Becoming an Entrepreneur
The inspiration to stake it out on your own comes from myriad sources. It’s an overnight idea for some and the pursuit of a dream for others.
The desire to be independent, set their own hours, dictate the rules and develop a unique culture motivates many owners. Manta, an online small business directory, and tech giant Dell surveyed 3,000 small-business owners in 2014, and found 37 percent of respondents were motivated by sense of accomplishment from “fulfilling a lifelong dream.”
InfusionSoft, a company creating tools for small businesses, 2014 report found entrepreneurs are driven by the need for wealth accumulation, a passion for a specific project or community, the production of a unique idea and the desire to provide for the long-term financial stability of their families.
What often stems from the desire to be your own boss and embrace independence will demand long-hours, intense work and barely making by. If financial need is not an initial motivation, it is likely it will become one at some point in your venture.