Entrepreneurship
The Anatomy of an Entrepreneur
05/10/09 18:52
In a recent paper published by The Kaufmann Foundation of Entrepreneurship, the motivation and family background of "typical" entrepreneurs has been examined. The Anatomy of an Entrepreneur is a pretty interesting read if you are interested, and there were some things that really jumped out at me in this research:
1. Do you think that most entrepreneurs are under the age of 40? If so, then you would be wrong. The majority of the founders started their companies at the age of 40+.
2. Entrepreneurship is genetic! Nope. Only 15.2% of the entrepreneur surveyed had a sibling that had also created a company.
3. Only people who are single or do not have children have the time needed to be an entrepreneur! Wrong again. 59.7% of respondents had one child, and 43.5% had two or more children.
4. Starting a business because you cannot find work is not the best move! This research reiterates this fact as only 4.5% of those surveyed stated that they started a business due to their inability to find employment.
5. The average number of businesses started by the entrepreneurs surveyed was 2.3.
Check out the paper, and find out how you stack up with the respondents of the survey. The biggest point to take from this is that the only person that decides if and how good of an entrepreneur you are... is you. It does not matter about your age, it does not matter if you have entrepreneur genes, or if you have a growing family at home. If you have the desire, the proper goals, and the right attitude...then you are an entrepreneur.
1. Do you think that most entrepreneurs are under the age of 40? If so, then you would be wrong. The majority of the founders started their companies at the age of 40+.
2. Entrepreneurship is genetic! Nope. Only 15.2% of the entrepreneur surveyed had a sibling that had also created a company.
3. Only people who are single or do not have children have the time needed to be an entrepreneur! Wrong again. 59.7% of respondents had one child, and 43.5% had two or more children.
4. Starting a business because you cannot find work is not the best move! This research reiterates this fact as only 4.5% of those surveyed stated that they started a business due to their inability to find employment.
5. The average number of businesses started by the entrepreneurs surveyed was 2.3.
Check out the paper, and find out how you stack up with the respondents of the survey. The biggest point to take from this is that the only person that decides if and how good of an entrepreneur you are... is you. It does not matter about your age, it does not matter if you have entrepreneur genes, or if you have a growing family at home. If you have the desire, the proper goals, and the right attitude...then you are an entrepreneur.
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