The Ultimate List Of 91 Entrepreneur Statistics For 2022

Here is a list of 91 important entrepreneur statistics that will be relevant in 2022. These are the most interesting stats I could find on Entrepreneur, Forbes and Bloomberg.

The “entrepreneur statistics 2021” is a list of 91 entrepreneur statistics for 2022. The numbers are based on data from the US Census Bureau and other sources.

Entrepreneur statistics show the size of the entrepreneur population, as well as a variety of other numbers.

These data are important to examine for people considering starting a business. While the road to success is fraught with dangers and hurdles, it can also be very rewarding. Furthermore, entrepreneurs and startups are critical to a country’s economic progress.

What are the current positive and negative news stories concerning entrepreneurs? In this essay, we’ll learn about entrepreneur statistics.

Let’s get this party started!

Here are some of the statistics and facts you may learn about:

(Editor’s Pick) Important Entrepreneur Statistics

  • There are seven female entrepreneurs for every ten male entrepreneurs.
  • There are 252 million female entrepreneurs worldwide.
  • Women make up 46% of black entrepreneurs.
  • Men make about 68 percent of all small company owners.
  • Baby Boomers account for 41% of all small company owners.
  • Under the age of 35, 5.88 million entrepreneurs exist.
  • Millennials account for 13% of all US entrepreneurs.
  • 72 percent of entrepreneurs suffer from mental health issues.
  • 50 percent of company owners say they’re burned out.
  • The typical entrepreneur in the United States earns $61,000 per year.
  • Within the first two years, 20% of new firms fail.

Statistics on Female Entrepreneurship

1. There are seven female entrepreneurs for every ten male entrepreneurs.

Male entrepreneurs outnumber female entrepreneurs by a factor of ten to seven globally. However, certain nations in the globe, such as Panama, Qatar, Madagascar, Angola, Indonesia, and Thailand, have the same number of entrepreneurs.

Babson College

2. Female entrepreneurs employ an average of eight individuals, while male entrepreneurs employ an average of twelve.

According to the Office of Advocacy, the number of workers recruited by female entrepreneurs differs from the number hired by male entrepreneurs. It turns out that male entrepreneurs recruit an average of 12 staff, whereas female entrepreneurs hire an average of eight.

Office of Advocacy is the source of this information.

3. There were 13 million women-owned enterprises in the United States in 2019.

While male-owned enterprises outnumber female-owned firms in the United States, the latter is on the increase. According to American Express, there were 13 million women-owned companies in the United States in 2019.

American Express is the source of this information.

4. There are 252 million female business owners in the globe.

There are 252 million female entrepreneurs globally, according to the Global Entrepreneurship Monitor for 2019/2020. Furthermore, according to Babson statistics, the percentage of female entrepreneurial activity has increased to an average of 10.2 percent in recent years.

Babson College

5. In the United States, 16.6% of women under the age of 65 established a new company in 2019.

In the United States, the number of women under 65 who establish a company is lower than the number of males. In 2019, 16.6% of US women under 65 established a new company, according to Babson’s Global Entrepreneurship Monitor. In 2019, 18.3% of males in the same age group launched a firm, compared to 18.3% of women.

Babson College

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6. Sixty-five percent of women say they start a company to make a lot of money or accumulate riches.

There are a variety of reasons why women establish businesses. For example, 65 percent of them establish a firm in order to make a lot of money or accumulate riches. Furthermore, since employment are scarce, 45 percent become entrepreneurs. In addition, 29% of female entrepreneurs establish a company to carry on a family heritage. Finally, 71% of females want to make a difference in the world and become entrepreneurs.

Babson College

7. Women-owned enterprises in the United States grew their overall number of workers by 8% between 2014 and 2019.

Female-owned firms grew their overall number of workers by 8% between 2014 and 2019, according to statistics from American Express. During the same time period, the overall rise was just 1.8 percent.

American Express is the source of this information.

