As a professional business coach and mentor, I see many small business owners whose lives are ruled by their business – not the other way around. They burn themselves out working outrageously long hours when they could be spending more time at home with their families and friends and taking time out to enjoy life.
So many of them began their business so they could be “the boss” and work their own hours. What happens is their lack of experience turns this around on them and they become slaves to their businesses.
Having started many successful businesses myself, as well as coaching and mentoring other new business owners, I understand more than most just how easy it is to become “stuck” and become trapped in bad habits. It’s easy to say “work smarter, not harder” – but what does that mean exactly? Most small business owners don’t have a clue.
So here are just eight of some of the more common mistakes small business owners make, so you can avoid them and if you are already trapped, what you can do about them:
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