4 Types of People Who Make Poor Entrepreneurs
By Amy Levin-Epstein | CBS MoneyWatch Thinking about going to work for yourself? While entrepreneurship has many perks, like having no boss and working on projects you're more passionate about, some kinds of people are better working for someone else. Here are four examples: People who hate risk. Going into business on your own is a risk that can be controlled by making smartly calculated decisions, but there will always be the danger of failure, and fear of failure can damage a new business. "Risk-averse individuals that take any level risk will often... be paralyzed by the stress of the day-to-day tidings of what's needed to grow a business," said Scott Gerber , founder of the Young Entrepreneur Council. People who love their lifestyle. Savvy owners of a new small business know that cutbacks in spending may be necessary, especially early on. "Your time, money, and resources must be committed to your essential lifestyle requirements and your business