For some entrepreneurs, the risk and reward equation may be all that's needed to get excitement and satisfaction out of work. While success in this area is supported by enthusiasm, business owners must also take responsibility to ensure that expense reports and balance sheets reflect the operations of a sustainable company. In some cases entrepreneurs rely on their business to make a new life in a new land.

According to a Babson College survey, approximately 61 percent of new companies that were established in the U.S. last year were opened by immigrants, the Boston Globe reports.

Though immigrants account for about 23 percent of business owners in the country, some market experts like Elaine Allen, professor and research director of the Arthur M. Blank Center for Entrepreneurship at Babson College, believe they still lack access to some resources enjoyed by other budding small business owners.

For instance, Melissa Vo, a Vietnamese immigrant who opened a restaurant in Massachusetts last year, told the news source she used several high-interest credit cards to finance her new business.

Now, the office of Massachusetts Governor Deval Patrick is drafting initiatives which would improve immigrants' access to financing and offer business mentoring in multiple languages.

According to financial research provider International Data Corp, the average startup is in business for 11.2 years.