When you think about running your business, what’s your top priority? Power or profit? I know what you’re probably thinking—”Both!” It’s the obvious answer that most business owners would give if they’re being honest. Sure, everyone wants profit, but let’s not forget the thrill of feeling important, being the owner or the CEO. We like to think it’s our brilliance that’s created jobs and our generosity that keeps employees and their families thriving.
But here’s the thing: Business or Cult?
Sounds like a noble statement, right? But this mindset can get dangerous. The power trip can turn us entrepreneurs into, well, monsters—especially when we start believing the flattery we often get from our teams. Think back to all those dictators who got lost in their own hype and personality cults. Extreme example? Sure. But there’s truth in the comparison.
It feels good being surrounded by people who seem to adore us. In fact, I’ve seen several business owners struggle after selling their companies and losing their entourage of…