Get All Access for $5/mo

5 Bad Habits That Are Harming Your Business Make a resolution to cut these behaviors from your life.

By Lisa Evans Edited by Dan Bova

Opinions expressed by Entrepreneur contributors are their own.

Do you drink a cup of coffee at the same time every morning or sit in the same chair at meetings? While habits like these may be harmless, TW Walker, author of Superhero Success (Breakthrough Media Network, 2012) says other habits may be negatively affecting your business productivity and success.

"Habits form from repetition and frequency. The problem is that most people repetitively implement the wrong [habits] that are actually blocking their success," says Walker. Here are five bad business habits to drop now.

Related: 6 Essential Time Savers for Overworked Young Entrepreneurs

1. Failure to delegate. "You can't be everything to your business," says Walker. Sure, you can cram in an 80-hour workweek, but you likely won't be able to keep up that pace. Invest in the best people you can afford, delegate tasks that match their expertise and trust them to do their job. This will allow you to focus on what you do best and the company to run smoother.

2. Bottlenecking decision-making. "Entrepreneurs like to have control," says Walker, but forcing every decision pass through your office can cause your business to slow down, frustrating not only your employees but your customers as well. By hiring the right people and ensuring everyone is clear on the overall goals, you'll allow your business to thrive.

3. Being reactive instead of proactive. Setting your sights to the future is the key to any business' success, unfortunately Walker meets many entrepreneurs who don't plan ahead. "Strategic thinking is what you need in order to have the right habits," says Walker. Once you have goals, you can create habits that reinforce these goals and set you on the path to achieving them.

4. Engaging in unproductive activities. Walker says email and Facebook are the worst offenders in this category. "[People think] they're being productive and multitasking where in reality I believe that the whole idea of multitasking is unproductive," he says. Make it a habit to only check your email two or three times a day and plan ahead for your social media time.

5. Fear. Walker says the worst habit that an entrepreneur could have standing in the way of productivity is fear. Fear of failure, making a decision, and of upsetting others can quickly erode your productivity and business success. "Fear actually takes time," he says. Focusing on your fear takes time away from making important decisions that will propel your business toward achieving your goals.

Related: 4 Cures for Chronic Procrastination

If you recognize any of these above habits in your business, it's time to take action. Walker says exchanging negative habits for positive ones begins with assessing your current situation. "If I have a result that I don't want, the first question I have to ask myself is how did I get there," says Walker. The next step is to write down the habits you want to get rid of and make goals that will get you to where you want to be and review these goals daily.

Walker says it takes 21 times of repeating an action for it to become a habit. Creating a vision board or reviewing your goals every day for 21 days will cement them in your subconscious and become a habit. "Once your goals become habits, everything starts to fall into place," says Walker.

Related: How to Make Good Habits Stick

Lisa Evans

Freelance writer

Lisa Evans is a health and lifestyle freelance journalist from Toronto.

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Editor's Pick

Business News

How to Be a Billionaire By 25, According to a College Dropout Turned CEO Worth $1.6 Billion

Austin Russell became the world's youngest self-made billionaire in 2020 at age 25.

Living

Taylor Swift Has a Lucky Number. And She's Not the Only High Performer Who Leans Into Superstitions to Boost Confidence.

Even megastars like Swift need a little extra something to get them in the right mindset when it is game time.

Marketing

SEO Trends You Need to Be Aware of Right Now, According to a Seasoned Pro

Navigate the future of search engine optimization to elevate your online presence and drive meaningful engagement.

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.

Career

These 3 Big Tech Companies Offer 6-Figure Salaries and Easy Interviews — Especially If You Follow This Expert's Advice

There are far more candidates than positions, so being strategic on the job hunt is key.