Is Entrepreneurship Contagious?

A recent survey by the Ewing Marion Kauffman Foundation finds that exposing individuals to entrepreneurs may encourage them to start their own ventures.

The Kauffman study surveyed 2,000 Americans, asking them if they knew entrepreneurs – both in general and specifically “growth” entrepreneurs whose ventures add more employment and wealth to the economy – and if they themselves were entrepreneurs.  The data was then analyzed by age, gender, geographic region and income level.

Overall, 36.7% of respondents reported knowing an entrepreneur, but only 15.4% knew a growth entrepreneur. These differences were more dramatic when evaluated by gender: 24.8% of men claimed to know a growth entrepreneur, compared with 12.1% of women.

The results indicate a significant association between knowing an entrepreneur and being one: 37.8% of respondents who knew a growth entrepreneur were entrepreneurs themselves, as were 35.5% of respondents who knew entrepreneurs overall.

So what does an entrepreneur look like?  The Kauffman Foundation developed the infographic below on the Anatomy of an Entrepreneur:

To learn more about entrepreneurship through franchising, attend our free monthly webinar, Franchise Ownership as a More Stable Career Path.  The webinar is free, but you need to pre-register, which you can do online by clicking on the linked seminar title.

You may also register by calling 866-246-2884.