10/21/2014 08:30 am ET Updated Oct 21, 2014

The Connection Between Entrepreneurship And Happiness

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We've all had those moments where time is frozen. Athletes describe it as being in the "zone." Some people describe it as perfect euphoria. In his book, Mihaly Csikszentmihalyi, calls ir Flow. Those times in our lives are what I consider happiness. While we usually read about how to improve our companies, it's worth thinking about how our businesses help us achieve that mindset.

If the state of mind I described above is what makes us happy, then we should aim to perform activities that enhance it. What's interesting is that when many of us look at why we are entrepreneurs, and what makes us happy, there are differences. The common belief is that making more money will increase how happy we are. In truth, data suggests that after around $75,000 there starts to be diminishing returns.

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