1. The Psychological Price That Entrepreneurs Pay for Success Anne Bachrach 10:42

It can be challenging to imagine that entrepreneurship comes with a psychological price considering how much the media glamorizes it. Most people only see the lavish and exciting lifestyles of high-profile entrepreneurs. That is why it is important to pay attention to the psychological price that entrepreneurs pay and work to avoid it.

But this makes up a small percentage of the overall business owner population. Most entrepreneurs don't own private jets, and they don't party with well-known celebrities or live extravagantly. However, this doesn't mean that their life is all set out for them either. Just like other leaders, they also pay the psychological price of achieving their dreams and maintaining their success.

Bradley Smith is the prime example of unequivocal business success behind which hid the fear of failure, stress-ridden anxiety, and the constant feeling of not being enough. Smith is the CEO of Rescue One Financial, a California-based financial service company that, on average, makes $32 million/year in sales.

In 2008, Bradley Smith was working day and night, counseling nervous clients on getting out of debt. But while he gave them advice, Smith was drowning in debt himself.

Smith had a steep beginning; working with a debt settlement company, maxing out his credit card, selling his very first and most expensive watch, and doing business with family by asking his dad for a $10,000 loan. 

Smith and his wife were living off of scraps, making the best of what they had, and sharing only a bottle of wine for dinner. He would wake up in the middle of the night with his mind racing, wondering, 'how can I ever turn this thing off?' 

 

Want more proven business success tips and resources?  Of course you do… Subscribe to my blog by going to www.acountabilitycoach.com/blog

I’m the author of many books, including, Excuses Don’t Count; Results Rule, Live Life with No Regrets, No Excuses, The Guide to Stopping Procrastination, The Power of Visualization, My Gratitude Journal, the Work Life Balance Emergency Kit, and The Roadmap To Success with Stephen Covey and Ken Blanchard, and more.  

Support the show

If you would like help sticking to your goals, so you can make more money and work less, and ultimately enjoy having your ideal business and ideal life, reach out to me today to schedule your complimentary consultation.

Want more business success tips and resources? Subscribe to my blog by going to www.acountabilitycoach.com/blog.

As an experienced accountability coach and author of 5 books, I help business professionals make more money, work less, and enjoy even better work life balance.

Check out my proven business accelerator resources by going to https://www.accountabilitycoach.com/coaching-store/.

Anne Bachrach Work Life Balance Podcaster and Author

Anne Bachrach is a renowned expert in accountability and has helped business owners for over 25 years to achieve their ideal business and life. She believes that personal accountability is the key to success, and having someone to answer to regularly about progress is a powerful motivator. Anne has authored many books, including "Excuses Don't Count; Results Rule!", "Live Life with No Regrets; How the Choices We Make Impact Our Lives", and "The Work Life Balance Emergency Kit, No Excuses!". She has also co-authored the book "Roadmap to Success" with Stephen Covey and Ken Blanchard.

Anne has been podcasting since 2008, sharing her business success principles and resources on The Accountability Coach Podcast. She also started The Accountability Minute in 2018, which is a daily, single, simple, and doable idea to help individuals stay accountable and achieve their goals. With her fresh approach to business and emphasis on personal accountability, Anne Bachrach is a valuable resource for any business professional looking to accelerate their results and achieve their highest potential.