5 Annoying Habits of Entrepreneurs

Posted by Pierre de la Fortune on March 26, 2015 @ 12:07 a.m.

Written by Luke Landes

Marshall Goldsmith is an executive coach who works mainly with entrepreneurs. He has identified five annoying habits that the best entrepreneurs share. The same personality that helps individual succeed also hinders the same individuals in certain social situations. I’m not a fan of broad generalizations, so I wouldn’t say that all entrepreneurs act a certain way. Also, I wouldn’t say that these traits are only exhibited by successful entrepreneurs. Goldsmith made these observations, and maybe you know someone who fits some of these characteristics.

1. The competitive drive. Entrepreneurs constantly need to prove they are better than their competitors. Successful entrepreneurs are able to “toot their own horn without blowing it.” Competition is healty when it is a source of motivation, but there are some situations when it’s not socially acceptable. Say you’ve had a hard day at work; you come home and your partner says, “I had a hard day today.” You say, “You had a hard day! You had a hard day! You wouldn’t believe the kind of day I had.” They’re so competitive that they have to prove they’re more miserable than the person they live with. 2. Shutting down others’ thoughts. Goldsmith explains this by describing how entrepreneurs will start sentences with “but,” “no,” or “however.” This basically is communicating, “You’re wrong and what I have to say is correct.” “No,” “but,” or “however” means disregard everything that came before this word. Basically what you’re telling the person is shut up. 3. Adding too much value. An entrepreneur in a management position knows her business well — so well, that when suggestions are brought to this entrepreneur, she will improve it, making it her own. This has some consequences. From Goldsmith’s point of view: The quality of the idea may go up 5 percent, but my commitment to its execution may go down 50 percent, because now it’s your idea, not mine. It’s hard for an entrepreneur to realize that the effectiveness of execution is a function of the quality of the idea times this human being’s commitment to make it work. 4. Playing favorites. This sounds like an overgeneralization, but Goldsmith says that entrepreneurs claim they don’t like suck-ups, yet they unknowingly or knowingly favor those who fit that description, and this allows the sucking-up to continue.

To avoid playing favorites, ask yourself four questions. First, how much do your employees actually like you? You don’t know how much they like you – it doesn’t matter. It’s how much you think they like you. Second, ask how much are they like me? Owners who are engineers are often guilty of this. They’ll say, “The employee may be a jerk, but that’s okay, because he’s one of us, he’s an engineer. “How much do they remind me of that ever so wonderful me? Third, how much do they contribute to our company, and fourth, how much personal recognition do I give them? 5. Obsession with goals. Goal setting, mapping out a path, and getting things done to achieve that goal is exactly what makes successful entrepreneurs successful. You pay for that obsession in personal relationships.

I worked with a guy on Wall Street who was clocking 80 hours a week, and he said he was doing it because he needed to make a lot of money. When I asked him why, he said that he’d been married three times, and “Do you know how much alimony I pay?” Then I asked, “Why have you been married three times?” He replied, “None of my wives understood how hard I had to work…” Entrepreneurs kill themselves, literally. They work themselves to death, they don’t get physical exams, their health goes straight to hell. For what? You have to find balance. Looking back to You Call the Shots, by Cameron Johnson [my review], I see these traits in this example of a successful entrepreneur. I can see these traits in other successful individuals, regardless of whether they are entrepreneurs. There is social feedback at play. Are there other traits that might be helpful to those wishing to succeed as entrepreneurs but detrimental when exhibited in social situations? For more info please visit:: http://www.consumerismcommentary.com/5-annoying-habits-of-entrepreneurs/

Is this article helpful?

Comments

Good article

LOL!!! Nas made a major come back...

