                          I recommend mindful meditation early in the morning. This practice helps you to be in the present moment. Consequently, it enables you to be mindful of challenging situations during the day.

                          Different stressors may trigger as you go through the day; meditation helps you to remain calm before taking on the challenges.

                          Personally, it helps me to devise strategies and think about ideas. Meditation is a good habit to have if you want to be connected to what’s significant in your life.

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                          2. Be Grateful for What You Have

                          Sometimes, you waste time thinking of what’s not enough. You become immersed in those daunting challenges. However, challenges justify the presence of hope. When you have life, you have expectations. You will be free from challenges when you are six feet under. The only strategy you have to stop focusing on your problems is to focus on what you have.

                          Gratitude is a time-tested pathway to success, health, and happiness. It redirects your focus to what you have from what you lack. Here’s what James Clear does every day,[1]

                          “I say one thing I’m grateful for each day when I sit down to eat dinner.”

                          3. Smile

                          Can you pause and smile before you continue reading this?

                          Now here is what just happened based on research conducted by the Association for Psychological Science; you set a pace for living a happier life when you smile. A genuine smile or what’s called a Duchenne smile is a good habit to have if you want to find spiritual, emotional and mental peace of mind.[2]

                          Smiling induces the release of molecules that function towards fighting stress. The physiological state of your body determines the state of your mind. When you slouch or frown, your mind takes cues relating to unhappiness and depression. But, once you adjust yourself by putting up a smile, you begin to feel a new level of excitement and vibrancy.

                          Can you smile again?

                          4. Start Your Day with a Healthy Breakfast

                          Starting your day with a healthy breakfast is a good habit to have and forms a crucial part of your life. Nevertheless, about 31 million Americans skip their breakfast each day.[3]

                          If you are fed up hearing that breakfast is a crucial component of your day, you are only fighting the truth. If you want to become more successful, you need to ‘break your fast’ with healthy foods every morning.

                          This habit is not difficult to form if you usually rush out the door every single morning. You can wake up earlier to fix yourself a meal so you don’t break down during the day.

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                          Get inspired by these 20 Healthy Breakfast Choices That Will Save You Time.

                          5. Exercise Daily

                          One of the good habits to have is to exercise your body and muscles every day. You don’t have to run a marathon or lift a weight. You only need to engage in less strenuous activities that oxygenate your blood and inject endorphins in your body.

                          Jack Dorsey, the CEO of Twitter, classified exercise as a good habit to maximize his already jam-packed schedule.[4] He said,

                          ‘I wake up by 5, meditate for 30 minutes, seven-minute workout times three, make coffee, and check-in.’

                          He said on Product Hunt that he follows this routine every day as it gives him a steady-state that empowers him to be more productive.

                          6. Manage Your Time as You Manage Your Finance

                          Another good habit is the act of managing your time effectively. This goes a long way to impact your achievement.

                          Time management is what separates the successful from the rest of the world as we all possess the same amount of time. How you leverage time determines your potential to succeed in life.

                          So how do you manage your time effectively?

                          Here’s Jack Dorsey’s recommendation in one of the Techonomy events;

                          “I accomplish effective time management by theming my days and practicing self-discipline. These themes help me handle distractions and interactions. If a request or task does not align with the theme for that day, I don’t do it. This sets a cadence for everyone in the company to deliver and evaluate their progress”.

                          And this is Dorsey’s weekly theme:[5]

                          • Monday – Management
                          • Tuesdays – Product
                          • Wednesday – Marketing and growth
                          • Thursdays – Developers and partnerships
                          • Fridays – Culture and recruiting
                          • Saturdays – Taking off
                          • Sundays – Reflection, feedback, strategy, and preparing for Monday

                          No wonder he was able to run two companies when others were struggling with one job.

                          7. Set Daily Goals with Intentions

                          Everyone has goals. It may relate to business or personal life. The truth is, we’re all tending towards a particular direction or another. Nevertheless, while long-term goals can offer you direction, it’s your daily goals that you establish that help you develop short-term goals that are essential for your success.

                          Long-term goals may not give you the motivation you need to keep on. But when you implement your short-term milestones daily, you become fired up, and you can overcome the challenges that come with taking on bigger tasks.

                          Here’s the main truth:Successful people don’t set goals without establishing their intentions. According to Jennifer Cohen of Forbes,[6]

                          “What helps you to achieve your desired expectation is ensuring intentions accompany your daily goals.”

                          Be intentional about your daily goals!

                          8. Seek Inspiration

                          It is usually difficult to be inspired for a considerable length of time. Sometimes, you become discouraged and feel like giving up on your goals when things are not working out as intended.

                          A practical approach to stay on top of the situation is to inspire yourself each day. When you wake up in the morning after meditation, watch some motivational videos, and let the story of great leaders inspire you.

                          Establish what Anthony Robbins called the ‘hour of power.’ Determine how many minutes you spend but make it count. Inspiration is the fuel for achievement because when you can conceive it in your mind, you can accomplish it.

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                          Michal Solowow, an investor and the founder of Mitex, a construction company puts it this way,[7]

                          “The problems I encounter in everyday life motivates me to find solutions. This is a self-propelling mechanism. becoming a billionaire was never a motivating factor.”

                          9. Save Steadily, Invest with All Prudence

                          I can exhaust the good habits to have without talking about saving and investing. Most times, you overlook the significance of saving for the future when you are living in your present moment. According to CNBC, a $1000 emergency will propel several Americans into debt.[8]

                          However, it is not enough to save, and you must invest your fund and be wise with it. If you pay attention to this now, you will set yourself for a life of success in the future. Ensure you save at least six months in your emergency account so you can be prepared for any future emergency.

                          10. Budget and Track Your Spendings

                          Benjamin Franklin warned of taking the precaution of little expenses. He said,

                          “A small leak sinks a great ship.”

                          It is easy to discard little expenses, but the truth is they always add up. This happens when you fail to budget.

                          Budgeting is a good habit to have, which can impact your financial life significantly. The money you spend on extravagant lifestyles can be saved and invested in your future.

                          The Bottom Line

                          Endeavor to cultivate these good habits to have to become more successful as you journey through life. The quicker you cultivate them, the faster you achieve your goals.

                          More About Habits

                          Featured photo credit: Andrijana Bozic via unsplash.com

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