The successful-entrepreneur-as-difficult-person stereotype is so entrenched that many people assume these difficult traits are what cause entrepreneurial success. In fact, it’s far more likely that exceptionally talented people like Musk, Hughes, Jobs, Getty, and Armstrong succeed despite these traits. In particular, four psychological factors pose a risk to derailing entrepreneurs once they finally achieve the long-awaited success: Overconfidence, Narcissism, Isolation, and Reduced Self-Control. The authors offer 3 specific things leaders can do to manage having their worst parts come out. Read more...
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