Renowned businessman Jim Rohn once said, “You’re the average of the five people you spend most of your time with.” But it’s common for entrepreneurs to underestimate the importance of the company they keep. Bottom line: The people around you matter.
You need people -- whether it’s co-founders, mentors, family or friends -- who will challenge you and make you better, thereby raising your average or helping you maintain a high one. Many entrepreneurs strive to be the smartest person in the room on every issue. But if you're always the smartest person, you're hurting yourself. You want to surround yourself with people who can run circles around you in as many areas as possible, people who are exponentially better in a variety of ways.
Here’s the really hard part: Giving a silent critique of the people you keep around you may sound judgmental and downright ruthless, but understanding their influence on your performance is critical to your success. As an entrepreneur, you have too much at stake to let this go unaddressed. If someone is bringing down your average, you have to reduce his or her involvement in your life. Not doing so may hinder your energy, vision and ultimate success.
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