Running a business is not easy at all. There are many ups and downs. If a business owner becomes too comfortable with a certain lifestyle when the business is doing well, it becomes very difficult to maintain that lifestyle when the business goes down. Due to this change in lifestyle, the owner may become distressed, demotivated, and may even plan to quit.
When things are going well, the owner may get attached to fancy things, start enjoying a lavish lifestyle, and focus mostly on leisure activities and vacations. In the process, the vision of the organization gets neglected and the business may slowly move towards destruction. Therefore, as a business owner, one should be prepared for the best of the best and the worst of the worst situations without losing mental balance and sanity.
When you are mature enough to handle extreme ups and downs of business with a smile on your face, strength in your hands, and warmth in your heart, you can achieve success faster. This is because you understand that these phases are momentary, like seasons that come and go, and are a natural part of any business.
But if you allow the entire organization and everyone in it to swing with your highs and lows, it kills the motivation of people. They become confused and are unable to align with one another. As a result, the rhythm of the organization gets disturbed, making growth difficult. Every low phase then forces you to start from scratch, creating a repetitive cycle that does not allow the organization to scale, grow, and win.
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