Business By Hormozi #99: Entrepreneurship vs Friendships

The Hardest Decision an Entrepreneur Faces

When Ellie started her business, she had a group of close friends who always supported her. They would meet up for drinks, share laughs, and talk about life. But as her business began to grow, so did the demands on her time.

She found herself working late nights, taking calls on weekends, and missing out on the spontaneous hangouts she used to enjoy. Slowly, the balance between her goals and her friendships began to tip.

Then, one day, her mentor dropped a hard truth on her:

“Every entrepreneur is at some point forced to decide whether they like their goals more than they like their friends.”

The Cost of Pursuing Your Dreams

Entrepreneurship isn’t all glamorous. For every win, there’s a sacrifice. And often, that sacrifice involves the people you care about.

As an entrepreneur, you will face these challenges:

• The time commitment – Your goals demand your attention, often pulling you away from social events.

• The emotional investment – The stress of running a business can leave you drained, with little energy left to nurture relationships.

• The loneliness – As you climb higher, some friends may not understand the journey, leaving you feeling isolated.

But the truth is, if you’re going to build something meaningful, there will be moments when you have to choose between your ambitions and your social life.

Finding the Balance

Ellie eventually made peace with this tough decision. She didn’t abandon her friends, but she learned to prioritize her business without losing the relationships that mattered most.

Here’s how she managed it:

• Setting boundaries – She carved out dedicated times for friends and stuck to those plans, ensuring she didn’t neglect her personal life.

• Being transparent – She explained her goals to her friends, so they understood when she had to cancel plans or work late.

• Nurturing key friendships – While not all friendships made the cut, she invested in those who supported her vision.

In the end, Ellie found that true friends understood her sacrifices, and those who didn’t, fell away naturally.

Conclusion

Being an entrepreneur means making hard decisions—sometimes between the goals you want to achieve and the people you want to be around.

It’s not about choosing one over the other permanently, but about finding the right balance. You may have to make sacrifices, but as long as you stay true to your vision, you’ll attract the right kind of people into your life.

Remember, success in business is personal, but so are the relationships that matter between entrepreneurship vs friendships.