For over 80 years, C. Montgomery Burns ruled as king of the titans of industry in the fictional world of The Simpsons.
Although he’s best known for being the chairman and CEO of Springfield’s Nuclear Power Plant, he’s also been an oil tycoon, a casino owner (and once, he even blocked out the sun to make citizens pay more for electricity). What’s his best advice for other would-be industrialists?
“I’ll keep it short and sweet,” says Burns. “Family. Religion. Friendship. These are the three demons you must slay if you wish to succeed in business. When opportunity knocks, you don’t want to be driving to a maternity hospital or sitting in some phony-baloney church. Or synagogue.”
The 2 Kinds of Entrepreneurs
Hi. My name’s Anthony, and I’m a entrepreneur, like a lot of you StuffGradsLike readers.
I’ve had the opportunity to be involved in some prestigious entrepreneurship groups in the past few years. I’ve been around some of the sharpest, most innovative, and most well-connected 20-somethings my city has to offer. From all these meetings, I’ve noticed 2 general types of entrepreneurs at these meetings and in these clubs.
Both types are incredibly smart, motivated, and passionate about their work. Both are personable, promising, and full of potential. Both (usually) know how to dress well. But the main difference?
One type gets their motivation from resenting the past issues. The other gets their motivation from resolving them.
The 2nd Type
I can’t say I’m going to be asked to be featured in Forbes or Businessweek (although I’d be totally down), but I do know a thing or two about recovering from the past.
In my journey through counseling, therapy, and lots of emotional recovery, I’ve had the opportunity to confront just about every demon and emotional issue I’ve experienced growing up. Father issues, bullying, addiction, self-worth…lots of fun stuff. Since then, I’ve realized just how sharply those issues can affect my goals and dreams in business and entrepreneurship.
At first, I was doing it to accomplish goals. Get results. Get stuff done. Get numbers. That’s all that mattered. These other guys in the group were paying $50,000 just for legal documents for their company. Heck, I hadn’t even made $5.
I had to be better. I had to be the best. No wonder most of the guys didn’t respect me or my business, especially when they’re telling stories about smuggling sunglasses into China or throwing extravagant Comic Con launch parties downtown.
Later, after a period of intense counseling and recovery, I started seeing business innovation and people differently. I started seeing myself differently. I started realizing that I shouldn’t be exhausting myself with entrepreneurship just to get a head start on bragging at my first high school reunion.
So I left those groups. A lot of entrepreneurs weren’t the 2nd type like me, and we just couldn’t relate.
Would You Sell Your Soul For $1MM? $5MM? $50MM?
Yes, channeling all your energy can turn you into a millionaire, but it might just cost your family, friends, and relationship with God. Why not settle for a little less money and keep the friends and family?
What good will it be to gain the whole world, yet forfeit your soul?
What are the best qualities in successful entrepreneurs to you? Tell us in the comments below.