Are most people entrepreneurs by choice or by circumstance?

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Derek Lidow  (Bestselling Author & Professor at Princeton University )

Derek Lidow discusses the reasons why people become entrepreneurs. He talks about how research shows that 80% of entrepreneurs made the decision to start their own business by choice while 20% became entrepreneurs because of need. Lidow provides his own theory that the majority of individuals become entrepreneurs to fulfill an internal need. He provides an example from his book of an individual whose perseverance and drive helped him create a new niche to reach business success.


About Author

Derek Lidow

Bestselling Author & Professor at Princeton University

After having been the successful CEO of a major semiconductor company (International Rectifier), and started an important information company (iSuppli) from scratch, Derek Lidow is now a professor in entrepreneurship at Princeton University and a Bestselling author. His latest book is Building on Bedrock: What Sam Walton, Walt Disney, and other great self-made entrepreneurs can teach us about building valuable companies.

Interviewed By

Vanessa Tyler

Vanessa Tyler

Sarder TV Journalist, and Emmy Award-Winning Journalist & Anchor

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