8. The number of women-owned enterprises in the United States increased by 21% between 2014 and 2019.

Between 2014 and 2019, the number of female-owned enterprises in the United States increased by 21%. In contrast, the total number of firms increased by just 9%.

American Express is the source of this information.

9. Baby Boomers account for more than one-third of all female entrepreneurs in the United States (36 percent ).

More than a third (36%) of female entrepreneurs in the United States are from the Baby Boomer generation. The Silent Generation, on the other hand, makes about 1% of the population. Furthermore, 63 percent are Millennials or members of Generation X.

Guidant Financial is the source of this information.

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Retail is the most popular female-led and female-owned industry (16 percent ).

Retail (16%) is the most popular female-owned and led sector, according to Guidant Financial. At 13%, health, beauty, and fitness services come in second. Business services (11 percent), food and restaurant (ten percent), and residential and commercial services (ten percent) are other popular female-owned and female-led businesses (7 percent ).

Guidant Financial is the source of this information.

11. Women make up 27% of all small company owners in the United States.

According to Guidant Financial, women make up slightly over one-quarter of all company owners in the United States (27 percent). This implies that the great majority of small company owners are still men.

Guidant Financial is the source of this information.

12. In 2019, women in the United States established an average of 1,817 new enterprises every day.

In terms of female entrepreneurs, 2019 has been a very successful year. According to American Express, female entrepreneurs in the United States created an average of 1,817 new enterprises every day in 2019.

American Express is the source of this information.

13. Female entrepreneurs in the United States earn 28% less than male entrepreneurs.

Female entrepreneurs earn less than male entrepreneurs, just like they do in most circumstances when it comes to the wage gap between men and women. Female entrepreneurs, according to FreshBooks, make 28 percent less than male businesses.

FreshBooks is the source of this information.

14. Almost four out of ten female entrepreneurs (38%) borrowed capital to start their firm.

Starting a company may be done in a variety of ways, including using savings, cash, investments, loans, and more. According to Guidant, 38% of female entrepreneurs started their enterprises with capital.

Guidant Financial is the source of this information.

15. Female-owned businesses earned an average of $142,900 in 2019.

American Express has some interesting facts regarding female entrepreneurs, including how much money female-owned firms made in 2019. Female entrepreneurs in 2019 earned an average of $142,900, according to female entrepreneurship data. In the same year, all private enterprises earned an average of $474,900.

American Express is the source of this information.

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16. Female entrepreneurs’ success was attributed to their communication abilities (37 percent).

When it came to the proportion of successful entrepreneurs, people and communication skills were the most important factors (37 percent ). Furthermore, self-discipline was the second cause for success (34 percent ). Money management abilities were the third cause for success.

National Business Capital and Services is the source of this information.

17. Women entrepreneurs put in 80 cents for every dollar they get.

According to Babson College data on women entrepreneurs, for every 80 cents they put in their firm, they get one dollar back into their family. Furthermore, according to the same source, this is what lowers death rates while increasing GDP.

Babson College

18. Women will account for 31% of existing and potential entrepreneurs in 2021.

Female entrepreneurs make up 31% of existing and potential businesses, according to Guidant Financial. This is a significant increase from 2020, when just 27% of current and potential entrepreneurs were women. On the other hand, 66% of the population is male.

Guidant Financial is the source of this information.

Statistics on Black Female Entrepreneurs

19. Women account for 46% of black entrepreneurs in the United States.

According to Guidant Financial, women make up 46% of all black company owners. This figure is 53% greater than for white small company owners. The numbers for black female entrepreneurs are from 2021.

Guidant Financial is the source of this information.

20. African American or black women own 2.7 million enterprises in the United States.

According to American Express figures for 2019, black women own 2.7 million companies in the United States. Furthermore, black women account for 42% of all new women-owned enterprises.

American Express is the source of this information.

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Statistics on Male Entrepreneurs

21. The most successful enterprises are started by middle-aged men.

While many people believe that young people are on the right track when it comes to beginning a company, facts reveal otherwise. Entrepreneurs who start a firm and hire at least one person are 42 years old on average, according to MIT Sloan.

