Entrepreneurship

   CAREER OPTIONS: ENTREPRENEURSHIP

This option involves the highest level of risk in the work dynamic. An entrepreneur owns and operates a business and typically employs others in the running of the business. The business may be built from scratch, purchased or a franchise. There are high financial risks and rewards. Most of these entrepreneurial ventures employ fewer than 20 employees. It is very important to note that small businesses are the main growth sector in the economy for new jobs.

Entrepreneurs value independence, excitement, and success. They have very high tolerances for ambiguity and an internalized locus of control. In order for them to be successful, their beliefs must be in alignment with their goal for success. It is not unusual for an entrepreneur to have all of their life assets mortgaged against the success of their business.