BAD BOYS MAKE GOOD ENTREPRENEURS

BAD BOYS MAKE GOOD ENTREPRENEURS

Teenagers who take part in illicit activities such as drug taking and score highly in intelligent tests could be future self-made millionaires.

This is according to a report for National Bureau of Economic Research in the U.S. which provides statistics to back up the view that ‘bad boys’ make good entrepreneurs.

History is littered with risk-taking entrepreneurs who have a chequered past, such as Bill Gates and Mark Zuckerberg who both dropped out of Harvard University.

Here in Nigeria, it is the same with the likes of the richest man in Africa, Aliko Dangote and the second Nigerian after Dangote to be included on the Forbes list of dollar-denominated billionaires, Femi Otedola.

The research supports a study conducted by the University of Cambridge which found that entrepreneurs take riskier decisions than managers.

Psychologists traditionally viewed risk-taking as an abnormal behaviour, associated with disorders such as drug abuse and manic depression.

The Cambridge research said that entrepreneurs showed an adapted type of impulsive risk-taking that allows them to seize opportunities under stress.

Entrepreneurs choose to start up their own businesses instead of working in an existing company. They can gamble their finances, reputation and even their families and self-esteem in the hope of making greater profits as they ‘go out on their own’.

Entrepreneurs also showed more flexible thinking and were more impulsive – processes that are closely linked to the chemistry in the brain and in particular the neurotransmitter dopamine.


Tags assigned to this article:
featured

Related Articles

Friendly Young Doctors are ‘bad for your health’, Study Finds

Friendly doctors are ‘bad for their patients’ health’, researchers have warned as a new study revealed two thirds of young

Ibuprofen Increases Life Expectancy

Ibuprofen can banish headaches and soothe throbbing joints, but the drug may have another benefit. A new study shows that

SCIENTISTS REVEAL THAT HAVING WOMAN ON TOP IS THE MOST DANGEROUS SEX POSITION FOR MEN

Having a woman on top isn’t quite the wild ride most men might have imagined. Scientists have learned that the


x

Related Posts

OONI'S MARRIAGE SPARKS CONTROVERSY
Ooni of Ife , Oba Adeyeye Enitan Ogunwusi is in the news for controversies surrounding his marriage. The 41-year-old and Wuraola Zainab Otiti...
Manslaughter: Appeal Court sends Actress, Ibinabo back to Prison
The Court of Appeal Lagos Division, yesterday dismissed an appeal filed by star actress and former beauty queen, Ibinabo Fiberesima challenging t...
IG LAMENTS HIGH COST OF POLICE DOGS
The Inspector General of Police (IGP) Solomon Arase, has raised concerns about the cost of buying and maintaining dogs trained to assist his men...
powered by RelatedPosts