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After a decade of working 10-hour days as a manicurist, Patty Paredes decided to take a risk and pursue her dream: to become her own boss.

She wiped out her savings, and with the financial help of her mother, Paredes collected $95,000 to open her own nail salon, Nails & Spa 4U, which she inaugurated in March.

Today Paredes works more days and more hours per week than she did at her previous job—and has other things to worry about as a business owner, such as paying rent for her 900-square-foot nail salon. But for the 30-year-old, the extra work and sacrifice pays off, because for her, entrepreneurship is the only viable path for prosperity. READ MORE

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