Fox & Partners

Still looking for some actually realistic goals to set for 2026? It’s never too late to start on these.

👉 Swipe through to see a list of achievable goals that you’ll feel in your bottom line this year.

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Many business owners fall into the same traps thinking that they’re doing the right thing. They may not even recognize that they’re making any mistakes at all.

Here are a few of the most common pitfalls we see business owners run into, and how you can fix them:

🧁 Working In the Business, Not On It: For example, a bakery owner focusing on being the best baker, not running a successful baking business. (Shout out to Michael E. Ge**er for pointing this out in The E-Myth!)

🛠️ The Fix: Find trusted people (other good bakers) to keep things moving while you step back and strategize.

💰 Not Being Mindful of Personal Financials: Of course, working on the business is crucial, but issues with personal finances add up, are often more stressful, and can get a business owner in trouble.

🛠️ The Fix: Pay yourself. Treat your fee like a regular expense, and make sure it's enough to keep yourself afloat each month.

✂️ Taking Shortcuts with Staffing: A bad hire costs you time, money, and productivity. Short-changing someone will result in poor performance and high turnover.

🛠️ The Fix: Make the investments in your staff when you can. This means paying a sustainable salary and setting them up for success.

What are some mistakes you’ve learned from while running your business? How did you fix them? 🗣️Share your experiences with others in the comments!

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