Why Entrepreneurs Say Rules Shouldn’t Apply To Them
Want to know which of your teen-agers might grow up to become a successful entrepreneur? Look at their SAT scores and their rap sheets.
That’s the implication of some widely discussed research published three years ago in The Quarterly Journal of Economics, one of the most respected publications in the field. The authors conclude that “the combination of ‘smart’ and ‘illicit’ tendencies as youths accounts for both entry into entrepreneurship and the comparative earnings of entrepreneurs.” In other words, those really bright—but sometimes bad—boys and girls you remember from high school are most likely to succeed as entrepreneurs.