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What are the entrepreneurship trends for 2020/2021?

Are millennials the future of entrepreneurship?

  • Many people put entrepreneurship on a pedestal. As a result, people at a very young age are being encouraged to become entrepreneurs when they grow up. This idea took deep roots in many of America’s young people’s minds. In fact, 12% of all SMEs have Millennial owners (Guidant Financial, 2020).

Are entrepreneurs more risk-taking?

  • A 12-year study found that both voluntary emigration and entrepreneurship were associated with a higher propensity for risk-taking. What’s So Special About Founders? Popular notions about them are often wrong.

Is it hard to become a successful entrepreneur in the US?

  • This idea took deep roots in many of America’s young people’s minds. In fact, 12% of all SMEs have Millennial owners (Guidant Financial, 2020). However, it is really hard to become a successful entrepreneur.

image-What are the entrepreneurship trends for 2020/2021?
image-What are the entrepreneurship trends for 2020/2021?
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