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Entrepreneurial Finance, Third Edition: Finance and Business Strategies for the Serious Entrepreneur, 3rd Edition by Roza Makonnen, Steven Rogers

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10

Taking a Job with an Entrepreneurial Firm

INTRODUCTION

One of the unexpected discoveries resulting from staying in touch with students several years after they graduate has been that a large percentage of those who indicate that they are involved in entrepreneurship are employees in, not cofounders of, an entrepreneurial firm. They had resigned from their safe job with a successful investment banking, consulting, or manufacturing company and had taken a job with a start-up firm. How does a person make such a decision to leave the security of a well-established, in many instances Fortune 500, company to work for a high-risk venture in its embryonic stages of development?

The following case study, followed by an analysis of the situation, should ...

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