Final answer:
Entrepreneurs come from various backgrounds; some may be encouraged by family or mentors to pursue education, while others might be motivated by personal drive and circumstances. Education can play a critical role in entrepreneurial success, along with inherent qualities like hard work, independence, and risk-taking.
Step-by-step explanation:
The educational background of an entrepreneur can be diverse and varies based on individual circumstances. The passage gives an example of an entrepreneur who, despite being poor, Black, and Appalachian, was encouraged to value education, ultimately pursuing higher learning. Another story mentions Jarrett, an individual who was encouraged by a manager to take college classes and ventured into higher education while working. These entrepreneurs demonstrate that commitment and hard work are important traits, along with a willingness to take risks, which were highlighted in the context of startup firms and the role of angel investors and venture capitalists in providing advice and overcoming information asymmetries during the early stages of development.