Every entrepreneur needs to have the love of money in order to succeed. The fact is clear that no amount of money is sufficient to fulfill all our worldly desires. No matter how poor or rich you are you want more, that’s the driving force behind every successful entrepreneur, because success is counted in terms of the money made.
This is obviously not a discussion involving those who are running a non-profit enterprise. There is something rather strange about this money-loving, not everyone is cut out for it, it’s one thing to start a business for the money, and a whole another deal when starting it for the love of money. In some cases, the need for the money overtime turns into love. This is one of the key elements of what makes an entrepreneur separate from a businessman. They want to earn more, make him take risks, innovate, and explore more opportunities.
Now, the question here is how good or bad can this money love that’s border line greed truly be? With everything in life there has to be an aim, and the aim for every business small or big is the profit. An entrepreneur makes sure that the profit margin is always on the increasing side, they develop their lifestyles accordingly and once you’re used to the five star treatments, nothing can be satisfying. Also, this fear of loss can lead to more hard work and more creativity to achieve the end goal of minting insane amount of money. Some may find such personalities rather off, and repelling because of the air of high mighty power that surrounds them at all times, with success comes a lot of other adjustments. Money can change the people around you, they may not be able to handle the success factor, and start to feel inferior, or may not be affected by the money and be the same old. Either way things change, for the positive of negative is up to how the entrepreneur wants to handle it.
There are many creative people who just end up with a non-profit system, they lack the love money, the green is not their driving force, and it may be other things like, passion or lack of necessity. People like these do have issues sustaining a business long term, their commitment is lacking, and mostly it’s not because of the love for money but rather the lack of interest in the venture itself. The entrepreneur may not realize that he is not actually in love with his product or service. Because if you are, then you would make sure it’s a success and gets all it’s worth back. Even though the money may still not be the motive, it will start flowing in considerably if the passion is born. In the end, you can’t sell what you don’t believe in, and definitely can’t make a profit out of what is not loved by the owner himself.
All the greatest entrepreneurs will tell you their goal is money and a lot of it, it may at first seem like greed to those who’re living paycheck to paycheck or inspire to have a safety net of finance. But it’s the lifestyle that they actually get used to and want to maintain and improve. Money is the medium that gets it to them.