The words career and entrepreneur are rarely mentioned in normal conversation. It’s most likely due to the common risks associated with the pursuit of long term business ownership. Since failure rates for individual businesses are very high, any hopes and aspirations of a career in entrepreneurship quickly dwindle away for most entrepreneurs.
As an economically inspired tool, it is universal and can provide significant value to entrepreneurial people of all stages from the unemployment stage to veteran entrepreneurs. More specifically, E5 is broken into six stages each divided by one universal concept – risk taking. The stages in order are: