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Anatomy of entrepreneurs: Family Background and Motivation

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para blog de mireya

Good morning friends,

I present you to Sergio Parrales ,   he come from Mexico and he is entrepreneur. He wanted to collaborate in the blog and this is his result.


Antomy of entrepreneurs: Family Background and Motivation


A study just released in July, by the Kauffman Foundation of Entrepreneurship has shed some light into the life and motivation of Entrepreneurs, their family and school backgrounds as well as their early interests to start a company, in order to better understad their motivation for starting a business.

Regarding their school backgrounds, the study that most entrepreneurs has bachelor’s degrees (95,1%) which is very different from the general idea of college drop- outs we have about entrepreneurs ( Steve Jobs, Bill Gates ..etc), even more surprising was the fact that 47% of the surveyed entrepreneurs had more advanced degrees. The study also found out that most entrepreneurs (75%) were among the top 30% of their high schools , the study also found that most of these entrepreneurs did far better in High School that they did in College , with 67% being on the top 30% of their undergraduate class. This shows that from a young age entrepreneurs show a high interest in school and they stived to succeed in life at a young age.

This study also studied tha family background of entrepreneurs. They found that 2/3 of the surveyed entrepreneurs came from middle class families , which shows that a very small amount of entrepreneurs where from rich prominenet families. This study also showed that only half of the parents of entrepreneurs finished a bachelor’s degree.

Finally  regarding their motivation for becoming entrepreneurs , most of them indicated they started their own business in order build wealth (74.8) also the majority of the respondents had worked as employees for other companies before starting their businesses 60.3 percent of the surveyed confessed that working fo others was not very appealing form them, and was one of the main reasons why they pursued having their own business.

This is an extremely important study which shows that most of our previous perceptions about entrepreneurs we wrong! Entrepreneurs are dedicated, hard working , family oriendted individuals who usually have an idea and are not afraid to break our from the norm, take risks and fail in multiple occasions to get what they want!

Sergio Parrales

” Thanks Sergio for collaborate in my blog like entrepreneur “, Mireya

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