While the thought of launching a business sounds too risky and too stressful to some people, serial entrepreneurs love the excitement of getting a business off the ground. And a study published in the Journal of Business Venturing reports serial entrepreneurs may be addicted to their business ventures. Addiction is characterized by compulsive engagement in rewarding stimuli, despite the adverse consequences.
The occasional payout from the machine provides enough positive reinforcement for him to keep going. Similarly, an entrepreneur may keep launching new business ventures, despite the negative consequences. Working long hours could lead to social consequences, like a troubled marriage. And launching new businesses could have financial consequences. Yet the rush of excitement and financial rewards may make it difficult for an entrepreneur to stop. Most of what's posted on the Internet about being a successful entrepreneur encourages readers to "hustle all the time" and "work while everyone else plays.
If you're not careful, your entrepreneurial passion and drive could actually become an addiction. These symptoms include obsessive thoughts and withdrawal-engagement cycles, and suffering negative emotional outcomes, such as guilt, high levels of strain and negative physical health. The costs of these behavioral addictions are borne by families, communities and economies in the form of social services, health care and public benefits programs.
The authors caution that although they have some preliminary evidence of such a behavioral addiction, more research is needed to further understand how this phenomenon may apply to all entrepreneurs.
The Aspects of Entrepreneurial Life That Make the Lifestyle so Addictive
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