“Multiple studies have confirmed that these two motivations are the most common. In the Kauffman Foundation’s study of 549 founders of American technology startups, 75% of the respondents said that building wealth was a very important motivation for becoming an entrepreneur and 64% said the same of wanting to own their own businesses.16 Likewise, the Panel Study of Entrepreneurial Dynamics asked 1,214 respondents about their motives for starting a business. The top six motivations were control motivations, such as freedom to take one’s own approach to work and fulfilling a personal vision, and wealth-building motivations, such as gaining financial security and building great wealth.17 The CareerLeader”
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The Founder's Dilemmas: Anticipating and Avoiding the Pitfalls That Can Sink a Startup
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The Founder's Dilemmas: Anticipating and Avoiding the Pitfalls That Can Sink a Startup
by
Noam Wasserman5,320 ratings, average rating, 209 reviews
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