{"id":5420,"date":"2017-04-13T10:39:37","date_gmt":"2017-04-13T08:39:37","guid":{"rendered":"http:\/\/greatpeopleinside.com\/?p=5420"},"modified":"2017-04-13T10:40:22","modified_gmt":"2017-04-13T08:40:22","slug":"entrepreneurial-potential","status":"publish","type":"post","link":"https:\/\/greatpeopleinside.com\/fi\/entrepreneurial-potential\/","title":{"rendered":"Entrepreneurial Potential all over the World"},"content":{"rendered":"<p>&nbsp;<\/p>\n<p>People who are naturally drawn towards entrepreneurship have a different mind-set altogether. These are people are willing to break the established business models and transform the way we do business through futuristic and a more enhanced approach to commerce. This type of ethos leads to relentless energy in being creative, taking risks and stimulating more critical analyses of the situations at hand.<\/p>\n<p>But before starting up as an entrepreneur, there should be entrepreneurial potential whether we talk about innovation within a company or in a community. And this requires <strong><em>people with potential. <\/em><\/strong><\/p>\n<p>It is a well-known fact that every country and culture around the world has a specific set of skills and abilities that make them stand out from the crowd. So, which country has the highest number of potential entrepreneurs? It may come as a surprise to everyone that it is not the United States, but rather Vietnam. They rank the highest from 45 countries in the Amway Entrepreneurial Spirit Index (AESI). Other examples include U.S. in 12<sup>th<\/sup> and Japan in 45<sup>th<\/sup>. AESI have based their rankings on 3 factors in order to determine the entrepreneurial spirit:<\/p>\n<ul>\n<li>Desire to start a business<\/li>\n<li>Willingness to engage in sustained effort<\/li>\n<li>The social impact of friends and family in discouraging them to participate in the business.<\/li>\n<\/ul>\n<p>These rankings are just a small fraction of the many incredible discoveries the 2016 Amway Global Entrepreneurship Report has made. Their annual survey is designed for the sole purpose of identifying the various entrepreneurial attitudes and potential the participating countries have. Being in its 7<sup>th<\/sup> year, this report now comprises of approximately 51,000 people spanned across 45 countries. The responses given have been arranged through numerous demographic factors such as education, gender and age.<\/p>\n<h3><strong>Attitude and positiveness<\/strong><\/h3>\n<p>Nearly 77% of the people interviewed have given a positive outlook about entrepreneurship. The percentage is relatively higher than the one in 2015 (76%) and 2014 (74%), underlining the fact that this trend is going to grow even more in the future. The top 3 countries in positive attitudes are: Norway (96%), Vietnam (95%) and Denmark (94%). Why is Vietnam so high up in entrepreneurial spirit? According to Amway\u2019s research, both men and women in Vietnam wish to start their own business due to their desire of self-fulfilment. Vietnamese are also confident in their skills of acquiring customers adding, of course, to their desire to branch out on their own.<\/p>\n<p>Although many people will agree with the idea that change is not easy, there is a general tendency towards positive attitudes when referring to new ideas and concepts. This concept is closely related to age given the fact that 82% of people under 35 share this positive outlook, in comparison to 70% of respondents over 50. The other factor taken into account is the level of education. 84% of university graduates have a positive view on entrepreneurship, but also people without a college degree (74%) are pretty positive themselves. Last but not least, gender is not a defining factor, 78% of men and 76% of women display the same positive attitude.<\/p>\n<h3><strong>Entrepreneurial potential<\/strong><\/h3>\n<p>As mentioned above, there are 45 countries that have participated in Amway\u2019s survey. Among the countries with a high score in entrepreneurial potential include: Colombia (80%), Mexico (73%) and Thailand (70%). The potential was measured based on the participants\u2019 responses to the statement: \u201cI can imagine starting my own business.\u201d Interestingly enough, older respondents felt less inclined to start their own company with people 50 or over having a potential of just 33% in contrast with 35 or under who had a potential of 52%.<\/p>\n<p>Gender also constitutes a determining factor of the willingness to start a business. Across the globe, 48% of men are more willing to start a business in comparison to 38% of women, the widest gap is present in North America: 56% men \u2013 39% women. In the number one ranked country, Vietnam, women have the same positive approach as men towards entrepreneurship: 95% and 96%, respectively \u2013 this seems to be the primary reason why Vietnam shows such good statistics when it comes to entrepreneurship.<\/p>\n<p>Another interesting\u00a0 fact discovered in Amway\u2019s survey is that the economic context, whether it\u2019s local or global, does not have an impact on entrepreneurial desire. This comes from the ambition of people being their own bosses and having the independence that comes along with it. Entrepreneurship is on a rising trend all around the world. The desire, innovation and eagerness of people offer a positive sign to many economies which are looking to continue their development.<\/p>\n<p>We\u00a0help you find the right talent, the best fit for the job and your organisation. It requires deep knowledge of your own organisation\u2019s culture and keen understanding of the candidate\u2019s personality, strengths, interests, work style and other characteristics. The\u00a0<span style=\"color: #000000;\"><a style=\"color: #000000;\" href=\"http:\/\/greatpeopleinside.com\/gr8-360\/\"><strong><u>GR8 360<\/u><\/strong><strong>\u00b0<\/strong><\/a>\u00a0<\/span>tool is excellent at developing managerial competencies, skills and behaviours. When using this assessment, you will find over 50 dimensions that come along with suggestions for future improvement and development. Our technology and solutions will do the work for you, helping you find employees who can flourish and reach the highest performance required to constantly bring your company forward.<\/p>\n<p><a href=\"http:\/\/greatpeopleinside.com\/free-demo\/\"><img src=\"http:\/\/greatpeopleinside.com\/wp-content\/uploads\/2016\/04\/B_txt_14.png\" alt=\"B_txt_14\" \/><\/a><\/p>\n<p>Sources:<\/p>\n<p>Forbes.com<\/p>\n<p>Inc.com<\/p>\n","protected":false},"excerpt":{"rendered":"<p>&nbsp; People who are naturally drawn towards entrepreneurship have a different mind-set altogether. These are people are willing to break the established business models and transform the way we do business through futuristic and a more enhanced approach to commerce. This type of ethos leads to relentless energy in being creative, taking risks and stimulating [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":5421,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[128],"tags":[90,81,89,94,95,69,39,86,91],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v15.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Entrepreneurial Potential all over the World - Great People Inside Finland<\/title>\n<meta name=\"description\" content=\"It is a well-known fact that every country and culture around the world has a specific set of skills and abilities that make them stand out from the crowd.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/greatpeopleinside.com\/entrepreneurial-potential\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Entrepreneurial Potential all over the World - 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