Your overconfidence is your weakness

People usually refer to entrepreneurs as "risk-takers", likening them to gamblers. However, a doctoral student at Wharton says his research shows that entrepreneurs' real motivation is their ego. While they may be as risk-averse (or more so) as the norm, their overconfidence in their abilities leads them to take unconscious risks. I guess Ayn Rand was right, sort of. (From BusinessWeek, via Business Opportunities Weblog),