Who wants to be an entrepreneur? It depends on where you live.
People in Los Angeles, New York, Dallas and Houston showed the highest rates of wanting to start a new business in the next five years (44% or more), according to the latest reading of an ongoing query by Comparably. People in Minneapolis (33%) and D.C. (35%) had the lowest rates.
More than 10,000 people responded to the query, predominantly from the tech sector.
Gen Z and Millennials are all about entrepreneurship
Forty-five percent of workers aged 18 to 35 say they plan to start their own company in the next five years, highlighting an opportunity for companies to offer more intrapreneurial experiences for employees, according to the latest reading of an ongoing query by Comparably.
While most of them won’t actually do so (young people aged 20-34 have been shown to have the lowest rates of starting new businesses, according to the Kauffman Index 2017), the data suggests employers could benefit by creating more opportunities for employees to be involved in building products and services from the ground up.
Smitten with entrepreneurship
People aged 26 to 30 showed the most desire to start a business (47%). The desire to start a new business dropped off after age 35, falling to a low of 31% among 51 to 55 year olds.
Men vs. women
Men were more likely than women to want to start a business in the next five years (44% vs. 36% of women).
The latest reading is as of April 17.
