Victims of Success

Berglas, Steven
February 2011
Leadership Excellence Essentials;Feb2011 Supplement, p3
The author explains the reasons behind the failure of successful people. Reportedly, 25 percent of successful executives become victims of their own success. According to the author, success can affect one's mind in which strengths can become weaknesses and weaknesses can be one's undoing when situations change. He claims that individuals become risk-avoidant once they are earning more, either because of complacency or their failure to reassess their business plan.


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