Successful Entrepreneur Statistics to Know

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If you’re an entrepreneur or small business owner, are you following in the footsteps of the greats who came before you? There’s no one “right way” to be an entrepreneur, but the most successful seem to have a few things in common. For starters, they notoriously get up very early (as do creatives). For many, about 4 a.m. seems to be the magic hour, and that makes sense. It’s quiet, your email probably isn’t getting bombarded, and many find inspiration in the dawning light.


Does this mean you have to force yourself to get up in the middle of the night if you’re a night owl? Of course not. Listen to your body, especially if waking up at 4 a.m. means you’d only get a couple of hours of sleep. Consider the statistics of successful entrepreneurs and interesting knowledge that you may or may not adapt and adopt to fit your lifestyle.

According to a Kauffman report, 75 percent of successful entrepreneurs were ranked malta phone number resource in the top 30 percent of their high school class. It’s no surprise that success early in life can and does lead to success later in life. Regardless of what you think about standardized tests, high school can prepare students to learn the system and abide by traditional regulations.

Kauffman also reports that just over 80 percent of successful entrepreneurs were “unable to find traditional employment.” This, of course, can go many directions. Some people are truly cut out to be business owners and feel shackled by the confines of classical employment. Does that mean everyone out of a job or who can’t hold one is a billionaire entrepreneur in the making? Of course not (but it does help soothe the wounds of failed interviews!).

What Makes a Successful Business Owner?

With over 90 percent of successful entrepreneurs armed with at least a bachelor’s degree, it’s clear that education—including formal education—is important. While exceptions like Steve Jobs are what headlines and movies focus on, that’s not the norm. Kauffman also found that 69.9 percent of respondents were married when they founded their business, pointing to the importance of success both personally and financially. Plus, 59.7 percent had at least one child, which just goes to show that family life can fit into small business ownership success.