30 Entrepreneurs Discuss How Quiet Quitting Affects Entrepreneurship
The Covid-19 pandemic transformed our personal and professional lives. When it came to workplaces, people started to question their careers, values, and priorities. One result of this was the beginning of the Great Resignation surge, which prompted employers to realize that they need to adapt to the changing needs of their employees if they want to keep them. And now there’s a new buzzword on the block: Quiet quitting. This workplace phenomenon could spell further trouble for businesses.
We asked entrepreneurs to discuss how quiet quitting affects entrepreneurship and here are the responses:
#1- Offers opportunities for innovation
It’s interesting because on one end “Quiet Quitting” and “Employee Disengagement” cost US companies a trillion dollars a year. As an entrepreneur myself, I’m already focused on what I’m passionate about and building a business, Quiet Quitting is not something in my mindset. As entrepreneurs in a full-time position, this may be the time they take the risk to spend time navigating a different career opportunity. If companies give employees, and entrepreneurs, a chance to innovate within their day-to-day roles, this could be a win-win.
Thanks to Brooke Waupsh, Swoovy!
#2- Threatens entrepreneurial innovation
Quiet quitting is a problem for entrepreneurship because it thwarts innovation. Workers that are doing the bare minimum are unlikely to come up with new ideas or think of ways to improve the work they are doing. Entrepreneurs often get their ideas from trying to optimize and finesse the systems they are working in. A more motivated employee will have better ideas for the future.
Thanks to Victor Anaya, Serviap Global!
#3- Costs and delays in results
When you run a business, you will come across one or two staff members who are not a good fit for your business. They'll put in the least effort until they find something better. When you have several employees doing this, however, it's showing a trend and it means something needs to be fixed. It usually stems from leadership and the fact that employees don't feel valued. They're either underpaid, overworked or a combination of the two. Quiet quitting can cost you money, and delay the results.
Thanks to Luisa Zhou
#4- Opportunity to pursue side hustles
Quiet quitting has a significant impact on entrepreneurship because it gives more people the opportunity to pursue side hustles which can turn into full-blown ventures in the future. By gradually withdrawing from a job, individuals can explore new opportunities and pursue their entrepreneurial goals without risking the stability of their current employment. As a result, quiet quitting can create more entrepreneurs, as individuals are given the space and time to focus on their passions and pursue their own businesses.
Thanks to Tom Golubovich, Ninja Transfers!
#5- Creates low morale environment
Quiet quitting can have a negative effect on entrepreneurship because it can create an environment of low morale and poor job satisfaction. Employees who are not fully engaged in their work may be less likely to take risks or come up with innovative ideas that could benefit the company as a whole. Additionally, employees who quietly quit might be more inclined to leave the company and start their own businesses.
Thank you Sage Stone, Ever Wallpaper!
#6- Demotivation spreads across the team
Quiet quitting has become increasingly challenging for entrepreneurs and business owners alike. Although it’s not something that cannot be contained, it’s likely to affect all the team members in one way or another. When one employee sees another who is quit quitting yet getting his salary as per usual with minimum effort, it’s bound to affect the way he perceives his role in the company. He may not cave in immediately but he will feel the urge to hold back more than he usually does.
Thanks to Peter Monkhouse, ICL SA!
#7- Degrades the team's performance
To be honest, according to me, quit quitting has a direct impact on the business culture because, in the journey of successful entrepreneurship, you need the right people that has the passion and mindset to bring revolution. The quit quitters negatively affect team building and degrade the team performance. The quit quitters may not be the right fit for the bigger organization but it will definitely impact small ones. At Tezeract, we built a culture with the mindset that the right people are the core assets for us that will make us leads.
Thanks to Abdul Hannan, Tezeract!
#8- Leads to less output and collaboration
Quitting quietly can have an impact on productivity and work culture. Simply doing the bare minimum can lead to significantly less output and collaboration. When employees reduce their output, their team will frequently try to cover for them, increasing their workload. Quitting quietly has had negative repercussions on my colleagues and key industry contacts. Employees become less likely to take the initiative on projects or go above and beyond if they see others at work who are disinterested and unmotivated.
Thanks to Henry Foster, Skilled Golf!
#9- Can dampen your credibility
Quiet quitting as an employee can dampen your credibility later as an entrepreneur. Past employers and colleagues will remember you for your bare-minimum attitude toward the workplace and may assume that your services as a business owner match that caliber. It could deter your business growth in the initial stages. Many people consider quiet quitting a way of protecting their peace, but it could backfire in the long run if you plan on branching out on your own later. The effort you place in work for someone else reflects the zeal you will likely maintain for your own business in the long run.
Thanks to Stephan Baldwin, Assisted Living!
