Interesting read if you're considering entrepreneurship | The Illusions of Entrepreneurship: The Costly Myths That Entrepreneurs, Investors, and Policy Makers Live By | Scott A. Shane
 
 


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The Illusions of Entrepreneurship: The Costly Myths That Entrepreneurs, Investors, and Policy Makers Live By
Scott A. Shane

Yale University Press, 2008 - 224 pages

average customer review:based on 37 reviews
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   highly recommended  highly recommended






Why do people start businesses?

Why do people start businesses? Why doesn't the high failure rate dampen their enthusiasm? "The Illusions of Entrepreneurship: The Costly Myths That Entrepreneurs, Investors, and Policy Makers Live By" is an examination of modern entrepreneurship and what makes it all tick. Taking a good, long look at the reality of it all, "The Illusion of Entrepreneurship : The Costly Myths That Entrepreneurs, Investors, and Policy Makers Live By" takes into account the industries that are popular for start up, how they are financed, the characteristics of an entrepreneur, and strategies for new businesses to survive when they first start. Scholarly written and researched, "The Illusion of Entrepreneurship: The Costly Myths that Entrepreneurs, Investors, and Policy Makers Live By" is highly recommended for any community library collection with an interest in economics and business, and should be required reading for any aspiring entrepreneur.


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NOT FOR CHARLATANS

This is a great book! Its about time that someone put together a book that offers a realistic perspective on starting a business! Its a quick and easy read and offers some great ideas for increasing the odds that the business you start will be succesful.


Interesting read if you're considering entrepreneurship

I found this book to be an interesting read for people considering becoming entrepreneurs. It is filled with data points that are not very well know. I would take some of conclusions with a grain of salt, as some of the data backing it is not all that solid. However, the author does mention when the data is not extensive.

It's not a guide to entrepreneurship and if you aren't sold on starting your own business, then it will probably seem rather gloomy. However, it's a good eye opener if you have a decent job and have considered starting a company just to not have to work for somebody else. Would defeinitely recommend it if you are thinking about starting your own business but are on the fence.

The conclusion set forth in the end seemed a bit rushed (it's all mentioned in the last 2 pages) but I think the previous chapters are worth it.

It also has a lot of references (almost half the book pages are filled with references), so depending on what kind of reader you are, that might be (or not) a good thing.


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There are far more entrepreneurs than most people realize. But the failure rate of new businesses is disappointingly high, and the economic impact of most of them disappointingly low, suggesting that enthusiastic would-be entrepreneurs and their investors all too often operate under a false set of assumptions.

 

This book shows that the reality of entrepreneurship is decidedly different from the myths that have come to surround it. Scott Shane, a leading expert in entrepreneurial activity in the United States and other countries, draws on the data from extensive research to provide accurate, useful information about who becomes an entrepreneur and why, how businesses are started, which factors lead to success, and which predict a likely failure.

 

The Illusions of Entrepreneurship is an essential resource for everyone who has dreamed of starting a new business, for investors in start-ups, for policy makers attempting to facilitate the formation and survival of new businesses, and for researchers interested in the economic impact of entrepreneurial activity. Scott Shane offers research-based answers to these questions and many others:

·        Why do people start businesses?

·        What industries are popular for start-ups?

·        How many jobs do new businesses create?

·        How do entrepreneurs finance their start-ups?

·        What makes some locations and some countries more entrepreneurial than others?

·        What are the characteristics of the typical entrepreneur?

·        How well does the typical start-up perform?

·        What strategies contribute to the survival and profitability of new businesses over time?

 

(20080130)

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