Why Did WeWork's Adam Neumann "Flee" From New York? He needed to escape the "negative energy." Shouldn't you?

By Gene Marks

Opinions expressed by Entrepreneur contributors are their own.

VCG | Getty Images

This was not a great year for WeWork's ex-CEO, Adam Neumann. In 2019, the co-working giant's co-founder and evangelist found himself in big trouble with his shareholders after allegations of erratic behavior and drug use became public. Because of Neumann's questionable activities, and other financial red flags, the company was forced to withdraw its IPO bid in September. Neumann was forced to resign and now faces lawsuits and the potential loss of a large buyout from the firm's most significant stakeholder, SoftBank.

So if you were Neumann and you built a company into a multi-billion-dollar organization, only to have everything fall to pieces on the cusp of cashing in, what would you do? How about … going away! To escape the "negative energy" of New York, Neumann and his wife reportedly pulled their kids from their school in Manhattan and just started, well, "jetting around," a source told the New York Post. According to the article, Neumann -- a well-known big spender -- has "several lavish residences in and around Manhattan, as well as on the West Coast." The family has reportedly been spotted in South America and Israel, among other places.

Considering the money he's lost and the lawsuits he faces, I think it's safe to say that the problems of a typical business owner (i.e. you and I) likely pale in comparison to the headaches Neumann faces when he ultimately comes home. And although I'm not a big fan of Neumann's business practices, I am admiring of one thing: his escape.

Related: 12 Crazy Things You Should Know About WeWork

That's because, for someone running a business, getting away -- for whatever reason -- is critical. The smartest business owners I know make it a requirement of the job. For example, every January, a client of mine who owns a roofing company in New Jersey takes two weeks off and goes scuba diving with his family in Barbados. Another client, a restaurant owner, has a beach house in Delaware where he spends the entire month of August. And the owner of a landscaping company near me uses the winter slowdown to go skiing every weekend.

Like Neumann, these people escape the negative energy too. They change their scenery. They put distance between themselves and their businesses, their problems, their headaches. They allow all that negative energy that has built up over time to dissipate in the waters of the Caribbean or the Rocky Mountains in Colorado. They make getting away a priority, because they know that it's not only important for them, but for all the people who they deal with over the course of a year.

So as we head into 2020, or any new year, it's important for us all to do what Adam Neumann does. OK ... not most of the things he does. I'm just talking about one very important thing: getting away.

Gene Marks

Entrepreneur Leadership Network® VIP

President of The Marks Group

Gene Marks is a CPA and owner of The Marks Group PC, a ten-person technology and financial consulting firm located near Philadelphia founded in 1994.

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

Side Hustle

This Couple Started a Side Hustle to Improve a 'Terribly Made' Bathroom Essential. Now the Business Earns More Than $3 Million a Year.

Michael Fine and Lisa Schulner-Fine launched lifestyle brand Quiet Town in 2016 and have been growing it ever since.

Leadership

Lead From the Top: 5 Core Responsibilities of a CEO

Knowing exactly what the chief executive's role entails is critical for steering a company to success.

Business Ideas

70 Small Business Ideas to Start in 2025

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2025.

Social Media

Learn How to Become a Successful Online Content Creator for Only $35

Discover ways to use AI to make viral videos, a successful blog and more, plus the principles behind freelancer and entrepreneur success.

Business News

Want to Be the Next CEO of Jack in the Box? You Have to Be Really Good at Fortnite.

The fast food giant and Fortnite have a simple question: Do you have what it takes to be Jack in the Box's next CEO?

Leadership

I've Seen 25 Years of Change in My Career — These 3 Lessons Every Business Owner Should Know

The business world moves fast, and you're already behind if you're not keeping up!