Excerpt:
Tough times breed a different kind of entrepreneur.
With the economy tanking, lots of people are striking out on their own. Some never thought of starting a business until they got laid off. Others kicked around the idea but never found the time or the passion to pursue it. Now, launching a start-up seems like a better bet than taking on an endless job hunt.
Call them entrepreneurs by necessity. And while some of them have waited years preparing for just this moment, others may not be quite so ready or eager to make the move.
...
So, how are these new entrepreneurs faring? To get a sense of it, we talked to five people who recently started—or tried to start—new ventures because their job picture changed. We found that they often had to struggle to find their footing and adjust to the demands of entrepreneurship. But most also found an unexpected passion for flying solo.
Here are their stories.
With the economy tanking, lots of people are striking out on their own. Some never thought of starting a business until they got laid off. Others kicked around the idea but never found the time or the passion to pursue it. Now, launching a start-up seems like a better bet than taking on an endless job hunt.
Call them entrepreneurs by necessity. And while some of them have waited years preparing for just this moment, others may not be quite so ready or eager to make the move.
...
So, how are these new entrepreneurs faring? To get a sense of it, we talked to five people who recently started—or tried to start—new ventures because their job picture changed. We found that they often had to struggle to find their footing and adjust to the demands of entrepreneurship. But most also found an unexpected passion for flying solo.
Here are their stories.
Click to read the rest of "Starting Over—as an Entrepreneur" (Wall Street Journal).
H/T: WSJSmallBiz.
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