A careful study of the dominant personalities of successful business moguls such as Bill Gates and Warren Buffet of Berkshire Hathaway reveals that thriving entrepreneurs do not make it by accident or out of sheer luck.

Issa Asad Florida entrepreneur since 1996 agrees; he said that “while some personal attributes may positively influence your entrepreneurial venture, others will definitely work against it.” Mr. Asad is the CEO of 2 companies located across South Florida, including Q Link Wireless and Quadrant Holdings.

As such, this article explores a few qualities that have a lot of negative impact on your business prospects. Continue reading to discover Issa Asad 3 personality traits that can make businesses fail.

1. Rejecting Change

As an entrepreneur, you must accept the universal truth that nothing ever remains the same. Nothing is permanent except change itself. On most occasions, some entrepreneurs refuse to accept the fact that that no one single business can remain the same over the years. The fact you are leading in the industry does not mean that your investment will continue booming for endless eternities. Whereas it is mostly starters who sit on their laurels and expect their businesses to keep flourishing all the time, rejecting change has also crippled giant corporations.

You must be ready for both good and bad times as an entrepreneur. Instead of acting stiff-necked to tell-tale that you should change your way of doing things, you should be always keen for the littlest indication that certain things need to be done differently. Changing according to the ever fluctuating factors that determine the success of your investment is the surest way to stay ahead of the pack.

2. Blaming Others

When your business is not doing well, you must not blame others for the worrying trend. Remember that the business is yours and can hardly be destroyed by anyone else without your contribution. As such, earn to bear full responsibility for every undesirable trend in your business. For instance, consider whether you made a major mistake by employing professionals who do not have what it takes to expertly manage your venture. Since the incompetent employees may be trying their best to run your business in the right manner but lack the capacity to, you ought to blame yourself for hiring poorly-skilled people.

In the same vein, you must be able to accept whatever negative behaviors that may be decelerating the progress of your business, and work out how can change your way of doing things. Blaming others for your business failures will not revive it – it is akin to running away from yourself, which is utterly impossible.

3. Dishonesty

While businesses of the yesteryear could get away with dishonest shenanigans, things have changed with technological advancements. By acting insincere toward a single customer, word can spread by use of the internet until the whole world knows that the business in question is not trustable. While duplicity may yield momentary gratification, it is a cancerous destroyer of even the most stable chart-topping corporations. Deceit, as with many other vices, grows slowly in an individual until it becomes part of their core personality. You can never overcome dishonesty until you stop denying it and confront it head-on.

The best way to cease being dishonest is by understanding that its ultimate consequences work against your reputation and that of your business. Once you fully realize that dishonesty invariably works against you, you will be able to say no to anything that is untruthful.