When we first discovered that our family was battling substance use disorder, we went through every emotion imaginable; guilt, hate, fear, grief, despair, and loneliness to name a few. In addition, we knew little about the disease, the treatment choices, and the associated costs.
COVID-19 has forced many households into the entrepreneurial world; whether they are ready or not. In many respects, entrepreneurs can exhibit symptoms that mirror other substance abuse disorders. Left unchecked, families can find themselves in a financial bind that they may not be able to recover from.
Michael Lewis recently appeared on the UK-based Yeukai Business Show. The show featured Michael speaking with host Yeukai Kajidori about how families can protect their assets from the effects of addiction. Synopsis: The expression “workaholic” describes someone who is addicted to work. The business building activities release dopamine that influence your mood and feelings of reward and motivation- in some ways similar to that achieved through other addictions. The same set of skills required to transition an individual in recovery from getting sober to living a sober life are needed to transition an entrepreneur from ideation to presiding over an …
Battling addiction, no matter what the substance of choice, requires a strong support network. A financial advisor with empathy towards substance abuse should be a part of that network. He/She will be instrumental in creating boundaries, preparing a plan, and holding all parties accountable.
I’m excited to be mentioned in the July 2020 INDY magazine article entitled “Will the Coronavirus Create the Next Generation of Addicts?”. I am deeply concerned that COVID will only exacerbate a problem the health system cannot adequately provide for. Articles like this help break the stigma of substance abuse and encourage families to seek the help they desperately need. Click below to read the article.
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