Get All Access for $5/mo

Respect, Power, Family Pride: How Do You Define Success? Every entrepreneur wants to be successful, but the results of our popular Facebook poll reveal that's where our similarities end.

By Teri Evans

Opinions expressed by Entrepreneur contributors are their own.

Every entrepreneur wants to be successful. That's a given. But when you delve deeper, you'll quickly realize the definition of success can vary widely depending on whom you ask. Is it money, power, respect or fame? Or, maybe you define success as simple as the look on your loved one's face when you know you've made him or her proud? We wanted to know what did it for you.

And when we posed the question to our Facebook fans today, the response to our informal, completely nonscientific poll was swift and vocal. By more than a two-to-one margin, respect trumped power and money as the definition of success.

Of the more than 600 people who have cast their votes as of this writing, nearly 52 percent say their idea of success is "being respected in business." Another 22 percent say "being powerful in business" signals success, which is not entirely surprising since it might be only natural for entrepreneurs to crave control. Tied for the third spot, about 12 percent cite "becoming a millionaire" and "making my family proud" as their signal for success.

But, of course, there's more. Among the dozens of comments that poured in, many dismissed the options and filled in their own definitions. The comments ranged from happiness and helping others to building something great to feel successful. But mainly entrepreneurs touted freedom as an indicator that they had made it.

"Success defined for me is having a successful business that allows me the time and means to experience life and enjoy the short time I have on this planet," wrote Patrick O'Heaney, "and spend time with people who are important to me. Life is far too short to spend it always working...leave that to the ants."

Another freedom-loving fan, Andy Sokolovisch, seemed to sum up success in the most visual way: "Being able to pay my mortgage while staying in my pajamas."

How do you define success? Leave a comment and let us know.

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Editor's Pick

Branding

ChatGPT is Becoming More Human-Like. Here's How The Tool is Getting Smarter at Replicating Your Voice, Brand and Personality.

AI can be instrumental in building your brand and boosting awareness, but the right approach is critical. A custom GPT delivers tailored collateral based on your ethos, personality and unique positioning factors.

Growing a Business

He Immigrated to the U.S. and Got a Job at McDonald's — Then His Aversion to Being 'Too Comfortable' Led to a Fast-Growing Company That's Hard to Miss

Voyo Popovic launched his moving and storage company in 2018 — and he's been innovating in the industry ever since.

Business News

Is the AI Industry Consolidating? Hugging Face CEO Says More AI Entrepreneurs Are Looking to Be Acquired

Clément Delangue, the CEO of Hugging Face, a $4.5 billion startup, says he gets at least 10 acquisition requests a week and it's "increased quite a lot."

Business News

You Can Now Apply to Renew Your U.S. Passport Online — But There's a Catch

The U.S. State Department officially launched the beta program this week.

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.

Business News

Apple Reportedly Isn't Paying OpenAI to Use ChatGPT in iPhones

The next big iPhone update brings ChatGPT directly to Apple devices.