21 Fun Facts About Entrepreneurship that will surprise you
If are you one of those who want to be an entrepreneur or love to learn new things about business, then you are at the right place, as here you will find some interesting things about entrepreneurship.
21 Fun Facts About Entrepreneurship
If you want to be an entrepreneur then these facts will definitely make you more confident. Let's now talk about them one by one.
There are 7 Women Entrepreneurs for Every 10 Male Entrepreneurs Starting a Business Total Employment by Women-Owned Businesses Rose by 21% Around 20% of Small Businesses Fail in Their First Year 97% of Self-Employed People Don’t Plan on Returning to Traditional Work 28% of Small Businesses Have 1-5 Employees 71% of Generation Z Business-Owning Entrepreneurs are Men 59% of Entrepreneurs Who Applied for a Loan Did So to Expand The US is the Best Place for Entrepreneurs 88% of Millionaires in the US are Self-Made Entrepreneurs 60% of People That Start Small Businesses are Aged Between 40 and 60 The Biggest Motivation for Entrepreneurs is Being Their Own Boss There are 582 Million Entrepreneurs Around the World Middle-Aged Men are the Most Successful 54% of Small Business Owners Say Communication’s the Most Essential Skill for Success Small Business Proprietor’s Incomes Have Increased by 15% 20% of Women-Owned Businesses are Owned by African American Women Asian People are 51% More Likely to be Business Owners 12.3 Million Women own Their own Businesses in the US 41% of Small Business Owners are Republican More Than 65% of American Entrepreneurs Believe They Can Start Their Own Business The Internet is the Most Significant Source of Advice for Entrepreneurs