How Entrepreneurs Stay Steady When Success And Failure Hit

Let us know what you think about this episode and share it with a friend!Success can go to your head. Failure can go to your heart. And if you’re building something from scratch, it’s easy to let the business decide who you are.We sit down with Brett Smith, Executive Director of the Center for LIFE at Miami University (Leading the Integration of Faith and Entrepreneurship), to dig into what founders rarely say out loud: entrepreneurship is a tough, lonely sport that can amplify stress, shame, and identity swings. Brett shares what his research reveals about the “high highs and low lows” of entrepreneurial life and why a founder’s identity often rises and falls right along with revenue, funding, and momentum.Then we get practical. Brett explains how a relational identity with God can act as a stabilizing counterbalance to entrepreneurial identity, affirming you in the lows and humbling you in the highs. We also unpack why success can be just as destabilizing as failure, how faith can shape decision making when the information is ambiguous, and why translating academically rigorous research into everyday language actually matters for entrepreneurs, investors, and teams.Finally, we point you to free tools through Faith Driven Entrepreneur’s Research Insights and share where to learn more about the Center for LIFE, including resources on faith-driven entrepreneurship and social entrepreneurship. If this conversation helps, subscribe, share it with a founder friend, and leave a review so more people can find it.Brett Smith Bio:Brett R. Smith, Ph.D. is the Cintas Endowed Chair of Entrepreneurship, Founding Director, Center for Social Entrepreneurship, and Founding Research Director, Leading the Integration of Faith & Entrepreneurship (L.I.F.E.) Research Lab at Miami University in Oxford, Ohio. His research interests focus on social and faith-based entrepreneurship. His research has been featured in leading academic journals.Learn more and contact Brett at: https://lifemiamioh.com/ Subscribe to the Pivotal People newsletter for new episodes, giveaways and more: https://stephanienelson.com/newsletter/ Learn more at StephanieNelson.comFollow us on Instagram  @stephanie_nelson_cmFollow us on Facebook at CouponMomOrder Stephanie's book Imagine More: Do What You Love, Discover Your Potential