MIT Sloan, MIT Sloan, MIT Sloan, MIT Sloan

In 2019, 22.18.3% of males under the age of 65 established a new company.

According to Babson’s Global Entrepreneurship Monitor, new enterprises had a good year in 2019. For example, 18.3 percent of males under 65 in the United States established a new firm in that year.

Babson College

23. Men make up 68 percent of small company owners in the United States.

According to a survey from Guidant Financial for 2021, males account for 68 percent of small company owners, while women account for just 32 percent. Despite the fact that the number of female entrepreneurs is increasing, men entrepreneurs still account for the great majority of business owners in the United States.

Guidant Financial is the source of this information.

24. Approximately 63 percent of males start a company with the goal of making a positive impact on the world.

The following is what men entrepreneurs replied when Babson asked why they began their own firm. More than six out of ten men entrepreneurs (63 percent) indicated they established a firm to make a difference in the world. In addition, 73% claimed they established a company to earn a lot of money or accumulate riches. Furthermore, 38% of males said that they began working to make a livelihood since jobs are scarce. Finally, 32% of males did it to keep a family tradition alive.

Babson College

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Statistics on the Age of Entrepreneurs

25. Just under half of entrepreneurs (46%) are between the ages of 41 and 56.

When it comes to entrepreneur age, 46% of people who start a firm are between the ages of 41 and 56. According to Guidant Financial’s 2021 report, this statistical data is accurate. In addition, 2,400 prospective and established entrepreneurs were questioned for this research.

Guidant Financial is the source of this information.

26. When starting a firm in the United States, the typical entrepreneur is 42 years old.

The typical entrepreneur in the United States is 42 years old when they start a firm, according to the National Bureau of Economic Research. Furthermore, various businesses have distinct age groups. For example, persons who start a firm in the software sector are on average 40 years old.

National Bureau of Economic Research (NBER)

27. In 2019, 16 percent of US entrepreneurs began their firm while they were between the ages of 18 and 24.

In 2019, 16 percent of persons aged 18 to 24 established a company, according to Babson’s Global Entrepreneurship Monitor. Furthermore, 25% of those aged 25 to 34 and 22% of those aged 35 to 44 felt the same way. Following that, 13% of those aged 45 to 54 and 55 to 64 did as well. Finally, 6% of people aged 65 to 74 years old established a new company in 2019.

Babson College

Millennials and Gen X account for 28.67 percent of black entrepreneurs in the United States.

Millennials and Generation X members account for almost seven out of ten black entrepreneurs in the United States (67 percent). In contrast, 56% of all entrepreneurs in the nation are women.

Guidant Financial is the source of this information.

29. The average age of those launching a new company has decreased from 38 to 34 years old since 2017.

Before 2017, people launching a new company were on average 38 years old, according to FreshBooks. The average age of persons launching a new firm has reduced to 34 years old since 2017.

FreshBooks is the source of this information.

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30. The average age of the founder of the fastest-growing firms is 45 years old.

The major attribute of successful startup founders, according to the findings of the NBER Working Paper, is not young. When they looked at the successful businesses, they discovered that the average age of the founders was 45. Furthermore, they frequently have prior expertise in the sector in which they are launching their company.

Working Paper, National Bureau of Economic Research

31. Entrepreneurs in their early twenties are the least likely to succeed in the top 0.1 percent of growth.

Many individuals make the connection between successful firms and young people. The statistics on entrepreneur age, on the other hand, are not in favor of individuals in their twenties. Furthermore, studies reveal that persons in their twenties have the lowest chance of achieving success or being in the top 0.1 percent of growth.

National Bureau of Economic Research (NBER)

32. A 50-year-old who starts a firm is 1.8 times more likely than a 30-year-old to achieve a high growth rate.

There is one surprising fact when it comes to the age of entrepreneurs. When launching a firm, a 50-year-old is 1.8 times more likely than a 30-year-old to achieve a high growth rate.