Obesession with Goals

First, how much do your employees actually like you? You don’t know how much they like you – it doesn’t matter. It’s how much you think they like you. Second, ask how much are they like me? Owners who are engineers are often guilty of this. They

http://www.tagdeed.com/pg.php?ispkw6ek

Related articles: http://jojobag.com/pg.php?iskx4ofcp http://columbuscabinet.com/pg.php?isbcgyzr http://ateiaaragon.org/pg.php?isib1mjrb http://ateiaaragon.org/pg.php?is7brved http://oyuncaksatis.com/pg.php?isht6aac http://www.tagdeed.com/pg

http://www.ulriklynge.dkp1.php?as4fxt75q8

You actually make it seem so easy along with your presentation however I in finding this topic to be really something which I believe I would never understand. It sort of feels too complicated and very broad for me. I'm having a look forward to your subse

nike flyknit lunar 5 mens all black grey

nike air force black high,jordan retro 10 white mint green,adidas flames 34 miikka kiprusoff purple authentic fights cancer stitched nhl jersey ,vintage nike cortez forrest gump nike flyknit racer svart rosa nike air max 90 ultra white silver shoes on sale,mens asics gel

miami dolphins winter hats zip up

new york yankees hat black 2017 ,oakland as stretch fit hats uk miami dolphins winter ha

adidas crazy explosive 2017 las vegas 69

new york yankees cap black on black violence,how to knit a baby cowboy hat

adidas x 17+ purechaos all black

kobe bryant shoes olx ,mens nike internationalist trainers sale adidas x 17+ purechaos all b

cheap adidas tubular doom sock primeknit shoes

cheap nike hypervenom 3 shoes,cheap nike magistax shoes,adidas superstar snake asos,air huarache mens,cheap air jordan 30 (xxx) shoes,cheap nike react hyperdunk 2017 shoes,air jordan 1 scarpe for vendita ,jordan cp3.xi tutti nero scarpe on vendita

asics onitsuka tiger mexico 66 brown road

nike air max dirt bike boots reebok realflex blue nike air max bw red black white nike internationalist womens liberty nike kwazi burgundy reebok gl 6000 grey white green air max 97 zen nike air force 1 low cork nike free leopard

nike dunk sb 2016

nike roshe run custom tribal blue nike foamposite blackout for sale a buon mercato nike kd 6 cielo blu per a buon mercato,nike internationalist yupoo now,nike womens cortez 72 si leather sneak

nike flyknit air max pink and orange

mujeres nike zoom pegasus 33 oro verde nike air max zero s?lv bullet replacem?ndt

air max 95 greedy rainbow

nike air force 1 ultra flyknit white nike womens kaishi 2.0 prt mens chicago cubs 68 jorge soler alternate blue 2015 mlb cool base jersey,air max zero ultra,nike air max 1 bianca nero rosso,mens nike huarache ultra grey green nike internationalist gelb rot nike air max 97 womens gold silver air jordan true flight green black nike air trainer huarache prm qs mens,air huarache run se,air jordan 13 retro neutral grey quarter,nike cortez 90s,knit boy baby hat pattern 4x4,kansas city royals authentic hat linux,nike air jordan 4 cool gris nike free rn navy mens

uk scarpe tutti blu new balance 410

nhl jerseys team usa blank 2014 olympic black jerseys,los angeles galaxy 14 robbie rogers home mens adults 2016 2017 club soccer jerseys,nike mens zoom pegasus 31 oregon project running shoes nike huarache ultra orange pink nike lunar force sky hi wedge baskets nike air force 1 low loyal blue air jordan 6 unc nike kd 8 alle r?d for canada,wholesalg nike mercurial vapor xii alle gr?,<

adidas neo high blue silver

adidas zx 750 khaki nike lunar force 1 tumblr coach outlet edie shoulder bag nike dunk 6.0 mens ray ban clubmaster aluminum cheap mulberry envelope clutch bag price ray ban new wayfarer sunglasses tortoise ralph lauren polo gold pony nutrition

signalsvideo

rob gronkowski authentic jersey nike free 4.0 v2 maschio arancia buy hermes silk scarf nike air force 1 puerto rico sko limited jarvis landry jersey miami dolphins 14 usa flag fashion black mackage juana coat michael kors wallet purse uk nike kyrie 3 silver red parajumpers coat 2017 vw moncler coat sizes gamakatsu ray ban wayfarer frames prada bt1547 handbags black christian louboutin gloriana ballet flats nike lunarepic low flyknit 價錢 tory burch leather foldover cross

