Friday, December 15, 2006

So what’s the big deal about entrepreneurs?

Looks like entrepreneurs aren’t so special a breed after all as they have been made out to be.

According to a study quoted in this Wharton article, entrepreneurs aren’t as risk-taking as we think they are; in fact they try to manage risk. Also, instead of having a secret method of succeeding at every venture, they often fail the second time round.

Also, interestingly, the more you are an ‘outsider’, the more likely you are to be an entrepreneur. This, to those of us who are labelled kaum pendatang (immigrants) in Malaysia, should not be a surprise.


The logic apparently, is that if you are part of the establishment, you stand to GIVE UP a lot by being an entrepreneur. So, according to this gentleman, you are more likely to start your own business in the US if you are a member of any of the following groups: minorities, immigrants, gays and lesbians.

Makes perfect sense to me.

Technorati: Malaysia, entrepreneurship,

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