{"id":10281,"date":"2012-09-27T12:09:11","date_gmt":"2012-09-27T16:09:11","guid":{"rendered":"https:\/\/smarttan.com\/news\/?p=10281"},"modified":"2012-09-27T12:09:11","modified_gmt":"2012-09-27T16:09:11","slug":"do-not-do-thishabits-of-unsuccessful-businesses","status":"publish","type":"post","link":"https:\/\/news.smarttan.com\/index.php\/do-not-do-thishabits-of-unsuccessful-businesses\/","title":{"rendered":"Do NOT do this:
Habits of Unsuccessful Businesses"},"content":{"rendered":"

Instead of the typical description of what you should be doing to make your business successful, the Inc.com article \u201c3 Habits of Highly Unsuccessful Businesses\u201d flips the script and addresses common strategic mistakes that need to be avoided. Contributors Karl Stark and Bill Stark pinpoint \u201cthree key inhibitors to any management team\u2019s ability to build a successful business.\u201d<\/p>\n

    \n
  1. They believe that their circumstances are unchangeable and therefore don\u2019t act.<\/strong> Opportunities always exist, even in difficult circumstances. When you\u2019re able to objectively view the facts of a situation, you\u2019ll be able to see options and flexibility. Remember that not all business assets are on the balance sheet. Aspects like customer engagement and loyalty, relationships and location can always be leveraged to increase growth.<\/li>\n
  2. They do not set milestones for their journey.<\/strong> Milestones are necessary to help you stay on the right track. When you have a plan, you\u2019ll get to where you want to be a lot faster. Try starting by identifying where you want your company to be in five years. Then work backward and outline achievements that need to be met in order to make it happen. Make sure to identify metrics to track your progress and don\u2019t forget to celebrate your achievements!<\/li>\n
  3. They do not reevaluate along the way.<\/strong> Unfortunately, as we all know, not everything always goes as plans. Due to unforeseen circumstances, reevaluation is often necessary. Remember, unsuccessful businesses aren\u2019t always on the brink of decline or failure. You could be doing pretty well, but may still be missing huge market potential. \u201cBy continuously addressing circumstances as changeable, creating milestones, and performing comprehensive evaluation your team will reach more of its potential,\u201d Stark and Stewart write.<\/li>\n<\/ol>\n

    Click here to read the entire article from Inc.com<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

    Instead of the typical description of what you should be doing to make your business successful, the Inc.com article \u201c3 Habits of Highly Unsuccessful Businesses\u201d flips the script and addresses common strategic mistakes that need to be avoided. Contributors Karl Stark and Bill Stark pinpoint \u201cthree key inhibitors to any management team\u2019s ability to build […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-10281","post","type-post","status-publish","format-standard","hentry","category-news"],"yoast_head":"\nDo NOT do this:Habits of Unsuccessful Businesses - Smart Tan News<\/title>\n<meta name=\"description\" content=\"Instead of the typical description of what you should be doing to make your business successful, the article \u201c3 Habits of Highly Unsuccessful Businesses\u201d flips the script and addresses common strategic mistakes that need to be avoided. 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