National Bureau of Economic Research (NBER)

33. Baby Boomers account for 41% of all small company owners.

Baby Boomers account for 41% of all entrepreneurs, regardless of age group. Furthermore, Gen X accounts for 46% of the population. Millennials account for 13% of the population, whereas Gen Z accounts for 1%.

Guidant Financial is the source of this information.

Six out of ten people who start a company are between the ages of 40 and 60.

60 percent of people who start a company are between the ages of 40 and 60. Guidant Financial gathered this information by interviewing 2,400 new and potential businesses.

Guidant Financial is the source of this information.

5.88 million of all entrepreneurs are under the age of 35.

There are 5.88 million entrepreneurs under the age of 35, as well as 12.6 million entrepreneurs between the ages of 35 and 54. There are also 11.01 million people aged 55 and above.

Office of Advocacy is the source of this information.

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36. The age group of 50 to 59 years old is the most typical for entrepreneurs.

According to National Business Capital & Services statistics, 35 percent of entrepreneurs are between the ages of 50 and 59. This is the most prevalent age group, since it accounts for more than one-third of all entrepreneurs.

National Business Capital & Services is the source of this information.

Statistics on Black Entrepreneurship

In the United States, 37.67 percent of black entrepreneurs are Millennials or Generation X.

Millennials or Generation X make up 67 percent of black entrepreneurs, according to data. This proportion of young black company owners is greater than the proportion of young business owners in general. In contrast, Millennials or Generation X make up 56 percent of all entrepreneurs.

Guidant Financial is the source of this information.

38. In the United States, about one-third of black entrepreneurs (31%) are Baby Boomers.

According to Guidant Financial research, over one-third of black entrepreneurs (31%) are Baby Boomers. The Silent Generation, on the other hand, accounts for just 2% of the population.

Guidant Financial is the source of this information.

In 2019, 240 black individuals out of every 100,000 become entrepreneurs per month.

According to the Kauffman Indicators of Entrepreneurship, each month in 2019, 240 black adults out of 100,000 become entrepreneurs. 290 white adults and 310 Asian adults, on the other hand, did not.

Kauffman Indicators of Entrepreneurship (Kauffman Indicators of Entrepreneurship)

40. In 2018, 81 percent of black entrepreneurs launched a firm based on opportunity rather than need.

According to the Kauffman Indicators for Entrepreneurship, 81 percent of black entrepreneurs in 2018 launched a firm out of opportunity rather than need. In contrast, 86% of white entrepreneurs, 85% of Latino entrepreneurs, and 92% of Asian entrepreneurs felt the same way.

Kauffman Indicators for Entrepreneurship (Kieffman Indicators for Entrepreneurship)

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41. Black entrepreneurs make up the biggest segment of all persons of color entrepreneurs.

Black entrepreneurs account for more than one-third of all persons of color entrepreneurs (36%). Furthermore, Latino/Hispanics are the second-largest group (24 percent ). Asian-Americans account for 18% of the population, with 10% being mixed race.

Guidant Financial is the source of this information.

Business services are offered by 42.2% of black entrepreneurs.

According to Guidant Financial, one out of every five black entrepreneurs provides business services (20 percent ). Health, beauty, fitness, and cuisine are some of the other major businesses.

Guidant Financial is the source of this information.

Profitable black businesses account for 43.72 percent of all businesses.

According to figures for 2020, 72 percent of all black businesses are profitable. By contrast, 78 percent of all enterprises are. As a result, we may deduce that black businesses are less lucrative on average.

Guidant Financial is the source of this information.

Statistics on Entrepreneurship Around the World

With a Global Entrepreneurship Index of 83.6, the United States is the greatest nation for entrepreneurs.

The US has the greatest atmosphere for entrepreneurs and creating enterprises, according to the Global Entrepreneurship Index (GEI) for nations throughout the globe. The GEI for the United States was 83.6. Furthermore, Switzerland is ranked second on the list (80.4). In addition, Canada, the United Kingdom, and Australia are on the way. Finally, with a GEI of just 9, Chad sits at the bottom of the list.

GEI is the source of this information.

