How Entrepreneurs Can Cope With Success

Last Updated Oct 16, 2008 6:43 PM EDT

It's a problem every entrepreneur might love to have: How do you deal with the perils of success?

Harvard Business School professor Noam Wasserman asks the question on his Founders Frustrations blog.

According to Wasserman, here are some downsides to success:

Motivation evaporates.

More pressure to succeed BIG. Ensuing successes must be bigger than the previous ones.

Pressure to prove you didn't get lucky the first time -- a one-hit wonder.

Cynicism from new team members. Jim has already made his millions, so what does he care about us?

Has success got you down? Do you feel you are in competition with yourself?
  • Sean Silverthorne

    Sean Silverthorne is the editor of HBS Working Knowledge, which provides a first look at the research and ideas of Harvard Business School faculty. Working Knowledge, which won a Webby award in 2007, currently records 4 million unique visitors a year. He has been with HBS since 2001.

    Silverthorne has 28 years experience in print and online journalism. Before arriving at HBS, he was a senior editor at CNET and executive editor of ZDNET News. While at At Ziff-Davis, Silverthorne also worked on the daily technology TV show The Site, and was a senior editor at PC Week Inside, which chronicled the business of the technology industry. He has held several reporting and editing roles on a variety of newspapers, and was Investor Business Daily's first journalist based in Silicon Valley.