Entrepeneurship should be recognized as a profession unto its own similar to other professions such as doctors, lawyers, engineers etc.
Entrepeneurship is not viewed as a profession unto its own. As a result:
1. Society in general has no clear idea as to the true risks and benefits of this profession and, accordingly young people, when considering a career, often have no idea that this might be a viable path for them.
2. There is little, if any, educational and/or support infrastructure re becoming and remaining an entrepreneur. The other professions (including trades) have clear educational paths and professional organizations which proved significant structure and guidance for those who wish to choose them as careers. Unfortunately those comparatively few who choose to be entrepeneurs are forced to create their own structure which makes for a much tougher road to follow.
A good analogy would be to compare the success rate of people who choose to go to a post-secondary school and find a good job vs those who choose to start a business. 65% to 75% of those who choose to go to a post-secondary school graduate within 4 to 6 years with over 95% obtaining gainful employment. Compare this with those who choose to start a business. Less than 5% actually start a business and then less than 20% of those who start a business last more than 5 years. A significant reason for this gap in success rate is the lack of education and support structure available to those who want to start a business.