According to this business infographic created by oDesk, the modern take on starting entrepreneurship is based more on the entrepreneurial mindset than on actually starting your own business.
Sending out a general warning to companies regarding people in what many would consider to be "regular" jobs, on average 71% of people want to quit in order to become independent while 61% plan on quitting within the next two years. The idea of working freelance appeals to many due to the freedom to work, eat, sleep and play whenever they deem fit, creating their own schedules as a way to take back control of their lives.
Around 58% of Millennials consider themselves as possessing this entrepreneurial mindset.
Self-Starter Career Charts
See How the Entrepreneurial Mindset Impacts Business Decisions
Trend Themes
1. Entrepreneurial Mindset - The shift from starting a business to embodying an entrepreneurial mindset creates opportunities for promoting independence and flexibility in the workplace.
2. Freelancing - The desire for freelancing and remote work options is on the rise, highlighting opportunities for companies to offer more flexible working arrangements.
3. Millennial Workforce - With millennials embracing the entrepreneurial mindset at a higher rate, companies should consider the benefits of tapping into this workforce to drive innovation.
Industry Implications
1. Human Resources - The rise in demand for flexible working arrangements calls for a transformation in HR practices as companies adopt a more agile approach to talent management.
2. Freelance Platforms - As more people seek freelance work, there is a growing need for platforms to connect them with potential clients and job opportunities.
3. Technology - The availability of technology facilitates the growth of remote work opportunities and enhances productivity, providing a competitive edge for companies that embrace this trend.