5 things an entrepreneur should do

Despite the status of "hero" that many entrepreneurs have is important to understand that almost all made ​​mistakes, spent much time in the wrong projects and possibly worked with the wrong people before being successful. As a new entrepreneur can and should learn from the mistakes of others. If you want to be a great entrepreneur stop doing these five things.

1. Stop planning team meetings
The founder of Basecamp , Jason Fried, said "joints are toxic, terrible, poisonous things during the work day." In my opinion is right, maybe you're fooling you into thinking that your meeting weekly to 10 people is a good use of everyone's time, but you're wrong. Think about this: when you have joints that last 60 minutes are taking not only a time of day for all but 10 hours of work of your team as a whole. Each person is losing a time that could be spent doing quality work, something that makes money and make your business grow.

Tip: Cancels all together you've scheduled this week. Instead of talking about what needs to be done, decides what to do.

2.Stop involved in all projects
When your business is small, it may be better involved in every project and decision need be, but as it grows need to be able to let go at some point. If you can not make one side or delegate tasks is a sign that you do not trust at all in the people you hired. As an entrepreneur you need to delegate. Once you start to trust your team, give freedom to try new ideas and strategies, it will not be long before you see positive results.

Tip: Hire people who know more than you. Pay them well, keep them happy and help you become the most successful business leader.

3. Stop watching later
In business, things change fast. Your job as an entrepreneur and leader is to create a place where all who work for you are comfortable and adapt quickly. That means you can not spend too much time watching future.

I'm not saying you should not have long-term goals you and your team, you must. Just do not spend all your time thinking about how things will be in years. Instead focus on the present. Set goals that can be achieved by the end of the week, month or quarter. Find victories and recognizes the success distance; is an important part of growing your business and loyalty to your team.

Tip: List three goals you want to achieve by the end of the week. Check them on Friday and see how you did.

4. Stop making assumptions about customers
It's easy to do this without help when it comes to growing your business. As an entrepreneur you can not afford to make assumptions about what they feel, consumers want or need. You need to spend time collecting data, quantitative and qualitative, that can help you understand your customers. This means using surveys, analyze, learn from the analysis and become a better listener. When you stop making assumptions and begin to really learn you will become a better entrepreneur.

Tip: Talk to one of your customers every quarter. Ask questions but also be prepared to listen.

5. Stop being afraid of competition
Put them attention and learn, but do not worry about them. If you have a good product or service, a good brand, equipment and processes, you will find success. Many entrepreneurs get caught up in battles with the competition . Most spend time and money throwing vague campaigns and other "dirty" tactics to make people look bad. Do not fall into that trap. Instead of spending so much energy and time focus on win the loyalty of the people, to make the best products and assemble a strong team.

Tip: If one of your competitors is doing well, make an online and offline to learn from this analysis. Take what you learned to see if it applies to your business. Do not copy, learn to do better.