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This may surprise you.  Entrepreneurial experience doesn't guarantee success. According to smartplanet.com, a new study has found that, in fact, serial entrepreneurs have a dismal record. The study was based on the success and failure rates of 8,400 entrepreneurial ventures in Germany, and concludes that previous experience in the entrepreneurial realm doesn't really predict success going forward. Joe McKendrick writes that the study says that previously failed entrepreneurs are less likely to survive and, in common with entrepreneurs with mixed prior experiences, are more likely to experience bankruptcy. "We find that portfolio and serial experience is unrelated to survival or avoiding bankruptcy. Our results showed that venture survival outcomes are unrelated to prior successful entrepreneurial experience and that failed entrepreneurs are more likely to fail again," he writes, from the study. But not everyone agrees.  Where you get your business education i...

If you're one of these, you probably already know this. But a new study has shown that entrepreneurs are happier. According to smartplanet.com, individuals who build their own businesses tend to have higher senses of well-being than those who are employed by others. Duh.  I left corporate life over 20 years ago, and though there have been certainly been ups and downs (in a down right now), I've loved just about every minute. I loved the projects I got, so satisfied to create an end product like a news story or speech or talking points instead of having to sit in endless meetings where nothing much was every accomplished except some vice president flaunting her power. Not surprisingly, the study showed that involvement in entrepreneurial activity can be linked to higher levels of satisfaction and contentment.  At times I made a lot of money but that meant less than the thrill I felt creating work that was mine, all mine, and when the clients really liked it, well, I'v...

Does your middle school kid get called to the principal's  office just about every other week?  Does he not come home from a friend's when you tell him?  Does he let his homework pile up until teachers warn you he's about to fail? If this is your son, don't worry, says a new study , according to smartplanet.com. He may just be the next Steve Jobs. Not that anyone's recommending you commend your kid for breaking the rules.  But the study, conducted in Germany and Sweden over about 20 years, found that boys who pushed the boundaries often -- but didn't break the law -- often started their own businesses, and were pretty successful. The study followed 1,000 children from 10 years old to adulthood, Tyler Falk reports, and describes the rationale as the success possibly having "its roots in adolescent rule-breaking behavior.” Researchers initally thought they'd find that successful entrepreneurs lacked a moral compass -- you know, only out for the...