believed.
Many successful entrepreneurs
exhibited aggressive behaviour and got in trouble as
teenagers, an international team of researchers found.
Researchers Ross Levine of
Berkeley's Has Economic Analysis and Policy Group and Yona
Rubinstein from the London School of Economics, found
that entrepreneurs are
identifiable not only by their
earning potential, but also by certain character traits that
appear throughout their youth,
The study showed that many people
who succeed in novel ventures have high IQs, come from stable
families with parents who earn higher
than average incomes, and have exceptional confidence and self-
esteem. However, people who become
entrepreneurs also have some more surprising traits in common.
"Our data revealed that many
successful entrepreneurs exhibited aggressive behaviour and got in trouble
as teenagers," Levine said.
"This is the person who
wasn't afraid to break the rules, take things by force or even be involved in
minor
drugs," he said.
The study found that young people
who possessed these trouble-making qualities went on to become
high-earning salaried workers. And
when opening their own businesses, they made 70 per cent more
money than they ever had as
employees.
"What we find is that a
particular constellation of traits turns out to be a strong predictor of who is
going
to become an entrepreneur later in
life and whether that person is going to be a high-earner when he or
she launches a business,"
Levine said.
The University of California ,
Berkeley study, which focused on debunking the myth that entrepreneurship
does not pay off for most, found
that entrepreneurs actually earn about 50 per cent more than their
salaried counterparts working in
the same industry with the same level of education.
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