A Research Study On Entrepreneurship

2610 Words Feb 5th, 2015 11 Pages
Entrepreneurship is often a difficult undertaking since a majority of new businesses fail, but in many ways, it 's never been easier to become an entrepreneur. According to research by Shikhar Ghosh, a Harvard business school lecturer, three out of four venture-backed start ups fail (Bruder). Ghosh also found that more than 95% of start ups fall short of their initial projections (Bruder). Being an entrepreneur is not as easy as some people think. The hours are long and sometimes they have to make hard decisions, but the ability to stand behind your decisions is essential (Drexler). People like Bill Gates, Michael Dell, Steve Jobs, and Larry Page form our conception of entrepreneurship. The inventions and products created by these people have been so prominent and well-known in our lives, but most businesses don’t get to be as large as the businesses started by these men, most entrepreneurs establish companies that continue as small businesses for life, but even these new permanently small businesses are major economic force. Most studies of entrepreneurs only look at the people have who have been successful, and only use examples of the most famous entrepreneurs.

Exposure to other entrepreneurs can be very helpful for one aspiring to become an entrepreneur. They have likely already been exposed to what life as an entrepreneur is like and if one of their parents or grandparents was an entrepreneur, it could be in their genes.
There is also the knowledge the individual…
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