Business Killing Character Flaws
Manage episode 479543740 series 3168617
The worst character flaws for someone building a business:
1. Arrogance
• Thinking you know it all kills learning, mentorship, and team collaboration.
Example:
A business owner refuses to listen to feedback from mentors or clients because they think they "know better." As a result, they miss critical market changes and lose customers to more adaptable competitors.
Lesson: If you stop learning, you start losing.
2. Laziness
• Building a business requires extreme discipline; half-hearted effort destroys momentum.
Example:
An entrepreneur makes a big announcement about launching a product but procrastinates on the hard work behind the scenes. Deadlines slip, quality suffers, and the market opportunity disappears.
Lesson: The gap between dreams and reality is called "work."
3. Inconsistency
• Success demands daily, disciplined actions; inconsistency erodes trust and progress.
Example:
A business builder works hard for two weeks, then slacks off for a month. Their team becomes confused, clients lose trust, and momentum dies.
Lesson: Success doesn't come from what you do occasionally — it comes from what you do consistently.
4. Entitlement
• Expecting rewards without earning them will sabotage your reputation and relationships.
Example:
Someone expects rapid success because they "showed up" a few times. When rewards don’t come fast enough, they get bitter and quit — right before a breakthrough.
Lesson: You don't get what you think you deserve; you get what you earn.
5. Poor Integrity
• Cutting corners, lying, or failing to keep promises will eventually collapse everything you build.
Example:
A leader promises bonuses, promotions, or timelines they never honor. Word spreads, morale collapses, and top people leave for competitors they trust.
Lesson: Your name is your brand — protect it like your life depends on it (because it does).
6. Fear of Responsibility
• Leaders carry weight. Dodging responsibility kills your credibility and leadership potential.
Example:
When problems hit, a leader hides, blames others, or ignores the situation. The team loses confidence, and the business loses customers.
Lesson: Leaders don’t run from fires — they run into them with solutions.
7. Short-Term Thinking
• Obsessing over quick wins blinds you to the real work of building a lasting business.
Example:
A businessperson cuts corners to save money today but damages their brand long-term. Cheap products, sloppy service, and burned bridges cost them future revenue.
Lesson: Don’t sacrifice what you want most for what you want now.
8. Emotional Reactivity
• Inability to manage emotions leads to bad decisions, broken relationships, and team instability.
Example:
A team leader blows up during a tough meeting or takes criticism personally. People walk on eggshells around them, creativity dies, and opportunities are missed.
Lesson: Emotional control is a business superpower.
9. Blame Shifting
• Blaming others instead of owning mistakes keeps you from growing and earning respect.
Example:
When goals aren't met, a business owner points fingers at the economy, their team, or their "bad luck." They never improve because they never take ownership.
Lesson: Leaders own everything — wins and losses alike.
10. Lack of Vision
• Without a clear “why” and a bigger picture, you’ll lose passion — and so will everyone following you.
Example:
A business starts strong but drifts because the leader never sets a clear mission. The team becomes disoriented, priorities clash, and the business plateaus.
Lesson: If you can't see the finish line, neither can the people running with you.
34 episodes