flibroactiv

micah mackage coat michael kors backpack army york ralph lauren polo blue australia 2017 oakley jupiter scuderia ferr

extrasklepik

hermes uk scarf fendi square bag prada sunglasses

hbshbuick

nike lebron 14 gold pink mackage kenya suede jacket jeans ray ban matte aviator sunglasses christian louboutin daffodile platform pumps black zipper mackage rab

hilverdatokyo

mackage rubie mini bag purple and gold michael kors purse parajumpers long bear coat sand castle most classic hermes scarf mulberry evelina satchel handbag air jordan 5 melo for sale texas jordan 1 low black and white hermes lindy size 26 jordan 11 green april 2014 hermes equestrian scarf christian louboutin daffodile platform pumps black zipper mackage rab

factorxf

prada mens prescription sunglasses mulberry freya bag pink queen moncler coat cheap recipes ray ban aviator rb3025 l0205 bracelet kid hermes nike air presto palm green for sale hermes pink scarf nike air force 1 puerto rico sko nike flynit air max silver purple prada sneaker 2017 business louboutin sandals silver zone mackage satchel mens earrings stud nike raiders 51 bruce irvin black team color stitched limited tank top suit jersey mulberry mini lily clutch definition nike air max 90 hyperfuse qs all gold

fhnconference

louboutin sandals silver zone mackage satchel mens earrings stud nike flynit air max silver purple prada sneaker 2017 business ralph lauren plain white shirt mens cheap ray ban jackie ohh sunglasses nike roshe run iv red green parajumpers long bear red tory burch blue purse billig nike shox avenue menns gul brooks reed jersey houston texans 58 navy game jersey nike jersey

candbee

jordan super. ugg boots sheepskin women mackage pant presser for home tory burch robinson shoulder bag burberry scarf rose hermes birkin with scarf prad

verylatebay

pink red mens air jordan true flight shoes prada hat and scarf set elite thomas davis sr mens fadeaway fashion jersey carolina panthers 58 black blue nfl,nike san diego chargers heart soul nfl t shirt brown sale,lauren ralph lauren linen floral shirt prints ray ban clubmaster 3016 polari

lebosmartlipo

nike air force 1 puerto rico sko coach crossbody bags purple quality tenis air max 2017 para hombre the hermes scarf book ray ban wayfarer eyeglasses

erickasouza

ralph lauren long sleeve linen shirt ray ban wayfarer black white nike air force 1 puerto rico sko coach wallet womens price euro parajumpers daunenparka selma ukraine the hermes scarf book louboutin boots spike van mackage satchel leather loafers christian louboutin mens trainers spikes qld mackage trish coat uk womens

zgzllc

yellow silver womens nike air max 90 vt shoes how to put on a hermes belt dez bryant jersey number teal sparkle nike free runs mulberry bayswater oxblood satchel quebec air jordan retro 8 menns grå

rahsaskatoon

oakley radarlock pitch polarized sunglasses coach legacy large satchel nz hermes constance 24 price prada tote lookup white converse burberry tie slim prada sunglasses 2015 co

chipchak

mackage lauren leather jacket michael kors blake pebbled leather satchel mens

scmvietnam

mulberry change purse cheap ralph lauren long sleeve polo adidas nmd runner vapour pink light onix exclusive zero coach crossbody bags e

wetakids

hermes scarf replica air jordan future purple queen nike kyrie 1 final playoff adidas runner nmd price

Write something about this article:



Money Blitz Word of the Day

LAMP® - Large Account Management Process - sales acronym and methodology for major accounts management developed by Robert Miller, Stephen Heiman and Tad Tuleja in their 1991 book Successful Large Account Management (see the books at the foot of this page). Note that LAMP® and Strategic Selling® methods and materials are subject to copyright and intellectual property control of Miller Heiman, Inc. Also note that LAMP® and Strategic Selling® methods and materials are not to be used in the provision of training and development products and services without a licence.

Money Blitz Quote of the Day

Success is 99% failure. -Soichiro Honda

WatchList Quote

Major Index WatchList

EUR & USD Interactive Chart