San Francisco, New York, and London are the three finest cities in the world for venture capital agreements.

Three locations in the globe stand out as the greatest for venture capital agreements, according to the Center for American Entrepreneurship. San Francisco, New York, and London are the cities in question.

The Center for American Entrepreneurship is the source for this information.

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46. The Republic of Korea has the lowest percentage of persons who are afraid of failing in business.

According to Babson’s Global Entrepreneurship Monitor, there are a number of nations throughout the globe that will not start a company due to fear of failure. According to the findings, the Republic of Korea has the lowest percentage of individuals (7%) who would not start a company because they are afraid of failing. Switzerland, the Netherlands, and Italy are the next countries in line after South Korea.

Babson College

47. There are 582 million entrepreneurs in the world.

According to the Global Entrepreneurship Monitor, the world’s entrepreneurs number 582 million. This is a significant amount, indicating that entrepreneurship is alive and well all across the globe.

Global Entrepreneurship Monitor is the source of this information.

New Zealand is ranked first in the World Bank’s Ease of Doing Business Index at number 48.

New Zealand was placed top in the world in the World Bank’s Ease of Doing Business Index. Singapore and Hong Kong are in second and third rank, respectively, with Denmark in fourth place.

The World Bank is the source of this information.

In the globe, 49.18.7% of entrepreneurs are in partnership with a family member.

According to statistics from 2019, almost one in every five entrepreneurs (18.7%) in the globe is in a partnership with a family member. This is especially true in places like Colombia, the United Arab Emirates, and Uruguay. Family enterprises account for more than one-third of all firms in these three nations.

Global Entrepreneurship Monitor is the source of this information.

50. In the United Kingdom and Belgium, it takes five days to establish a firm, but in the United States, it takes four days.

According to World Bank statistics, starting a firm in the United Kingdom and Belgium takes just five days. Furthermore, in the United States, it takes four days. In addition, it takes two days in Canada, Australia, and Singapore, but just one in New Zealand.

The World Bank is the source of this information.

51. In 2017, 12.2 percent of the adult population in Australia decided to establish a company.

In 2017, 12.2 percent of Australians aged 18 to 64 were either beginning a company or in the early stages of operating one. If you’re wondering how many people establish a company in Australia, the numbers suggest that it was roughly 1.8 million in 2017.

Global Entrepreneurship Monitor is the source of this information.

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Statistics on the Growth of Entrepreneurship

52. The number of female entrepreneurs has increased by 114% in the last 20 years.

According to American Express data, the number of female entrepreneurs has increased by 114% in the previous 20 years. In contrast, all firms grew at a pace of 44 percent during the same period.

American Express is the source of this information.

53. Those who start a company in an area in which they have prior expertise are 125 percent more likely to see rapid development.

According to the National Bureau of Economic Research, those who have prior expertise in the sector in which they intend to establish a company are more likely to succeed. They are 125 percent more likely to reach rapid growth in certain circumstances.

National Bureau of Economic Research (NBER)

54. Subscription firms rose by nearly 435 percent between 2011 and 2020.

Subscription companies expanded by almost 435 percent between 2011 and 2020, according to fascinating figures from Zuora. Netflix and food delivery services stand out among subscription companies. Furthermore, subscription businesses may be found in a wide range of industries, including music, gyms, internet, supermarkets, and more.

Zuora is the source of this information.

Statistics on Millennial Entrepreneurs

Millennials account for 55.13 percent of all entrepreneurs in the United States.

13 percent of current and prospective small company owners in the United States are Millennials, according to a survey of 2,400 existing and aspiring small business owners in the United States. This information comes from the statistics for the year 2021.

Guidant Financial is the source of this information.

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The only aim of companies, according to 56.86 percent of Millennials, should not be to make a profit.

According to millennial leadership statistics, 86 percent of Millennials believe that firms should aim for more than just profit. They should instead be of service to the whole globe.

Deloitte is the source for this information.

Women make up 57.28 percent of Millennial entrepreneurs.

