ABSTRACT

Why do individuals start businesses? .........................................................................................6 What is the likelihood of success? ...............................................................................................7 Lifestyle of an entrepreneur ..........................................................................................................8 Personality traits of entrepreneurs ............................................................................................ 11 Am I too old or too young to be an entrepreneur? .................................................................. 14 Common skills found in successful entrepreneurs ................................................................. 16 Does previous startup success (or failure) help or hurt you in your next venture? ........... 19

Whether you are a recent (or soon-to-be) graduate from a college, masters, or doctoral degree program considering starting a new business or an established professional pondering a transition into a new startup career, the numbers of individuals looking to form a new business continue to climb annually.