1. Always following. Be careful where and when you take tips and strategies from external sources. Even if from a highly reputable source, any tip/strategy isn’t guaranteed to work for your business. Your decisions should arise from your data. Futrli allows you to extract deep insights about your business from your numbers, allowing you to base your decisions on more than just other people’s words. By all means, take inspiration from sources you’ve picked discerningly, but be resolved to test and research the methods of someone else’s success for yourself.
2. Prioritising short-term comfort. Identifying what you wish to achieve is fundamental in gathering the motivation and momentum with which to reach your goal. The successful person realises that any goal that motivates them intensely enough so that they take action, is unlikely to be easily achieved and most likely requires discomfort and pain to get there. Stopping too early, before all avenues have been explored, or at the first sign of pain is a fundamental difference between you gaining success or not.
3. Failing to honestly assess your situation. It can be easy to turn a blind eye or put your head in the sand. Futrli offers a clear view of your financials with beautiful graphs and charts, enabling you to easily follow the decisions you are making. This allows you to develop your business operations based on facts. You can create a base scenario and then play with it to reflect a range of possible futures (optimistic, pessimistic and most likely, as a minimum). This way you are forecasting and anticipating problems in order to prepare, rather than just waiting for them to manifest.
4. Undervaluing yourself. Your value and your perceived value are not static. If you’re underselling yourself due to self-limiting beliefs, your business cannot grow at the rate it should. Worse still, it can result in you missing your moment to really leverage your offering and the market moving onto something else before you’ve had a chance to cash out or develop your business more fully. Your goal, clearly, is to aim to be compensated what you’re worth. If after having established an accurate value based on extensive market research and a customer is not willing to pay it, then they are probably not worth your time.
5. Neglecting your inner life. Successful people quickly learn that who you are on the inside and, in particular, how you manage your internal dialogue has a significant impact on the manifestation of your external circumstances. It’s important that you quickly identify your own negative patterns which cause you the most mistakes and take measures to cease repeating them again. Whether it is indulging negative thought processes, lack of rest, or not learning to manage your chimp (your animal instincts) you need to take action on how to stop.
6.Taking your eyes off the prize. You’ve just sat down to look at your monthly figures when you get an email notification or a WhatsApp message to burst your concentration bubble. In today’s modern environment it’s becoming increasingly difficult to retain a single-minded focus with which to best make use of your time. Likewise, it’s equally difficult keeping your eyes on the big picture and to hold in your mind that no single event, whether that be a win or a loss is ever the whole story.