The desire to succeed as an entrepreneur can sometimes override ethics and work-life balance, leading to deception and unethical behavior towards investors and partners. The speaker shares their own experience with this struggle and reflects on the importance of maintaining integrity in business.
In this podcast episode, the speaker discusses how running a legitimate business can benefit entrepreneurs by allowing them to make more money and have a sense of accomplishment that comes with proving themselves to investors and friends.
In this episode, the guest and host discuss the importance of investing in founders who have a clear and long-term vision for their company, as opposed to those who are just looking to make a quick profit. They also touch on the danger of believing false "old wives tales" in the business world.
The speaker emphasizes the importance of building trust in business relationships by being honest and having integrity. He acknowledges his own flaws and mistakes and encourages others to take pride in different areas of their lives.
Joining entrepreneurial organizations like EO can help young entrepreneurs connect with others who share similar insecurities and worries in a safe environment, leading to authentic conversations and a sense of belonging.
The most successful leaders are those who can be vulnerable and admit their mistakes. It's important to be honest with yourself and those around you, and not feel the need to be overconfident or always batting a thousand.