Majority have ambition to start own business

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By IE&M Research

GoDaddy has released a survey, ‘Future of Work’, which polled 1,200 respondents in India working in small or mid-sized organisations, out of a global pool of 7,023. The survey had a mix of fresh entrants to mid-career professionals and those exiting workforce, with over half of them planning to startup in the coming decade.

And the result –

70% – said they decided to start their own business while they were working, as opposed to the global trend of starting up while still in college or after graduation.

60% – those who planned on starting up over next 10 years.

62% – entrepreneurs who wanted their business to expand beyond India.

67% – said new technologies have led to newer opportunities.

72% – believe online presence was essential for gaining customers.

5% – believe work experience is essential for entrepreneurship.

12% – said education is essential.

About the author: IE&M Team
Indian Economy & Market is an Indian media and information platform producing data-backed news and analysis on all the vital elements at the intersection of the economy, stock markets, mutual fund, insurance, commodities, currency, technology, startups and business.

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