These stats disturbed me!

I recently came across some statistics that got my attention . . .

In order to gain a deeper understanding of the motivations and desires of entrepreneurs, Amway conducted the Amway Global Entrepreneurship Report where they researched key drivers and behaviors of entrepreneurs.

This year they focused on the “entrepreneurial spirit” (see why this got my attention!) and surveyed of 50,000 people across the globe.

They discovered all kinds of interesting things but the three things that stood out to me the most were:

  1. Female respondents are less willing to start a business compared to male respondents because they feel less likely to be supported by those close to them
  2. As age increased, respondents are less inclined to becoming self-employed
  3. 70% of respondents said FEAR of failure was the #1 obstacle to becoming an entrepreneur (even if they wanted to be one)

Okay, this is NOT okay – check out my rant and huge dose of encouragement if you fall into one of the above categories in my vlog.

I reflected on these stats quite a bit and considered what kind of encouragement I could share that would actually be strategically helpful.

And here’s what I came to . . .

When it comes to becoming an entrepreneur or making any kind of change that involves risk, feeling supported is the only way to make it easier. Feeling like we have to do everything on our own or that we will not be encouraged along the way will stop many of us from going after our dreams.

Why? Because if you haven’t noticed, we live in an interdependent world. We crave connection. In fact, we thrive on it.

We need people to cheer us on. To tell us it is not too late and we are not too old. We need people who remind us of our gifts when we have forgotten. We need people who will reassure us that the only true failure is not ever trying.

We also need people who are like-minded and doing similar things. We need people who are a little beyond us on the path to lend trusted and front-line tested advice. We need mentors and advocates in our corner to help us navigate.

I am speaking from first hand experience when I say we need this kind of support. I would not be where I am today without my tribe. There have been SO many people personally and professionally that have had a direct hand in my success.

I did not do it alone. And you don’t have to either. In fact, please do not even try!

Now you may be thinking, “Well jeez it’s nice you had this support but I’m not like that, I don’t have anyone.”

Okay even if that is 100% true, which I highly HIGHLY doubt, you are just as capable as anyone else at going out and finding those people. There are countless networks, organizations and like-minded people out there. They are not going to come knocking on your door, though. You must go seek them out. I did. I asked for help. Sometimes I got a “no” but I would rather get a “no” than miss out on getting a “yes.” (Tweet this!)

And guess what? There are people out there who want to help you and support you. Please do not spend your time obsessing about the people who don’t. Stop trying to convince naysayers of your dreams (they are just projecting their fear onto you, shake it off!)

Now more than ever it is time for us all to tap into our entrepreneurial spirit  — no matter our gender, age or race. We must be the change we want to see in the world. We cannot let fear or any kind of intimidation stop us.

You are not alone.


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