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Entrepreneurship = Obsession?

Posted by: Amy S. Choi on November 03

Here at SmallBiz, we spend a lot of time thinking about what drives an entrepreneur. The issue was at the heart of our special report earlier this year on social entrepreneurship, and our feature story on how entrepreneurs beat burnout and stay passionate about their business. We’ve asked several of our guest columnists to examine the subject, including Steven Berglas and Vivek Wadhwa.

In fact, you could say we’re obsessed.

I don’t think that’s a bad thing. After spending an evening listening to Robin Chase, co-founder of Zipcar and current CEO of GoLoco, dissect one of Carl Jung’s paintings at the Rubin Museum of Art last week, I’m convinced that obsession is the core of the entrepreneurial spirit. The Rubin has invited numerous artists, intellectuals, and executives to sit on stage with a Jungian analyst and respond to a painting from Jung’s legendary Red Book diary, which famously chronicles the psychologist’s descent into madness. Chase could have gone anywhere with the painting, which featured a deity-like man floating above an urban waterfront scene. Instead, she spent an hour discussing the potential tragedy of climate change if people don’t deal with excess capacity (share your cars!) and sprawl (infrastructure first!).

This sort of single-mindedness, even when presented with madness, is what has helped propel Chase to success. I’d venture that other entrepreneurs who dive into their business ventures wholeheartedly have the same. After all, what is it to sacrifice everything for an idea, if not madness?

Reader Comments

Shahroll Photo

November 3, 2009 10:45 PM

GOOD article! that guide me to be good NEW comer in business..

Lou Hoffman

November 4, 2009 10:58 PM

Amy,

I have a slightly different take on this topic.

Years ago we debated whether to expand overseas. All the data pointed to a great business opportunity that would differentiate our services against larger competitors.

Still, it was a daunting decision (cost + learning curve) and one we waffled on for a good two years.

In discussing the pluses and minuses for the upteenth time with a colleague, he asked me how I personally felt about building an operation that extended to Asia and Europe.

His point was that successful entrepreneurs are a bit selfish in the sense that they follow their passions and what they enjoy. It's this energy that allows them to overcome hurdles that they have no right overcoming.

Once the decision centered around what I believed in and would enjoy versus a spreadsheet showing profitability, it was easy to move forward.

I'm sure this tale has the MBA crowd cringing but we now have more employees overseas than in the U.S. and I still love my job largely because of the global dimension.

Is passion the same as obsession?

While both traits share a "ssion" I perceive passion as encapsulating more of one's personal feeling (enjoyment).

Lou Hoffman
www.Hoffman.com
@LouHoffman

David Calabrese

November 5, 2009 04:07 PM

Obsession often leads to irrational decisions. While the root of an entrepreneur's success it is also the cause of their downfall.
Holding too tight to a vision or the feeling that they have put so much time and energy in that something HAS to come from their endeavor... these are things that entrepreneurs do every day. Habits that lead to more debt and stress.

Learn to let go, don't get so attached that you get clouded by emotion...

Roger Kahn

November 5, 2009 09:53 PM

I have to agree with your post and also your comment Lou, I think entrepreneurship is a "passion" that borders on "obsession". Why not be passionate and obsessed with the idea of being in charge of your own success?!

I work with entrepreneurs every day in my line of work, in the virtual office business. My company, Virtual Office of Garden City, offers small businesses and entrepreneurs a range of cost-efficient virtual office and live remote receptionist services on an as-needed basis.

Based on my own personal interactions and observations with our clients and also the fact that I consider myself an entrepreneur too, the obsession you speak about is, at the heart of it, a passion – a strong desire for success and willingness to do almost anything to achieve it.

This passion and obsession is what makes entrepreneurs so wonderfully unique and what makes my business so rewarding.

Rebecca Tann

November 6, 2009 06:20 PM

As an employee of Regus, I can honestly say that my organization is also obsessed with entrepreneurship and supporting small business owners. In this economy, we want nothing more than to help these businesses and individuals survive and thrive. In fact, Regus is offering business people in Manhattan 2 months of free office space. To learn more and take advantage of this offer call 1-877-REGUS-01. (Rebecca Tann, Vice President of Marketing for Regus, for more information visit www.regus.com/nyc)

Entrepreneur

November 13, 2009 03:45 AM

I am an entreprenuer and have often felt that I was alone in being obessesed about my business. I eat, sleep and even dream about my business to the verge of near insanity. To me obession is a by-product of being passionate. Entrepreneurship is all about proving to myself that I can accomplish even more than I ever imagined. It is about feeling that I have stretched beyond my own limits - in a way proving that your most closely held beliefs about yourself were wrong. The success is a high beyond imagination - a feeling of invincibility

Jenn Kirk

November 20, 2009 06:07 PM

I love the comments here! Whether obsession or passion, entrepreneurs have an "it" factor that is not easily understood by those without the entrepreneurial spirit.

Jenn Kirk
Founding Partner
www.GoMatador.com
@gomatador

The "CareerBuilder" for aspiring entrepreneurs!

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What's it like to run your own company today? Entrepreneurs face multiple hurdles new and old, from raising capital and managing employees to keeping up with technology and competing in a global marketplace. The writers and editors from the Small Business team, Amy Barrett, Amy S. Choi, Nick Leiber, Stacy Perman, Jeremy Quittner, John Tozzi, and Kimberly Weisul, discuss the news, trends, and ideas that matter to small business owners.

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