Posts Tagged ‘entrepreneurs’

Infographic: GoDaddy survey confirms Era of Entrepreneurs

Thursday, October 20th, 2016

The global survey finds that almost 1-in-2 Singaporeans plan to be self-employed during the next 10 years.

In Singapore, 74 percent of Millennials say that they plan to be full time entrepreneurs during the next 10 years. The global percentage is only at 50 percent.

In Singapore, 74 percent of Millennials say that they plan to be full time entrepreneurs during the next 10 years. The global percentage is only at 50 percent.

Fueled by technology that has made entrepreneurship easier than ever, a strong desire for autonomy, and a willingness to try establishing a business again in the event of failure, the number of professionals looking to create their own business or be self-employed has spiked, according to a new global survey commissioned by GoDaddy.

32 percent of Millennials surveyed in Singapore started their current business while they were still in school. That makes them sixteen times more likely to pursue entrepreneurship as a career than their Gen X counterparts did while still pursuing their studies.

32 percent of Millennials surveyed in Singapore started their current business while they were still in school. That makes them sixteen times more likely to pursue entrepreneurship as a career than their Gen X counterparts did while still pursuing their studies.

The research found that 36 percent of the respondents globally plan to either start a small business, or be self-employed within the next 10 years.

In Singapore, 41 percent of respondents surveyed plan to do the same.

(more…)