#10- Affects overall productivity
The feedback culture will be removed from the equation because quiet quitters tend to be passive and don't have the initiative to grow better. We know that running a company that values feedback significantly impacts employee performance and the long-term sustainability of a business. When feedback culture is removed, the quality of outputs will suffer. Quiet quitters also lower the team's overall efficiency. This means that employees who accomplish only the bare minimum reduce overall productivity and increase the likelihood of errors.
Thanks to Dr. Linden Leadbetter, JennyCo!
#11- Can render loss
Employees who practice this trend tend to cut corners to avoid work, negatively impacting the quality of service a business upholds to its clientele. Them doing the bare minimum means they are skimping out on proper workflow process to finish the job swiftly, regardless of the result. This can reflect negatively when the company they’re working for starts to render loss due to their negligence. Regardless of the reason for quiet quitting” in the workplace, employees should still deliver quality work until they decide to part ways with the company. It all comes down to mutual respect.
Thanks to Preston Powell, Webserv!
#12- Can be demotivating
Quiet quitting can demotivate entrepreneurs and can make them lose focus on their work. Entrepreneurship is a means to bring one's dreams to life and if the employees begin quietly quitting it can lead to several problems not just for the employees but for the entire job as well since the work would not be up to the mark and neither can they perform to the best of their abilities. It will bring the overall performance of the company and will lead to further complications and not meeting the deadlines.
Thanks to Brandon Lee, Reptilemaniac!
#13- Leads to lack of trust
Quiet quitting affects entrepreneurs through the work they do to build a team, recruit talent, and the decisions they make related to these areas. Because of quiet quitting, many entrepreneurs have addressed their hiring process and how they find talent to move their company forward. Many people are exploring the world of freelancers and gig workers because of this unfortunate trend and are less inclined to trust employees with as much as they may have previously.
Thanks to Rahul Jha, Legal Entity Identifier!
#14- Rampant disengagement
Quiet quitting triggers a vicious cycle of negative feedback, which can run an organization to the ground. Quiet quitters become disengaged from their work because they are feeling burnt out. This causes a vicious cycle as engaged workers have to work harder to cover for the lack of productivity of disengaged workers, leading to these engaged workers, in turn, becoming disengaged. The disengaged workers become the latest crop of quiet quitters. This can be devastating for any entrepreneurship, especially when it increased client dissatisfaction, and reduced revenues.
Thanks to Shawn Plummer, The Annuity Expert!
#15- Loss of problem-solving approaches
Quiet quitting limits the potential for new ideas and collaboration among team members. When employees only do the bare minimum, they don’t really engage in the creative process or have little motivation to contribute innovative solutions to problems. On top of that, when they are not actively involved in a project, they are less likely to collaborate and bounce ideas off of each other, which can lead to a loss of diverse perspectives and problem-solving approaches.
Thanks to Derek Sall, Life and My Finances!
#16- Helps reassess goals
With entrepreneurship comes a high chance of finding yourself in a position where you can’t see any progress and don’t really know why. Entrepreneurs are often passionate about their ideas, which can blind them to potential obstacles. Quiet quitting might be a beneficial strategic decision for entrepreneurs because it helps reassess goals thanks to acquiring a broader perspective. Without the pressure of public accountability, entrepreneurs can take time to evaluate their goals and priorities and make more informed decisions about the future of the project.
Thanks to Rafal Mlodzki, Passport Today!
#17- Lack of credibility and work structure
Quiet quitting has become the latest business act. Employers are happy to complete their own work and leave on time. The reason why entrepreneurs feel that is an issue of concern is because of the lack of extras. Since no employee is ready to work more than is required, there is a lack of productivity, credibility, and work structure. In the eyes of an entrepreneur, if all employees are doing their own work, how will the company perform extra and achieve success?
Thanks to Cynthia Hamilton, Oglf!
#18- Loss of business opportunities
Quiet quitting, or stepping away from a venture or project without public announcement, can have significant impacts on entrepreneurship. This behavior can damage one's reputation and credibility, leading to a loss of potential future business opportunities. On the other hand, quiet quitting can also be a strategic move, allowing entrepreneurs to pivot and redirect their focus toward new and more promising ventures.
Thanks to Daniel Golson, Best Roof Box Guide!
#19- Hinders company growth
Quiet quitting, also known as work-to-rule, can have a significant impact on entrepreneurship. When employees practice quietly quitting, they stop going above and beyond in their work. This can lead to decreased productivity, decreased morale, and decreased innovation. Entrepreneurs depend on their employees to drive the company forward, and when employees are no longer motivated to do more than the bare minimum, it can hinder the company's growth and success.
Thanks to Eric Sornoso, Mealfan!
