Word: caruther
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Dates: during 1982-1982
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...spirit and support structure of the risk culture can be hard to duplicate. Starting a successful new business requires a unique combination of characteristics that has little to do with geography. John Welsh and Jerry White of Southern Methodist University's Caruth Institute of Owner-Managed Business have studied the personality traits of risk takers. Chief among them are self-confidence, vision and the need to be in charge. Indeed, many have been frustrated at larger companies. Says White: "Entrepreneurs have a fundamental need to control their own destiny. Seldom can they find this in someone else...