Women account for more than a quarter of Millennial entrepreneurs (28 percent). Furthermore, this figure is 13% higher than the national average. Women are also 22% more likely than Boomers to be Millennial entrepreneurs.

Guidant Financial is the source of this information.

Millennial male entrepreneurs are highly pleased with their jobs, according to 58.53 percent of them.

When it comes to Millennial male entrepreneurs, the majority (53 percent) are quite satisfied with their work. Furthermore, they rate their contentment on a range of nine to ten on a ten-point scale. Female millennial entrepreneurs, on the other hand, do not seem to be as content.

Guidant Financial is the source of this information.

Millennial entrepreneurs are highly satisfied as small company owners, according to 59.52 percent of them.

Millennial entrepreneurs, both female and male, report being very pleased as small company owners, with 52 percent reporting being very satisfied. In contrast, 54% of Baby Boomers perform as well.

Guidant Financial is the source of this information.

Millennials come from a family with a history of entrepreneurship in 60.78 percent of cases.

According to the Global Entrepreneurship Report, 78 percent of millennials are born into entrepreneurial households. Young individuals may learn about business and have access to the skills and resources they need to start their own firms if they come from a family of successful entrepreneurs.

Global Entrepreneurship Report (Global Entrepreneurship Report)

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Statistics on Youth Entrepreneurship

61. Young people made up 23% of small company owners/entrepreneurs in 2013.

Young entrepreneurs owned around one out of every five new small firms (23 percent) in 2013, while this percentage was higher in 1996. According to data from the time, young people accounted for 35% of all new businesses.

Kauffman Foundation is the source of this information.

62. Compared to the boomer generation, young people are launching twice as many firms.

Young people are creating twice as many firms as members of the Baby Boomer age, according to the Global Entrepreneur Report from 2016. A poll of 3,000 multimillionaire entrepreneurs from 18 countries was included in the report.

Global Entrepreneur Report (Global Entrepreneur Report)

63. On average, young adults in their 20s and 30s launch 7.7 businesses each.

Young people in their twenties and thirties are beginning many more firms than their elders. According to the 2016 Global Entrepreneur Report, young adults in their 20s and 30s launch an average of 7.7 firms. Baby Boomers over the age of 50, on the other hand, launched 3.3 enterprises or more.

Global Entrepreneur Report (Global Entrepreneur Report)

Mental Health Statistics for Entrepreneurs

64. Entrepreneurs are 50% more likely to admit to having a mental health problem.

According to Michael Freeman’s study, entrepreneurs are more likely to suffer from mental illness. They are 50% more likely to admit to having a mental health problem.

Michael Freeman is the source.

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65. Bipolar disorder is 10 times more common among entrepreneurs.

Entrepreneurs are 10 times more likely to suffer from bipolar illness, according to Michael Freeman’s studies. Furthermore, those with a creative and energetic side are more likely to be both entrepreneurial and to experience powerful emotions, such as sadness and suicide thoughts.

Michael Freeman is the source.

72 percent of entrepreneurs are affected by mental illness, either directly or indirectly.

Out of the 72 percent, 49 percent of entrepreneurs had a personal mental health history, and 23% had a family history of mental illness. This information comes from a 2019 study.

Small Business Economics is the source for this information.

67.11 percent of entrepreneurs are likely to be diagnosed with bipolar illness.

According to a study published in Small Business Economics in 2019, 11% of entrepreneurs are likely to have bipolar illness. In contrast, 4.4 percent of the general population and 1% of the comparison group are in the same boat.

Small Business Economics is the source for this information.

Statistics on Entrepreneurial Burnout

In 2018, 68.8% of entrepreneurs reported being burned out.

In 2018, 15.8 million Americans worked as entrepreneurs, with at least 8% of them suffering from burnout, according to statistics. This is unsurprising given how stressful and exhausting it can be to manage a startup or a corporation.

Inc Entrepreneurship Index is the source of this information.

69 percent of company owners (50 percent) say they are burnt out.

