Wednesday, June 16, 2004

No glamour in entrepreneurship 

Before the Singapore government goes any further with its scholars-turned-entrepreneurs scheme, perhaps it and its scholars should read this post at BusinessPundit.com, “No Glamour Here: The Truth About Entrepreneurship”.

High-flying government scholars are usually put on an accelerated career path in the civil service. Once they become entrepreneurs, would the government be prepared to continue to provide assistance? If it is, then it can hardly be called entrepreneurship. If it is not, the scholars/entrepreneurs would have to slog it out on their own.

Would they be able to make the necessary psychological adjustment?


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