The role of entrepreneurship in poverty alleviation and contribution to national economy is well established. Especially, a developing economy needs more entrepreneurs to contribute to the economy. The contribution to the economy is larger in developed countries. Entrepreneurship as a career choice, though can be taken up at different ages, it is usually at a younger age. There are different push and pull factors for choosing entrepreneurship. Market opportunity may pull but lack of employment may push towards entrepreneurship, with different outcomes of the effort. The difference is worthy of investigation. Entrepreneurship as a trait versus acquired skill is also debated extensively. Usually the entrepreneur is assumed to be the sole individual however, an organization requires the contribution of others as well, even before the start. Entrepreneurs are rooted in their socio-economic back ground and have own network. The first level of network is immediate kinship network which provides motivation, support and finance. It can have dichotomous effect on entrepreneurship. Other factors responsible are the perceived challenges such as, access to finance, marketing, access to trading facilities, rules and regulations etc. If the perceived challenges are higher, then entrepreneurship may not be attempted at the first place or the attempt could be short lived. Ethiopia, as a developing country has high level of youth unemployment but, high growth in economy, in the recent past. With the government support and policies in place, thecountry has lowest rates of youth entrepreneurial activity and business survival in the sub-Saharan African region.
