Thursday, August 12, 2010

Ego ? good for Entrepreneurs or Org owners?

To run own business or Entrepreneurs need a very healthy ego to succeed. Many might be self-effacing and humble, but there still has to be a deep-seeded, positive sense of self and ego. My friend call it drive for getting things done. That’s part of it. Courage and belief in one’s own abilities are also very important. Natural leadership qualities and a desire to lead are driven by ego that's why I feel ego is a necessity for sustaining business. So ego is important. Without a healthy ego entrepreneurs don’t have the necessary internal reserves to survive the daily rigors of startup org.
But I’m generally not attracted to huge egos without the parallel humbleness that should come with it and the recognition that any real success involves multiple factors. It’s very rare that one person can take all the credit (or all the blame!) When a successful person openly recognizes that other factors impacted their success, luck, for example. I know that person has a healthy ego, the kind of ego that helped drive that person to succeed without putting them over the edge. Those are the types of people I know can succeed well. People who believe they’ll be successful no matter what, but don’t have to flaunt that on a regular basis. And when they are successful, they recognize it wasn’t exclusively of their own doing. And when they’re not successful, they accept that and move on. This is also a must factor for keeping business / startup going.
Now look at other side, often, egos get in the way of success. It gets ugly. It gets personal. That’s when ego is at its worse; “he said, she said” or “Manager” & “me” that can’t work together, egos at that level need to be put aside for the greater good. So this is a humbleness differs from an egoist person to make him a businessman / businesswoman. What do you say ? Am I going right ?

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