One of the motivating factors for entrepreneurs is freedom of choice and independence. If we have piqued your interest in anyway and you would like to learn more about ACE SFU, we welcome you to introduce yourself and get involved. I guarantee the efforts that you put into ACE will pay off when you are ready to become an entrepreneur. This is an excerpt from an article I found in the Economist recently. Venture Capitalists say entrepreneurs are good at starting businesses but terrible at managing them.
Entrepreneurs claim they are careful because they are playing with their own money.
Lowell Busenitz of the University of Huston and Jay Barney of Ohio State University tested the decision process of 95 managers at companies vs. 124 people who started their own businesses. Entrepreneurs and managers scored about the same on this. The Entrepreneurs were much more confident in their responses, especially when they were wrong. Second, both groups were given a business decision. They were told they had to replace a foreign made machine that had just broken down with one of two options.