Five ways arrogance will ruin your business

Eden Gillespie

There’s a very fine line between arrogance and confidence. Confidence embodies a self-reflective belief in your abilities and an awareness of your faults. Arrogance on the other hand, is septic – a blind conviction in your superiority above others.

Arrogance breeds toxic work cultures and is not compatible with running a successful enterprise. Plus, it’ll make you lose a whole lot of friends.

Here’s why you should check your ego for the sake of your business.

You’re incapable of being a good leader

An arrogant boss holds themselves as the colosseum to the company, demoralising worker bees instead of uplifting and inspiring them. This attitude often leads to disaster as those contributing to the success of the business feel increasingly underappreciated.

Remember: being a humble boss that recognises talent will improve office morale and inspire hard work.

The inability to self-reflect

Arrogance skews self-perceptions to the extent that it cuts off your hope of reflecting on your success in a balanced and constructive manner.

Without self-reflection, a person will likely overestimate their achievements and engage in risky behaviour, compromising the company’s wellbeing.

Ultimately it results in an inability for self-improvement and growth – a crucial aspect to achieving business goals.

Work culture will be competitive and uninviting

A company plagued by people trying to out-boast each other does not increase productivity. In fact, it turns away potential employees and contributes to a stiflingly competitive culture.

You want your company to have an atmosphere of collaboration and unity. Arrogance will tumble the chances of a family feel.

False belief in product’s success

Arrogance is dangerous to business. Nine out of ten start-ups fail, with most citing the reason as failing to meet consumer demand.

If you’re self-centred and unable to focus on the customer’s needs, you risk overestimating the quality and usefulness of your product.

This means you’ll be more likely to fail in your business ventures.

Avoid superciliousness when it comes to your product and think about the people who are buying it. Ask those around you for feedback – because they are who counts when it comes to your salary.

The risk of over-investment

An arrogant leader risks overinvesting in their product, advertising and company expenses because they are equipped with a problematic sense of self-righteousness.

Be humble and you’ll attract a crowd of admirers, be arrogant and you’ll risk being the only person who praises your abilities.

Confidence is an asset for any businessperson to tackle challenges and exude positivity in the workplace. However, if you’re not reflecting on opportunities for self-growth, you’re doing your company, staff and yourself a massive disservice.

Eden Gillespie

Eden Gillespie is a Sydney-based freelancer who writes about politics, travel, media and marketing.

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