Roper Peugeot agrees. As the owner of the 14-employee Overland Park, Kansas, plumbing company that bears his name, Peugeot’s business experienced really tough times during the 2007–2009 recession. During that period, he took comfort in the fact that his fate remained in his own hands and not someone else’s. Even when things get tough, I am in control,” he says.
We also know that entrepreneurs are rewarded through the work they do with a particular product or service, enjoyable associations, and respect from their community. For many entrepreneurs, the personal satisfaction they receive from their businesses is even more important than the money.