The Anatomy of an Entrepreneur

Here is your Typical Entrepreneur

* He is from a middle-class or upper lower-class background, and very few come from backgrounds of extreme wealth or extreme poverty.

* He is usually well educated, with only 5 percent or less having a bachelor’s degree.

* He likely to be better educated than their parents were, with half his fathers and a third of their mothers having at least bachelors’ degrees.

* He performed well in high school and in college, with the vast majority ranking average or above in their respective institutions.

* He necessarily does not come from families of entrepreneurs; slightly more than half are the first in their families to launch businesses.

* On average, he tends to be the middle child in a three-child household.

* He is significantly more likely to be married and have children when they launch their first businesses.

* He is far more likely to have worked for an employer for more than six years than to have quickly launched their own businesses.

* His primary motivation for launching a business are to build wealth, to own his own company, and to capitalize on a business idea that he has.

If you qualify on few of these parameters and always wanted to be an entrepreneur then you need to have a look at the report below.

These are the findings of a report authored by Vivek Wadhwa, Raj Aggarwal, Kristina Holly and Alex Salkever for Ewing Marion Kauffman Foundation


17772299 Anatomy of an Entrepreneur

3 Comments:

  1. Jennifer said...
    I live in US. I recently took an entrepreneur class. I do agree these ideas are true, especially in America for the most part. Do you think this is as true in India, though?

    Reason I ask is because India is more based on entrepreneurism the way I see it- all those small shops, fruit/veggie vendors, street sellers who walk down streets selling stuff- these kinds of entrepreneurs we see in droves in India are (more) rare in America...
    £ijo Isac said...
    Hi Jennifer, I think lot of findings in this study are true, when I benchmark it against the entrepreneurs I know personally. Yes I think this covers some traits in all those small shops, fruit/veggie vendors, street sellers who walk down streets selling stuff in India. But I think entrepreneurs in America create more wealth for the society than those in India eventhough their no may be less.
    Anonymous said...
    I recently came across your blog and have been reading along. I thought I would leave my first comment. I don't know what to say except that I have enjoyed reading. Nice blog. I will keep visiting this blog very often.


    Margaret

    http://businesseshome.net

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