According to a Company Insider story, 50 percent of business owners are burned out. Leadership burnout data demonstrate that many leaders and entrepreneurs are burned out, with 50% claiming to be burned out. This is also a consequence of people who suffer from depression and report experiencing depression’s impacts.

Business Insider is the source of this information.

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70. Nearly half of entrepreneurs (45%) say they are stressed.

According to the Gallup Wellbeing Index, over half of all entrepreneurs (45 percent) are stressed. On the other side, 42% of other employees feel the same way. Entrepreneurs, on the other hand, are more stressed than other employees, according to this study. Meanwhile, they are more concerned (34 percent) than other employees (30 percent).

Gallup is the source of this information.

Statistics on ADHD Entrepreneurs

71. ADHD is likely to affect almost one-third of entrepreneurs (29 percent).

Attention deficit hyperactivity disorder (ADHD) is a health problem that affects 29% of entrepreneurs. In the 2019 study on mental health and entrepreneurs, however, 5% of the comparison group is also depressed. Furthermore, this is much more than 4.4 percent of the total population.

Small Business Economics is the source for this information.

72. ADHD sufferers are three times more likely to start their own company.

ADHD sufferers are more likely to be hyperfocused risk-takers who want to start their own company, according to studies. Furthermore, those with ADHD are three times more likely to start their own company.

Media for Your Mind is the source of this information.

73. People with ADHD are 60-8 percent more likely to want to start a business.

This is a really fascinating discovery, according to study in Small Business Economics on the relationship between entrepreneurship and ADHD. Those with ADHD are 60-80 percent (or 1.7 times) more likely to have a strong desire to start a business.

Small Business Economics is the source for this information.

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74. ADHD boosts your chances of starting a business by 100 percent.

Other figures reveal that people with ADHD are more likely to establish their own enterprises. According to Small Business Economics study, ADHD raises the likelihood of doing entrepreneurial activities by 100 percent.

Small Business Economics is the source for this information.

Statistics on Entrepreneurial Income

75. In the United States, the typical entrepreneur earns roughly $61,000 per year.

The typical entrepreneur in the United States makes roughly $61,000 per year, according to the US Census Bureau. Furthermore, income differs amongst various groups and ethnicities.

Census Bureau, United States of America

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In the United States, the typical white entrepreneur earns $64,000 per year.

An typical white entrepreneur earns more than the average US entrepreneur, who earns $61,000 per year. In the United States, an average white entrepreneur earns $64,000 a year. A non-entrepreneurial white individual, on the other hand, makes roughly $50,000 per year.

Census Bureau, United States of America

In the United States, a black entrepreneur makes an average of $38,000 per year.

An average black entrepreneur makes $38,000 per year, according to the US Census Bureau. An typical black individual who is not an entrepreneur, on the other hand, earns $35,000 per year.

Census Bureau, United States of America

78. The average yearly income of an Asian entrepreneur is $63,000.

According to the United States Census Bureau, Asian entrepreneurs earn an average of $63,000 a year, almost the same as white entrepreneurs ($64,000). Non-entrepreneurial Asians, on the other hand, earn an average of $58,000 a year.

Census Bureau, United States of America

79. The typical Latino entrepreneur earns $36,000 every year.

An average Latino entrepreneur in the United States earns $36,000 per year. In contrast, non-entrepreneurial Latinos earn $33,000 per year on average.

Census Bureau, United States of America

Entrepreneur Statistics in the United Kingdom

80. The UK will have 5.9 million small companies by 2020.

According to the Federation of Small Enterprises, the UK will have 5.9 million small businesses in 2020. However, there were 5.5 million small enterprises by the start of 2021. It’s possible that the lower number is attributable to the COVID-19 epidemic.

FSB is the source of this information.

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81. More than six out of ten UK employees desire to establish their own company.

According to SME Loans data, 64% of the UK workforce aspires to be an entrepreneur and start a firm. Seventy-five percent of them are based in London. Furthermore, Generation Z accounts for four out of every five of those surveyed.

SME Loans is the source for this information.

