Michel Petorski is a middle-aged professional who lost his job five months ago when his former employer downsized. He's been actively looking for work at all of the nearby companies, but he hasn't been able to find a job that truly uses his talents or abilities-or that offers an income anywhere close to what he earned in his previous position. He is beginning to feel that the only way to survive in his current situation is to start his own business. What might Michel well become?

Question

Quizplus · Accepted Answer

Michel's situation fits that of a necessity entrepreneur, someone who starts their own business out of a need for income or to overcome a challenging situation, rather than as a result of a personal passion or opportunity.

Michel Petorski Is a Middle-Aged Professional Who Lost His Job