With the continued weak economy and little hope of recovery anytime soon, we can expect to see even more "accidental entrepreneurs" emerge. These are unemployed people whose best hope of generating income is to become self-employed or to start a business. Ami Kassar is a typical accidental entrepreneur. Kassar had spent a decade in senior management with a large, national credit card company based in Philadelphia. When the recession hit in 2008, he suddenly found himself unemployed. His employer did not survive the recession-induced shakeout in the financial industry. Finding a new job that was similar to his old one did not look very promising, so Kassar decided to launch a business. He started Multifunding, which helps small businesses find debt financing. Like most entrepreneurs, Kassar faced challenges in the startup of his venture. However, many of his missteps can be traced back to habits and expectations that came directly from his years of working in a corporate setting.
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Author:Dr. Jeffrey R. Cornwall
