Strong, driven, successful, untrusting, perfectionist, reliable, intolerant, a loner . . . These are some of the traits that belong to the authoritarian entrepreneur type and often times they are incredibly successful in business. While many of these traits are positive and lead to success, there is one major flaw of the authoritarian entrepreneur. An authoritarian entrepreneur believes that he or she is doing a good job for family and employees, regardless of their protests. He can only see his point of view and assumes that others agree with it or otherwise are too immature to understand. Because he believes he is doing what is best for everyone, he pushes ahead with his plans, often ignoring the challenges, complaints and cries of those he is pushing aside. Once his family or employees fight back, he feels betrayed and hurt.
The authoritarian entrepreneur has no awareness that he has any problems, which makes it exceedingly difficult to get help. He is an example of a good quality gone awry. That is, he travels on the notion that "the end justifies the means." This end-justifies-the-means drive comes from an insecurity deep inside the authoritarian entrepreneur. The source of this insecurity depends upon the individual. It may come from a childhood experience of being abused or threatened by a critical, distant, or aloof parent, whom the entrepreneur could never please. It may come from the lessons of a traumatic experience, such as war combat, wherein the entrepreneur learned to stay alive by doing whatever it took. It may come from an actual organic disability, such as dyslexia, making schooling difficult, and the entrepreneur all the more determined to prove he is smart or smarter-than. Whatever, the reason, the authoritarian entrepreneur has a fear of failure, tucked away deep inside that drives him to succeed at whatever the cost.
If you are an authoritarian entrepreneur, use stubbornness or personal strength to attack the problem and solve it. You have intelligence and drive. You have already proven that you can succeed. Now admit your flaws and rebalance your life. Grieve your losses. Learn to love. Break the pattern of insecurity in your family that began with an abusive parent, or a thoughtless teacher, or a war that shaped a vulnerable teenager. By keeping those fears buried, you are perpetuating the insecurity into the next generation. As much as that negative energy (i.e., fear, anger and depression) has served you to create wealth, it has also alienated your family. Is this really the legacy you wish to pass onto your children? Seek help. It will be worth your while.
For more information, read my article - Living With an Authoritarian Entrepreneur.


Are you a perfectionist? A perfectionist is a person obsessed with being perfect and anything less is a failure. They expect perfection from themselves and of others. This type of behavior is not only harmful for yourself, but it also harms those around you. Perfectionists usually suffer from depression, guilt, low self-esteem, and a lack of motivation to try new things.
Goals are what separate the doers from the dreamers. When you set out to be a successful entrepreneur, goals are a must. A word of caution . . . even though you come up with the most brilliant goal, it won't do you any good useless you actually do it! Action is required.
Finding balance between work-life and home-life is an ongoing battle. What can cause a lack of balance? It may be different depending on the person, but it seems that with the economic downturn, many are concerned about job security. This added pressure causes many to work overtime to prove to their employer that they are worth keeping on. Long work hours means added stress, lack of balance, and no time for the things in life that can bring true joy and
Good mental health is a requirement for a family business to run successfully. Mental health refers to a healthy balance between your conscious and unconscious mind. It requires the same attention and commitment as does your daily physical work out. If you miss a day at the gym, you can be set back for weeks. If you are inattentive of your psychological and emotional health, you can be set back for life. We hear the expression, "If it ain't broke, don't fix it." Unfortunately many people take this attitude with their mental health. Only in times of crisis do they seek professional consultation. Similarly to waiting until after you have a heart attack to start eating and exercising properly, you may wait too long to attend to your psychological health until the dysfunction causes permanent damage.
Living with ADHD has been compared to living in a kaleidoscope, where thoughts, sounds, and images are constantly shifting in the brain. You may bore easily yet you struggle to keep your attention focused on anything for a long period of time. Distraction becomes a constant companion. Yet in the midst of all the brain chaos, pure brilliance and creativity usher forth and can make a person with ADHD a true success story.
The challenges that face wealthy families are many. To prepare children for leadership in the family business – and in life – requires quality parenting from the start. Your child is not a miniature adult. He or she does not have the cognitive development, or the life experiences yet to handle the complexities that comprise the world of most wealthy adults. If you want your child to grow up to be successful in life, then your focus from day one should be on building his or her self-esteem.
The idea of being addicted to stress may sound ridiculous, but it's true. Many Americans, specifically women, are in fact addicted to stress.
Making good business decisions is not based on high IQ. Rather it is based on how perceptive you are with your emotions. Those of us who feel our feelings, interpret them correctly, and then act upon that information, have an advantage over those of us who rely solely on intellect to make decisions. If you’re a business owner you probably need to make tough decisions every day. But really anyone can benefit from this information.
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