There are many reasons for an entrepreneur to create new enterprises or retool an older business for today’s competitive environment. Sometimes, it becomes a balancing act between family and your startup.
The Balancing Act Between Family and Startup
The list for why entrepreneurs feel compelled to create new enterprises is a long and interesting one. Here are two of the major reasons, as demonstrated in the history of business in the last one hundred years:Money
Who doesn’t like money? Who doesn’t want more of it? Who is there among us who couldn’t help more of our fellow planet dwellers with more money on hand? Even billionaires enjoy the feeling of adding a few more measly millions to their bank accounts.For many, money translates into power. Power to be independent. Power to order others around, or the power of choice to do or not to do. Of course, the power to purchase unlimited quantities of everything from toilet paper to Rolex watches. But maybe even more—the power to do better for the humans and the environment around us?
