The concept of entrepreneurship, and the associated excitement, is the basis of many corporate tales and success stories. However, all is not rosy with business start-ups, and those who survive the ordeal, and succeed, are usually extraordinary people. Question I am in the process of deciding whether to go out on my own and start a retail clothing business. With over twenty years of experience in my field, I am confident in my ability to operate the business, but I have questions about what else is involved. Many folks jump in with both feet and ask questions later.
Independence is sought to take risks and escape from other people's direction.
Many entrepreneurs are corporate or foreign refugees, seeking a haven from bureaucracy. They want to be their own master, have a strong need for achievement and the freedom to make decisions. In short, they want the freedom that they did not have as employees. The motivation for financial gain is generally considered to be unlimited. Importantly, the gains that are possible in new businesses must be great enough to offset the high degree of risk.