Scott Shane, Professor of entrepreneurial studiesScott Shane is the A. Malachi Mixon III professor of entrepreneurial studies at Case Western Reserve University. His books include Illusions of Entrepreneurship: The Costly Myths That Entrepreneurs, Investors, and Policy Makers Live by (Yale University Press, 2008) and Finding Fertile Ground: Identifying Extraordinary Opportunities for New Businesses (Pearson Prentice Hall, 2005).
An unstable income is almost always guaranteed when just starting your business, but research shows it's one of the top fears that keeps Americans from becoming entrepreneurs.
Interest is high in supporting youth entrepreneurship and often seen as a way to help create jobs and turn the economy. But a closer look at the issues shows that these notions may be little more than wishful thinking.
If your heart is set on running your own business, you could raise your odds of success by first getting some experience on your resume and money in the bank, according to research.