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Chapter 4 : Taking the entrepreneurial option - Coggle Diagram
Chapter 4 : Taking the entrepreneurial option
Factor driving entrepreneurship
Pull factors
Financial rewards of entrepreneurship
Freedom to work for oneself
Sense of achievement
Freedom to pursue innovation
Desire for social standing
Push factors
Being unemployed
Job security
Career limitations and set-backs
Being a misfit
Limited freedom
Economic exclusion
Inhibiting factors
Identification of business opportunity
Inability to get hold of start-up capital
High cost of start-up
High risk business environment
Cultural restrictions
Legal restrictions
Move to entrepreneurship
Personal development needs
Social needs
Economic needs
Cooper's model of entrepreneurial drive
Antecedent influences
Personality
Education
Life experiences
Family background
Environmental factors
Economic conditions
Availability of capital
Availability of human resources
Support agencies
Incubator organisation
Experience of sector
Opportunity spotting
Training
'Grey' resources
Contacts