Passion can be an entrepreneur's downfall, warns business coach

Business guru Dawn Klatzko says it is important for entrepreneurs to focus their passions, but also avoid pursuing their career objectives blindly.

Klatzko is an executive and business coach, motivational speaker, entrepreneur and author of The Art of the Suit.

According to Klatzko, most entrepreneurs and business leaders list ‘absolute passion’ amongst the top three drivers for believing their business will succeed.

She believes that this fundamental tenet of business success needs to be challenged and that entrepreneurs need to ask whether passion is always a driver of business success.

She says that the term passion is often used loosely in business jargon, without interrogating what it truly means.

Klatzko advises that passion is closely linked to sacrifice in its etymology.

According to Klatzko, it is important for passionate entrepreneurs to find balance in their business journey.

Klatzko spoke about the perks and the pitfalls of being passionate in business.

She explains that a passionate entrepreneur is able to:

  • overcome obstacles
  • become obsessively driven
  • become resilient
  • overcome negative criticism

If you'r not passionate or if you can't draw on a passionate resource, you're less likely to be a survivor or successful.

Dawn Klatzko, business coach and motivational speaker

At the same time, a passionate entrepreneurs can cripple themselves by:

  • not seeing potential pitfalls
  • refusing to listen to criticism
  • hanging on to a failed business plan

There is a role for passion, but only at the right time should you apply it.

Dawn Klatzko, business coach and motivational speaker

Listeners called in to share their stories and experiences on how passion influenced their business journey.

Take a listen:

Visit Dawn Klatzko's website to learn more and receive free resources and information.

You can also download her book, The Art of the Suit, for free here (Coupon code: sfree) - only valid until March 10.

702 welcomes all comments that are constructive, contribute to discussions in a meaningful manner and take stories forward.

However, we will NOT condone the following:

  • Racism (including offensive comments based on ethnicity and nationality)
  • Sexism
  • Homophobia
  • Religious intolerance
  • Cyber bullying
  • Hate speech
  • Derogatory language
  • Comments inciting violence.

We ask that your comments remain relevant to the articles they appear on and do not include general banter or conversation as this dilutes the effectiveness of the comments section.

We strive to make the 702 community a safe and welcoming space for all.

702 reserves the right to: 1) remove any comments that do not follow the above guidelines; and, 2) ban users who repeatedly infringe the rules.

Should you find any comments upsetting or offensive you can also flag them and we will assess it against our guidelines.

702 is constantly reviewing its comments policy in order to create an environment conducive to constructive conversations.

Read More
Nkukhu-Box container stores bring flavour to eKasi with finest grilled chicken

Nkukhu-Box container stores bring flavour to eKasi with finest grilled chicken

The story of how Nkukhu-Box founder and CEO Itumeleng Mpatlanyana was inspired to create a proudly Mzansi fast-food franchise.

How Hairtural studio nurtures natural crowns with love and tenderness

How Hairtural studio nurtures natural crowns with love and tenderness

Hairtural™ Studio is a popular combfree and heatfree salon in Jozi. Founder Botlhale Tshetlo shares her entrepreneurial journey.

Advertising specialist, Tebogo Motshwene, tapping into the black consumer market

Advertising specialist, Tebogo Motshwene, tapping into the black consumer market

Soweto-born advertising specialist challenges false assumptions made by marketing companies about black (and township) consumers.

Millennial trends maven Siya Beyile on building style empire, The Threaded Man

Millennial trends maven Siya Beyile on building style empire, The Threaded Man

Siyabonga Beyile (23) opens up about the birth of his online platform 'The Threaded Man' and how his network is going global.

How a family butchery became the first Pick n Pay in Diepkloof

How a family butchery became the first Pick n Pay in Diepkloof

The Monageng family started with their mom–and–pop corner butchery in 1972 and now have partnership with Pick n Pay in Soweto.

How to set up your small business for success this year

How to set up your small business for success this year

Are you an entrepreneur who ended last year in a state of despair? Here's how pick to yourself up and make your small biz fly.

How ambition can drive others to change their destiny

How ambition can drive others to change their destiny

What are your dreams? How hungry are you to achieve them? Here are some insights on the value of ambition in society.

Popular articles
Struggles interracial couples still face

Struggles interracial couples still face

The Open Line took an unexpected turn when a caller in an interracial relationship shared how her father rejected her partner.

10 sexting tips on how to keep things spicy (and safe)

10 sexting tips on how to keep things spicy (and safe)

Interested in sexting but worried about the risks? Dr Eve has created a guideline to help you 'sext' in a fun and responsible way.

It's not the end of the road... Top tips to improve your matric

It's not the end of the road... Top tips to improve your matric

"Recognise that it’s not the end, it’s the beginning." Expert advise for school-leavers who want to improve their results.

Gospel singer Sipho Makhabane explains how Sfiso Ncwane died

Gospel singer Sipho Makhabane explains how Sfiso Ncwane died

Makhabane says Ncwane was feeling weak yesterday and his wife phoned paramedics to check on him.

Who is Advocate Tembeka Ngcukaitobi?

Who is Advocate Tembeka Ngcukaitobi?

The EFF lawyer stole the show during the state capture report court battle.

Meet the founder of Capitec Bank, named ‘Best Bank on Earth and Cheapest in SA’

Meet the founder of Capitec Bank, named ‘Best Bank on Earth and Cheapest in SA’

Michiel le Roux speaks about the fascinating story behind the little bank that has the Big 4 shaking in their boots.

3 easy questions could bag you R2000!

3 easy questions could bag you R2000!

WIN R2000! But only if you can prove you're a whiz of the MTN Biz Quiz by answering the following three questions...

Blesserfinder: Matching you with a sugar daddy near you

Blesserfinder: Matching you with a sugar daddy near you

Is social trend Blesserfinder, where girls are allegedly matching up with rich 'benefactors' in exchange for sex, a real thing?