How to keep a business stagnant

How to keep a business stagnant

Ever look at a work of art and find a mistake. No matter how minute the mistake, it seems almost everyone is able to point it out.

It seems humans are well adapted at finding mistakes.

Want to have a thriving business? Try this exercise:

  1. Make a list of businesses that are stagnant (could be real business or imaginary)
  2. Then make a list of mistakes that are keeping them stagnant

More often than not, what is keeping your business stagnant is making mistakes that are easy to identify.

It is less likely that what is keeping your business stagnant is the lack of a revolutionary new solution that you haven’t thought about.

So here, I’ll help you get started making the list of things you should do to keep a business stagnant.

Don’t invest time on your business

Don’t be the leader of your business. Don’t spend time making goals, researching opportunities, identifying threats, or strengthening weaknesses.

Don’t invest money in your business

Starving your business is the best way to keep your business stagnant. So keep your business malnourished.

Cut at as many corners as possible, but don’t stop there, compromise on the quality of your product or service.

That’s how you keep an uncompetitive product, and that is the ultimate way to sabotage your business from growing.

Don’t delegate

Do everything yourself. Micromanage. Don’t trust anyone to do anything.

Don’t Prioritize

When you get overwhelmed with all the things you have to do, do the easy, inconsequential things first.

Wait for things to break before adding them to your task list. A task is only important if it’s on fire.

Always split the difference, never negotiate

Who needs to find the interests of others. Your only interest is to pay as little as possible for the things that add value to your business.

You create value by making deals for which you pay an amount you are willing to waste for results you are willing to ignore.

Delay decisions indefinitely

You are not making a mistake if you don’t take action, right?

Is not like making mistakes could teach you valuable lessons, right?

Be an anti-entrepreneur

Be a person who does not organize or operate a business, taking less than normal financial risks.

About the author

Michael Diez is the passionate owner and operator of M10DIGITAL, a digital marketing agency based in vibrant Miami, Florida.

With a deep-rooted commitment to problem-solving, Michael thrives on helping small businesses add significant value to their ventures by enhancing their brand, differentiating their product, and effectively communicating their unique value to their customers.