What drives Entrepreneurs
From the covers of magazines to the front pages of the company, entrepreneurs have great admiration. But new entrepreneurs often make the mistake to put successful people on a pedestal, and then talk themselves out of their own greatness by saying, "I could never be like that."
Think only "certain people" from "the right side of the tracks" are those who become successful entrepreneurs? A recent Kauffman Foundation report suggests that you think again.
Researchers from the University of Akron , University of Southern California and Duke University
"The Anatomy of an Entrepreneur: Family Background and Motivation paints a convincing and surprising portrait of what makes entrepreneurs tick.
From computing for healthcare, aerospace to electronics, reported successful entrepreneurs some surprising things about himself. What were some of the most surprising results?
Most of these entrepreneurs come from middle class or working class backgrounds and half of the group and was the first in their families to start a business. Less than one percent of them came from the extremely rich or poor background.
Why did they take the entrepreneurial plunge?
The report has several top motivation. They wanted to create wealth, see an idea of their coming to fruition, and they wanted to own a business. Also interesting that they found little appeal to work for another.
Believe that entrepreneurs are hard-driving single guys? Not so, says the report. Most of them are actually middle-aged married people with at least one child at the time they started their companies.
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