Ending Soon! Save 33% on All Access

Without Purpose, Your Business Will Not Succeed Launching a startup because of money is not a strong enough motivator to get you through all of the challenges.

By Jay Glauser

Opinions expressed by Entrepreneur contributors are their own.

Ben Pipe Photography | Getty Images

Determining the purpose of your business is a huge key to building a successful venture. It can't just be about the money.

Making money is not a strong enough motivator to get you through all of the challenges of starting your own company.

Indeed, during our tour for Main Street Entrepreneur -- a road trip across the U.S. in which we interviewed founders from all walks of life -- very few successful entrepreneurs mentioned money as the main motivator for starting a company.

So, why did people launch a startup?

In this podcast, we share stories and insights into why entrepreneurs inspires people to build the business of their dreams.

Jay Glauser

Co-founder of The Main Street Entrepreneur

Jay Glauser is the co-founder of The Main Street Entrepreneur, a platform focused on helping people build their dream company and doing what they love.

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

Leadership

How a $10,000 Investment in AI Transformed My Career and Business Strategy

A bold $10,000 investment in AI and machine learning education fundamentally transformed my career and business strategy. Here's how adaption in the ever-evolving realm of AI — with the right investment in education, personal growth and business innovation — can transform your business.

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.

Science & Technology

3 Major Mistakes Companies Are Making With AI That Is Limiting Their ROI

With so many competing narratives around the future of AI, it's no wonder companies are misaligned on the best approach for integrating it into their organizations.

Starting a Business

How to Find the Right Programmers: A Brief Guideline for Startup Founders

For startup founders under a plethora of challenges like timing, investors and changing market demand, it is extremely hard to hire programmers who can deliver.

Side Hustle

These Brothers Had 'No Income' When They Started a 'Low-Risk, High-Reward' Side Hustle to Chase a Big Dream — Now They've Surpassed $50 Million in Revenue

Sam Lewkowict, co-founder and CEO of men's grooming brand Black Wolf Nation, knows what it takes to harness the power of side gig for success.

Business News

A University Awarded a Student $10,000 for His AI Tool — Then Suspended Him for Using It, According to a New Lawsuit

Emory University awarded the AI study aid the $10,000 grand prize in an entrepreneurial pitch competition last year.