Tuesday, April 29, 2008

The Hierarchy of Needs, and Entrepreneurship

The Hierarchy of Needs

This is pretty random, but I was sitting around today and I got a couple ideas about Maslow's hierarchy of needs:
  1. People often frame decisions to start a venture in terms of risk - the comfort of the entrepreneur with taking risks. The hierarchy of needs is an interesting alternative. When you are healthy, safe, loved, esteemed (and you feel this way), it's time to "self-actualize," which may be achieved through a venture.
  2. Some of the emotional or cognitive conflicts of pursuing a venture could boil down to where you are in the hierarchy. If your venture fails, are you "safe" or are you going to starve? Are you doing it for the esteem of others, or your own fulfillment?
This is maybe the first time I found the pyramid interesting. Anyway, just an idea. Here's an example of why it could be too facile:

"People with fragile high self-esteem compensate for their self-doubts by engaging in exaggerated tendencies to defend, protect and enhance their feelings of self-worth." Like what? Blogging?