Why start a business?: the 5 main motivations for entrepreneurship
Posted: Mon Jan 20, 2025 8:12 am
The reasons why a person starts a business are very diverse and disparate. However, we can summarize them in these 5 main MOTIVATIONS that always respond to a need and/or opportunity and that define the skills of an entrepreneur:
Alternative unemployment [need] . Let us not forget that young people tunisia phone number list represent 22% of Spanish entrepreneurs. Most are over 40 years old.
Be your own boss [opportunity].
Professional stagnation [need].
Uncovered idea. Unsolved problem [opportunity].
More income [need/opportunity].
According to the latest available data, Spain is in the top 20 worldwide for above-average entrepreneurial activity rates, with a percentage of 5.2% (Source: GEM Report 2020-2021).
Despite these positive data, 90% of startups disappear after 3 years of being founded.
Why does this happen?
Alternative unemployment [need] . Let us not forget that young people tunisia phone number list represent 22% of Spanish entrepreneurs. Most are over 40 years old.
Be your own boss [opportunity].
Professional stagnation [need].
Uncovered idea. Unsolved problem [opportunity].
More income [need/opportunity].
According to the latest available data, Spain is in the top 20 worldwide for above-average entrepreneurial activity rates, with a percentage of 5.2% (Source: GEM Report 2020-2021).
Despite these positive data, 90% of startups disappear after 3 years of being founded.
Why does this happen?