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Entrepreneurs 'have a sense of destiny'
29/03/2007
Some 90 per cent on British entrepreneurs cite being able to take control of their own destiny as a major reason for setting up in business alone, new research suggests.
Providing a secure future for themselves and their families is another common reason for setting up a business, according to Mastercard Worldwide.
Indeed, 61 per cent of businessowners indicate that they take control of their own firms in order to build a legacy for future generations of their families, the credit card company states.
Many of the UK's entrepreneurs would have established their companies with the help of business loans, which are offered by a number of the high street banks.
Commenting on the findings, Tuuli Perkio, vice president of small business market at MasterCard Europe, remarks: "The search for The Apprentice [BBC television show] is set once again to captivate the nation and provide us with another timely reminder of the British public's traditional admiration for successful entrepreneurs.
"Many Brits clearly regard breaking out of the large-corporate working environment and working for themselves instead as … an attractive lifestyle change."
It also allows them to achieve their own self-development aims and aspirations, he added.
Providing a secure future for themselves and their families is another common reason for setting up a business, according to Mastercard Worldwide.
Indeed, 61 per cent of businessowners indicate that they take control of their own firms in order to build a legacy for future generations of their families, the credit card company states.
Many of the UK's entrepreneurs would have established their companies with the help of business loans, which are offered by a number of the high street banks.
Commenting on the findings, Tuuli Perkio, vice president of small business market at MasterCard Europe, remarks: "The search for The Apprentice [BBC television show] is set once again to captivate the nation and provide us with another timely reminder of the British public's traditional admiration for successful entrepreneurs.
"Many Brits clearly regard breaking out of the large-corporate working environment and working for themselves instead as … an attractive lifestyle change."
It also allows them to achieve their own self-development aims and aspirations, he added.