A Small Business Mideset Essay Example | Topics and Well Written Essays - 1250 words

A Small Business Mideset - Essay Exampleess owner is better than the stability of being a paid employee and they expect higher financial returns from being a miserable business owner than being an employee. People start a small business, despite having a stable career, because they have the willingness to go risks and they want to pursue their dreams. They also view that there are business opportunities that are related to their dreams and passions. Amaral and Baprista (2007) studied the factors involved for people choosing to be entrepreneurs. They noted that entrepreneurs believe in their dreams of spread outing their own businesses because of business opportunities and because they are willing to take risks (Amaral & Baprista, 2007, p.26). Levine and Rubinstein (2013) agreed that employed people who want to open small businesses are to a greater extent willing to take risks than paid employees. In addition, those who open new businesses believe that being business owners is m ore challenging than being paid employees. Girouard (2013) mentioned that many employees open their own businesses because they think that they are maximizing their strengths more in challenging entrepreneurial environments. Professional development may actually be better attain as entrepreneurs than as paid employees where there are constraints to continued learning and growth.Apart from being willing risk-takers, finding business opportunities, and boosting professional development, employees who open small businesses also believe that they have more autonomy and are happier and that they can earn more. Girouard (2013) underscored that many employees want greater autonomy over decision-making. They want to be their own managers, so they start their own businesses. Autonomy as owners can also make them feel happier and more fulfilled in life. Moreover, starting a business can increase income levels. Girouard (2013) and Levine and Rubinstein (2013) provided studies that showed that self-employed individuals usually earn more per hour or have