4 of 7
Fear of firing
Fear of firing
No sane person enjoys letting people go, but it's necessary if you want to run a great company. As in any competitive endeavor, it's critical to have the best people. It's easy to keep mediocre employees around, especially when they are nice and loyal -- but it will hurt you sooner or later.

Here's a good test: Would you be relieved if anyone on your team quit tomorrow? If the answer is yes, you've got a problem.

NEXT: Lack of standards

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