Amazing Facts About Entrepreneurs

Entrepreneur Facts | Wisdom Fighters | Facts

Are you an Entrepreneur? You must read these facts. The smaller your business, the happier you are. People who work in businesses with five to nine members of staff are significantly happier than the employees of larger organisations, according to new research, with those who work in companies comprised of 100 to 499 employees apparently the least satisfied.

1. The average and median age of company founders when they started their current  companies was 40. 

2. Less than 1 % came from extremely rich or extremely poor backgrounds.

3. 69.9 % of respondents indicated they were married when they launched their first business. An additional 5.2 % were divorced, separated, or widowed.

4. 59.7 % of respondents indicated they had at least one child when they launched their first business, and 43.5 % had two or more children.

5. Entrepreneurs are usually better educated than their parents.

6. According to Kauffman, the number of women entrepreneurs grew in 2013. 

7. Of all startups, information companies are most likely to fail, with only a 37% success rate after four years.

8. For the last 20 years, the US has produced between 125-250 $100 million companies a year, despite economic changes.