Unformatted text preview: into multiple smaller risks is a safer bet. The third lesson is that entrepreneurship is not about the pursuit of opportunity. He says opportunities come into play when entrepreneurs recognize their own skills and abilities that are unique compared to most. The fourth lesson says entrepreneurship is not about passion. Isenberg states that commitment, energy, enthusiasm, hard work, and perseverance are much more important than passion. Daniel Isenberg’s fifth and final lesson is that entrepreneurship is not good for your health. It is very common for entrepreneurs, successful and unsuccessful, to experience addiction to challenge, stimulation, excitement, achievement, recognition, reward, and sometimes even teamwork and leadership; people continue to take on bigger and bigger challenges. There may never be a correct realistic view on what the true meaning of entrepreneurship is, but if there were, many more people would be very successful....
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This note was uploaded on 09/27/2011 for the course ECON 101 taught by Professor Gottlieb during the Spring '08 term at Rutgers.
- Spring '08