Entrepreneurs back decision to work for themselves
Wed, 28 Oct 2009
The overwhelming majority of entrepreneurs are satisfied with their decision to become self-employed, despite the pressures of the recession, a new study has indicated.
Research conducted by small business support community Biznik indicates that passion and values continue to be the leading motivations for individuals starting their own firms.
Some 33 per cent of respondents said they wanted to do something they enjoy, while 60 per cent claimed personal interests and values were the main driver behind their entrepreneurial pursuits.
And despite 60 per cent of owners being happy with the performance of their business in the current climate, just nine per cent wish they had remained in employment.
Biznik co-founder Dan McComb said that overall, the study supports the entrepreneurial spirit and the value of following your passions and personal ideals to find satisfaction and financial success.
He added: "We saw that, even in tough economic times, people are able to quickly adapt to changing technologies and market dynamics and do what they need to do to keep driving forward."
According to Business Link, the recession has actually persuaded more people to commit to start-up enterprises than before.
The advisory service says self-employment is being considered a "definite alternative" at a time when job security is low across the board.
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