Life of Entrepreneur

Life of Entrepreneur Age 40 Age 10 20 30 40 50 60 70 80 The average and median age of company founders when they started their current companies was 40. 95.1 % 1% 95.1 % of respondents themselves had earned bachelor's degrees, and 47 % had more advanced degrees Less than 1 % came from extremely rich or extremely poor backgrounds 15.2% 15.2% of founders had a sibling that previously started a business. 69.9% TL 69.9 percent of respondents indicated they were married when they launched their first business. An additional 5.2 percent were divorced, separated, or widowed. 43.5% 59.7% 59.7 % of respondents indicated 43.5 % had tWO or they had at least one child when they launched their first business, more children *★★ {Average 2.3} The majority of the entrepreneurs in the sample were serial entrepreneurs. The average number of businesses launched by respondents was approximately 2.3% 74.8% 4.5% 4.5% 74.8% indicated desire to build wealth as an important motivation in becoming an entrepreneur. Only 4.5% said the inability to find traditional employment was an important factor in starting a business. >> Entrepreneurs are usually better educated than their parents. 51.9 % Entrepreneurship doesn't always run in the family. More than half (51.9 %) of respondents were the first in their «««« families to launch a business. TTITTIITITTITTTIIT TTIITTTT?TTT???!TI! TTTTTTTTITTTTTTTT TITTITTTTTTTITTITI TTTTITITTITTOMTTT Company 75.4 % 6 years ««« The majority of respondents (75.4 %) had worked as employees at other companies for more than 6 years before launching their own companies. DESIGNED BY Get more awesome Infographics. Follow us twitter @ninjainfogr Ninja Infographic Data Source: The Anatomy of an Entrepreneur, Report •E; %3D %24