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3 Business Myths You Need To Stop Beleiving

First off we’ve all heard the hundreds of myths that are floating around our business inner-circles. They’re oftentimes hard to avoid, and sometimes these myths start to blend in with the facts of the corporate world. Unfortunately, there are plenty of people that are still believing these myths, and sometimes many even act upon them – even though they have no genuine backing. Here is a list of the business myths that we need to stop believing

The Bigger the Risk, The Bigger the Reward

Secondly, this isn’t to say you should avoid taking risks altogether, but sometimes there is a line that needs to be drawn between risky and downright dangerous. Taking big risks during the early stages of a business can sometimes feel like the best bet to quick fame, but it’s important to make calculated decisions during these crucial times of the business. Sometimes taking a big risk is unavoidable, and when this is the case, it’s important to accept the possibility of failure. This way, when it happens you will be able to learn from the mistakes and move forward in a positive manner.

You Should Stay at the Office as Long as Possible

Being the last one at the office has somehow morphed into being a (false) sign of dedication and productivity. However, when all you think about all-day every-day is work, you’re bound to find yourself on the quick path to burnout. Luckily, it’s starting to become more well known that outside activities separate from work such as hobbies, side-hustles, and other activities are extremely important to business performance.

It may seem counterintuitive that something other than work will help to boost your performance in your career – but believe it! Having a hobby helps you learn how to handle situations that require ingenuity and attentiveness, and even shows your employers that you have the motivation to do something with your time outside of work.

No Sleep for the Wealthy

This myth is just downright dumb. We all saw the Elon Musk tweet about getting hardly any sleep and working 120-hour weeks, but I’m here to tell you – do not follow in his footsteps.

Without adequate sleep, your attention span will lack, and you will most likely experience “a wide range of cognitive problems with working memory, processing speed, and reasoning”. There are several tools that can help any non-sleeper find a good snooze every now and then, such as an essential oil diffuser that relaxes the body and mind, or a suitable sleeping environment that leaves you feeling refreshed and willing to take on the day in the morning.