The Study Where information becomes wisdom.

Creativity isn’t always artistic, in entrepreneurs it often shows up as problem solving. Thomas Edison quickly comes to mind as a renowned inventor and entrepreneur. I personally don’t know much about Edison’s artistic prowess but it is clear that the man was, like many entrepreneurs extremely creative. We interpreted creativity …

Business: the practice of making one’s living by engaging in commerce. Of the 15 reasons we why people start businesses, money is the one with very little to discuss, the very aim of a business is generally to make money so it is no shock that some entrepreneur start businesses …

Altruism: unselfish regard for or devotion to the welfare of others.It is important to note from the outset that we have used the word altruism relatively broadly to include entrepreneurs driven by charity, nationalism, social conscience and humanitarianism. From the ever-growing number of social-entrepreneurs to the long in existence non-profit organizations, …

Competitiveness: possession of a strong desire to be more successful than others. From keeping up with the Jones’s to a healthy rivalry with other entrepreneurs competitiveness has led many to start a business. For some of the entrepreneurs we researched business is a sport and an exciting one. It is …

Leadership: the action of leading a group of people or an organization. At the helm of every great enterprise, you will find someone driven to lead. For some leadership is natural for others it is a learned skill, either way without someone leading the way it is highly unlikely a …

What will you leave behind? The highly acclaimed book The 7 habits of highly effective people by Stephen R Covey asks us to ponder our own funeral. The exercise achieves two things, it tells us how we wish to live our life and what we wish to leave behind, how …

Why do people start businesses? Well, it would seem based on our research as well as asking the question to over 100 entrepreneurs; one big reason is curiosity. Personal curiosity: Can I run a business successfully? Do I have what it takes? Experiential curiosity: What will it feel like to …

Opportunity – a set of circumstances that makes it possible to do something. (Like open a business) For the most part, it takes more than an opportunity for people to start a business but it is generally a good nudge for those inclined to start one. From having a marketable …

Risk: a situation involving exposure to danger or loss. Perspective: a particular attitude toward or way of regarding something. You’ve heard it before, 90% of startups fail, while that isn’t totally accurate many startups do fail and it takes optimism, self-confidence, resilience and a whole lot of hard work not …

Self-confidence: a feeling of trust in one’s abilities, qualities, and judgment. The difference between hubris and healthy self-confidence often comes down to your ability to pull it off. When you’re sure you can, the only question left is: Why not? Now imagine toiling away in someone else’s enterprise when you’re …