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The Ugly Sides Of An Entrepreneur (beware!!!) - Business - Nairaland

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The Ugly Sides Of An Entrepreneur (beware!!!) by DPlanter: 6:40am On Sep 05, 2018
In our previous article, we devoted a great deal of our energy trying to give the term ‘entrepreneur’ a suitable meaning. However, as the saying goes, ‘’whatever that has an advantage also has a disadvantage’’, there is also an ugly side of an entrepreneur.

This aspect of the entrepreneurial profile has a destructive source that exists within the energetic drive of successful entrepreneurs. Some of these ugly side include

Stress

In order to achieve their goals, entrepreneurs are willing to tolerate stress. This stress can come from loneliness, immersion in business and so on.

External optimism

Entrepreneurs maintain a high level of enthusiasm that gives off an external optimism that allows others to believe in them during rough periods. However, when taken to its extreme, this optimistic attitude can lead to a fantasy approach to the business.

A self-deceptive state may arise in which the entrepreneur ignores trends, facts and reports and deludes themselves into thinking everything will turn out fine.

The need for control

Entrepreneurs are driven by a strong desire to control both their venture and their destiny. This internal locus of control spills over into a preoccupation with controlling everything. An obsession for autonomy and control may cause entrepreneurs to work in structured situations only when they have created the structure on their terms.

Sense of distrust

Entrepreneurs try to anticipate and act on developments that others will recognize too late. This distrustful state can result in their focusing on trivial things, causing them to lose sight of reality, distorting reasoning and logic and take destructive actions.

Desire for success

The entrepreneur’s ego is involved in the desire for success. thus, the entrepreneur rises up as a defiant person who creatively acts to succeed and take pride in demonstrating that success. therein lies the seed of possible destructiveness.

SOURCE: https://www.centapreneur.com/the-ugly-side-of-an-entrepreneur/

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