We've all read about how highly successful companies share common traits and habits. Whether it’s trying to improve the lives of others by creating an innovative app or providing the best customer service in the history of mankind, these companies usually have a similar mindset.
This is also very true with highly unsuccessful companies; the types of businesses that are destined for failure shares habits that guarantee their demise. Traits such as lacking innovation and the acceptance of mediocrity will surely lead to a company's demise.
According to the Small Business Administration, "about half of all new establishments survive five years or more and about one-third survive 10 years or more." It is extremely competitive in the world of business, no matter what industry you're in. This might be intimidating, but if you get rid of some of these bad habits, it could go a long way in achieving success.
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That's why we created this infographic based off of our previous article, The 7 Habits of Highly Unsuccessful Companies. If your company is guilty of having some of these habits, it's time to change before it's too late.