Factsheet International Start-ups
Of the 7 billion people on earth 400 million are entrepreneurs. This means that 1 out of 18 people manage their own business.
- The most entrepreneuring countries are (according to entrepreneurs as percentage of population):
- Uganda 28.1%
- Thailand 17.7%
- Brazil 13.8%
- Cameroon%
- Vietnam 13.3
- The developing countries are the most entrepreneuring.
- The top reasons why start-up businesses are unsuccessful:
- There is not a need for the product,
- Cash flow problems,
- The wrong team,
- To much competition,
- The product is too expensive,
- The return on the investment is to low.
- Success of Start-ups
- 90% of all start-ups are unsuccessful, although 68% of the entrepreneurs believe that their idea is unique.
- The top 3 sectors that are financed:
- Software
- Media/ Entertainment,
- Bio-technology.
- How are businesses financed internationally?
- Self-financing: 82%
- Loans and credit: 41%
- Friends and family,
- Crowdfunding,
- Investment capital.
- In 2012 were 36% of businesses owners female. This is as an increase of 30% since 2007.
- Are you a born entrepreneur?
- Your personality and creativity does not fit into the 9-5 environment,
- You enjoy learning new things,
- Your ideas are regarded as “extraordinary”,
- You woud like to create things with a deeper and lasting meaning,
- You would like make the world a better place.
- Why do people engage in an entrepreneurship?
- Money,
- The flexibility to be your own boss,
- To control the decision making process,
- To choose the team that will work with you,
- To leave a legacy.
- Start-ups with two partners are the most successful.
- It is 3 times more likely that you will have your own business if you rebelled as a teenager.
- The average entrepreneur:
- 95.1% have a University Degree,
- 70% is married,
- 51% is the first of their family that owns a business.
- How do the top 3 industrialized countries compare in term of entrepreneurship?
- The USA is number 42 of the most entrepreneuring countries,
- Only 32,12% of people in China have their own business,
- Japan is the 4th lowest entrepreneuring country in the world.
- The top least entrepreneuring countries:
- Suriname 0,2%
- Italy 1.3%
- Japan 1.3%
- Puerto Rico
- France 1.7%
- 2 out of 3 people worldwide consider entrepreneurship a good career choice.
- How can an entrepreneur be successful?
- Believe in yourself!
- Focus on the things you care about,
- Build a good team,
- Do not give up!
- The top 15 Start-up Eco-systems
- Boston
- Silicon Valley
- New York City
- Los Angeles
- Tel Aviv
- London
- Chicago
- Seattle
- Berlin
- Singapore
- Paris
- Sao Paulo
- Moscow
- Santiago de Chile
- Bangalore
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