 |
|
The perfect age to start your business
The typical entrepreneur in the UK set up their first business at the age of 35, but wishes they had started at 29, according to a survey from Abbey Business Banking. Most business owners took the entrepreneurial plunge after holding junior, rather than management positions within companies, the survey finds.
The overwhelming majority quit their existing job before setting up their own business, with only one per cent working for someone else on the side.
Less than half of respondents (44 per cent) say they work more hours since setting up on their own. However, about one-fifth (22 per cent) work 60 hours or more, with a tenth (ten per cent) of all respondents admitting they ‘live to work’ rather than ‘work to live’.
The survey was conducted by ICM, which questioned 255 owners of small and medium-sized enterprises.
Related Articles |
Interesting links
Other Sector Watch
- Investment veteran airs fears over UK biotech Oct 21 2008
- Talking rubbish Jul 28 2008
- Crisis?– what crisis? Jul 01 2008
- Let the
drilling begin
May 13 2008 - Bargains on the high street
Mar 13 2008
M&A News
- Highcross buys Trehaven’s Westport Land Nov 21 2008
- Hertford cashes in on Cheque Exchange Nov 20 2008
- Talbot Hughes McKillop’s Kroll MBO Nov 20 2008
- Cabinet member calls for more VC Nov 19 2008
- United Drug takes The Specials Lab medicine Nov 19 2008
Special Offers
- 2008 AIM Guide: Jul 17 2007
- Growth Company Investor Magazine: Jul 17 2007
- Cash Shells 2007 - Research report Jul 17 2007
- Venture Capital Trusts Jul 04 2007
M&A Deals
- Valmont supports Stainton Metals’ expansion plans Nov 21 2008
- GlaxoSmithKline makes deal with AstraZeneca Nov 21 2008
- Amino Technologies to acquire Tilgin division Nov 20 2008
- Wincanton and Culina make chilled deal Nov 20 2008
- Devilfish makes Paramin Poker deal Nov 19 2008
Business Diary
- M&A Expanding internationally 27th November
- Rosenblatt New Energy Awards 2009 25th February