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Study: A third of young entrepreneurs started their own business inspired by the success of other KXans 36 Daily News

Date: April 18, 2024 Time: 17:57:43

Other reasons include the desire to do what you love (35%), have a free work schedule (32%), and make your dreams come true (30%). This was known according to the results of a study by the NAFI Analytical Center.

The desire to improve social status (16%), help others (15%), solve interesting problems (13%) and continue the family business (13%) also played a role.

At the age of 14-17, the motive associated with solving interesting problems sounds more often (27%). In the group from 18 to 24 years – the desire to work for oneself (43%) and benefit people (18%).

If we talk about the inspirations, vivid images and role models that influenced the decision of young people to start their own business, then the experience of other successful entrepreneurs is of great importance here. In addition to them, relatives, acquaintances and friends influence the choice of your business.

Nearly one in four entrepreneurs (23%) said they were inspired by business bloggers, including through their own example to their many online followers.

According to one in five, a successful example from an employer (20%) or reading business literature (19%) became an incentive to start a business.

* This website provides news content gathered from various internet sources. It is crucial to understand that we are not responsible for the accuracy, completeness, or reliability of the information presented Read More

Hansen Taylor
Hansen Taylor
Hansen Taylor is a full-time editor for ePrimefeed covering sports and movie news.
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