Sunday, November 1, 2009

Happy Entrepreneurs

The times are tough.
Consumer confidence keeps falling.
Our retirement accounts are hollow shells of their old selves.

And yet, people who work for themselves don't seem to regret it for a moment.

At least, not according to a survey released this week by business networking site and a professor from the University of Washington’s Foster School of Business.

The survey asked nearly 1,000 small business owners a variety of questions about their companies and the challenges they face. They found:

Passion and values continue to be the leading motivations for starting a business. Nearly one-third of respondents said the most important reason for starting their business was that they wanted to do something they enjoy. Another 25% cited the fact that they did not want to work for someone else. And, while only 60% of the respondents said they were satisfied with the performance of their business, 91% claim they are satisfied with their decision to work for themselves.

I know a lot of entrepreneurs and I'd say that sounds pretty familiar. And you can count me on in on that, too.

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