Why do you think entrepreneurship is growing around the world?

Easier resources accessibility

Today, most people can access equity finance and other factors of production easily that it was before.

Sharing of information

Democratization of information today has increased with the internet as the primary source (Klapper & Guillén, 2010). Therefore, it has motivated individuals across the world to learn on entrepreneurial skills from experts.

Increasing dissatisfaction at work

Rising confidence in one’s abilities and talents prompts people to seek other forms of employment.

Deregulation

New small enterprises are enhancing entrepreneurial initiatives in many sectors today that have undergone deregulation leading to less government interferences and licenses (Klapper & Guillén, 2010).

Do you think entrepreneurship’s appeal will subside over time?

No, I believe this growth will continue since even learning institutions are providing entrepreneurial education which continues the drive towards entrepreneurship by young people. Many people today are seeking self-employment as a means to achieving personal goals.

What are the three primary reasons that lead people into becoming entrepreneurs?

Entrepreneurs want to transform the world by striving to avoid jobs that get them to the sidelines and are always seeking advanced knowledge and opportunities (Segal & Schoenfeld, 2005). Creative people sometime think of themselves unfit in the corporate environment. So they seek to explore their talents and abilities through entrepreneurship. The potential to get more money also drives people into entrepreneurship (Segal & Schoenfeld, 2005).

Which reason would better describe an eventual personal choice to become an entrepreneur?

The voracious appetite and the desire for more money drives an individual to become an entrepreneur (Segal, & Schoenfeld, 2005). It just takes dedication, time and a very good idea to facilitate one’s ambitions.

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