Why do some Entrepreneur’s fail to be happy?

Why do some Entrepreneur’s fail to be happy?

Let’s look at what an Entrepreneur is and what he/she is not. According to Wikipedia, ” Entrepreneurship is the process of designing, launching and running a new business, which is often initially a small business. The people who create these businesses are called entrepreneurs”.

Entrepreneurship can also be described as the “capacity and willingness to develop, organize and manage a business venture along with any of its risks in order to make a profit”. While other definitions of entrepreneurship typically focus on the launching and running of businesses, due to the high risks involved in launching a start-up, a significant proportion of start-up businesses have to close due to “lack of experience, lack of ability, lack of funding, bad business decisions, an economic crisis, lack of market demand—or a combination of all of these.

In summary, this would suggest that entrepreneur’s are adrenalin junkies with the with the ultimate hit being Profit. But I am not sure if that is 100% correct.

Many people don’t know why they start their own business. Some find themselves unemployed and an opportunity presents itself.

Others  have a drive and vision from an early age. Some follow in the family business. While others are in it for the money and others for the status and social positioning, and others still, have no idea how or why they started.

There are five ingredients needed for success as a business person or an entrepreneur.

  • Finance.
  • Humility.
  • People.
  • The Love of what you do.
  • Honour and integrity of how you do what you do.

Making money is important. But if making money is all that is important, then the journey will be unrewarding, unsatisfying, unhappy, stressful and will end up in misery.

Rich maybe! But miserable.

I have met many wealthy clients, very few happy, most were living a life of depression and misery. They surrounded themselves with the fabulous luxuries in life to camouflage their sadness and miserable existence. Some found solus in alcohol while others found cocaine and other substance abuse’s a coping mechanism. But to no end!

When people run their business with money as their number one goal and forget about the people around them, the people who built the business with them, their own families, the customers who were loyal and supported the business, and all those people’s needs and their importance to that business.

Or when they don’t  love what they do, or they forget that honour and integrity thumps money every time in the arena of self-happiness, then they have fallen into the paradigm of Greed and in that Greed brings absolute misery.

If your business is striving, you have lots of money and success fills the air. But you are still sad, depressed, miserable or unsatisfied with life.

Consider what it is that you have missed in the four ingredients of successful business.

It takes all the ingredients to make a perfect cake.

Facebook Twitter Linkedin Email

“If I have no Honour or Integrity, then I have nothing”

David Ellis