#20- Reduces engagement rate
When people are quietly quitting at your workplace, it’s a sign that there’s a reduced engagement rate. It means that individuals aren’t actively taking part in your company culture. Such individuals don’t find their work meaningful and rewarding. An entrepreneur is all about passion and discovering who you are, so when quiet quitters exist, this becomes challenging. Imagine being an entrepreneur and not being able to build meaningful relationships with your own team. That’s just the beginning of existential dread for a business owner.
Thanks to Marcus Arcabascio, CustomerServiceNumber!
#21- Lack of accountability
Quiet quitting, or the tendency to give up on a goal or project without actually admitting it, can negatively impact entrepreneurship by wasting time and resources. It also prevents entrepreneurs from learning from their failures and moving on to more successful ventures. Additionally, quiet quitting can lead to a lack of accountability and a lack of progress toward goals, which can affect both personal and professional growth. To overcome this, entrepreneurs should be honest with themselves about their progress and admit when a project is not working out.
Thanks to Mukesh Sharma, Byaj Book!
#22- Reduces self-reflection opportunities
Entrepreneurship requires an incredible amount of personal resilience and self-motivation; if you're going to be successful as an entrepreneur, you need to be able to answer questions about why you made certain decisions with confidence. Quiet quitting takes away that opportunity for introspection and reflection on your own reasons for making decisions; it also sets up expectations that others will not question us when we make decisions in the future.
Thanks to Georgia McKenzie, Switch on Business!
#23- Leads to detrimental effects
In my experience, quiet quitting can be detrimental to entrepreneurship and business. When someone decides to do only the bare minimum, they are not putting their best effort into the task or project they have been assigned. This could lead to a lack of motivation and enthusiasm that is so essential for any venture to succeed. Furthermore, when an employee quits quietly, it could be a sign of dissatisfaction and could mean that they are not taking the job seriously.
Thanks to Bruce Kramer, Buttercup Venues!
#24- Two effects
Quiet quitting can lower the productivity and engagement of employees, and other team members can sense that. When they feel that one of them is only giving the minimum and aren’t motivated to go the extra mile, it affects them too. Disengagement and low morale can be contagious, and it can increase the margins and reduce the profit of the company.
Thanks to Aidan Kang, House of Debt!
#25- Lack of healthy work relations
Quiet quitting has affected the way we manage our employees. Often quiet quitting is the sign of a manager's inability to build a healthy work relationship in the team, where its members do not count the minutes until the end of the work day. We have deeply analyzed the management style and worked on creating an open dialogue that is accepted in the team and nurturing trust between subordinates and their management.
Thanks to Laura Adams, Happiest Camper!
#26- Lead to high turnover rates
Impact on company culture. Quiet quitting can contribute to a culture of disengagement, where employees are not excited to be part of the organization. This can make it more difficult to attract and retain top talent. A company culture that lacks engagement and motivation can also lead to high turnover rates and make it challenging to build a cohesive and productive team. If you do not spot and timely address quiet quitting, you risk losing your company.
Thanks to Charles Cridland, YourParkingSpace!
#27- Stops entrepreneur's idea progress
Quite quitting abruptly puts the entrepreneur's idea at a standstill. A set of stages for a couple of financial plans are planned in advance by visionary business owners in order to achieve a predetermined target. However, quitting causes a standstill that renders all plans ineffective because it stops employees from giving their all for the expansion of the business. Both the business acumen and the motivation of entrepreneurs are harmed by the workforce's minimal effort and decreased production. When there is no internal drive for greatness, the company stagnates.
Thanks to Anton Radchenko, Airadvisor!
#28- Develops uncertainty and confusion
Quiet quitting can negatively impact entrepreneurship by creating uncertainty and confusion in business operations and reputation. This affects employees, business partners, and customers who are part of the business and depend on it in one way or another. Finding future investors and collaborators also becomes challenging as most will view the entrepreneur as untrustworthy and unreliable. But it is avoidable if the entrepreneur stays open and portrays transparency about their intentions to leave the job.
Thanks to Andrew Tomson, Sofilmar!
#29- Lead to the negative work environment
When employees adopt this approach, it can lead to a decline in productivity and a decrease in overall performance. This can be especially damaging for small businesses, as every member of the team plays a crucial role in the success of the company. Furthermore, quiet quitting can also lead to a negative work environment, where employees are not engaged, motivated, or willing to go the extra mile. In contrast, positive and motivated work.
Thanks to Evan Tzivanakis, ExecutiveCoachAsia!
#30- Prevents reaching true potential
Starting a business isn't easy and making your idea comes to life requires determination, motivation, and a lot of hard work in order to be able to succeed. Quiet quitting will not help an entrepreneur reach where they need to be and prevent them from reaching their goals, missing opportunities, and letting obstacles stand in the way. This in turn can heavily impact one's success and is not a characteristic that helps entrepreneurs reach their true potential.
Thanks to Jenna Nye, On The Strip!