82. In the United Kingdom, women are in charge of 34% of small and medium-sized businesses.

Women lead one in every three small and medium-sized businesses in the United Kingdom (34 percent ). Women ran just 19 percent of small firms in 2017, according to the Bureau of Labor Statistics.

The HR Director is the source.

83. In the United Kingdom, more than nine out of ten entrepreneurs are white.

The great majority of UK entrepreneurs are white, according to Startups research (93 percent ). This indicates that ethnic minorities account for just 7% of all entrepreneurs in the nation. However, this represents improvement, since just 5% of those were present in 2004.

Startups as a source

Canada’s Entrepreneurship Statistics

84. In Canada, there are over 3.5 million entrepreneurs.

There are an estimated 3.5 million entrepreneurs in Canada. According to Startup Canada, they come from various industry and specialties.

Startup Canada is the source for this information.

85. Those aged 25 to 44 are the most likely to start a company out of all Canadians.

Younger generations of Canadians are more likely to establish their own company than older generations (25 to 44 years old). Furthermore, younger generations accounted for almost one-third of all entrepreneurial activity in 2018.

BDC/ic.gc is the source of this information.

86. More than four out of ten Canadian companies fail due to a lack of demand for their services or goods.

According to FundSquire research, 42 percent of Canadian companies fail because to a lack of market demand for their goods and services. Furthermore, 29% of them fail due to a lack of finances or means at some point. Some also fail due to a lack of the suitable team (23 percent), being outcompeted (19 percent), and other factors.

FundSquire is the source of this information.

In the first year, 87.20 percent of Canadian companies fail, and 60 percent fail within the first three years.

According to FundSquire, one out of every two Canadian companies (20%) fails in the first year, and 60 percent fail during the first three years. To summarize, Canadian startups have a significant chance of failure.

FundSquire is the source of this information.

1640873901_309_The-Ultimate-List-Of-91-Entrepreneur-Statistics-For-2022

Statistics on Entrepreneurial Depression

88. Entrepreneurs are twice as prone to be depressed as the general population.

Another fascinating study by Michael Freeman is that entrepreneurs are more prone to suffer from depression. They are, in fact, twice as prone to experience depression.

Michael Freeman is the source.

In comparison to 16.6% of the general population, 89.30 percent of entrepreneurs are likely to be depressed.

30 percent of entrepreneurs are likely to feel sad, according to a study published in Small Business Economics. On the other hand, 15% of the individuals in the comparison group are. In contrast, 16.6% of the overall population is likely to be depressed.

Small Business Economics is the source for this information.

The Percentage Of Entrepreneurs Who Fail vs. Those Who Succeed

90 percent of new firms fail during the first two years of operation (20 percent).

According to the United States Bureau of Labor Statistics, 20% of new firms fail in their first two years. Furthermore, 45 percent of entrepreneurs fail during the first five years of their business. Furthermore, 65 percent of those that start a business fail within the first ten years.

Source: Bureau of Labor Statistics of the United States of America

1640873902_62_The-Ultimate-List-Of-91-Entrepreneur-Statistics-For-2022

91. Eighty percent of new enterprises are still operational after a year.

After a year, the proportion of successful businesses has risen to 80%. According to the Kaufmann Early Start-up Survival Rate, this is the case. According to the Bureau of Labor Statistics, after five years, the survival rate drops to barely 50%.

Kauffman Indicators of Entrepreneurship (Kauffman Indicators of Entrepreneurship)

The Final Word

Finally, entrepreneur statistics reveal the condition of entrepreneurship throughout the globe, in various nations, and among different genders and ethnicities. Furthermore, it demonstrates how successful various generations are in their entrepreneurial endeavors, as well as how mental health, depression, stress, and other factors impact entrepreneurs. These data might be very useful for anybody considering or intending to become an entrepreneur.

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The “interesting business facts 2021” is a list of 91 entrepreneur statistics for 2022. The list includes interesting stats about entrepreneurs, including the percentages of women and men who start their own businesses, the percentage of people who are self-employed, and many more.

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