During the process, individuals will commit themselves more and more to the project (Becker and Sexton 1989),which will lead to irreversibility, if they do not opt out. Irreversibility stems from economic, social, psychological and professional disengagement costs. Irreversibility of commitment means that individuals focus exclusively on their project (Becker and Sexton 1989; Sapienza et al. 1991). Entrepreneurs will put all their time, efforts and resources into set- ting up the project, and later into running the new company, at the expense of their other activities. The system is progressively transformed, and Figure 6.2 attempts to represent these transformations. Before commitment takes place, the vision or the project (V-P), at this stage still an internal process, is totally dominated by the individual who is embedded in environments that influence him or her. But as commitment escalates, the project will be partly autonomous while becoming a new business. A project emerges from this process, which can in turn generate a new autonomous organisation. It also trans- forms the individual who, along the way, will change social identity, experiencing the evolution of his or her social network, value system,