AGEC 242 Chapter Notes - Chapter 6: Intrapreneurship, High Tech

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Chapter 6 starting your own business: the entrepreneurship alternative. Reasons to choose entrepreneurship as a career path. Being own boss: means making all the important decisions, engaging in all of communication related to your business. Desire to succeed financially: often believe that they won"t make enough money working for someone else true but only if business succeeds. Desire for job security: working for a firm, you may get fired firms always trying to downsize. Desire for an improved quality of life: freedom and flexibility to decide where when and how to work, doesn"t mean working fewer hours. Education: can take courses in university about entrepreneurship, other organizations to teach as well, people who major in entrepreneurship or take course are 3x more likely to start own business. Immigrants to north america: age 55-64: have access to retirement funds and home equity.

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