Get All Access for $5/mo

The Diversity of Entrepreneurs in the U.S. (Infographic) From age to ethnicity to gender, entrepreneurship is becoming increasingly diverse.

By Rose Leadem

Opinions expressed by Entrepreneur contributors are their own.

Geber86 | Getty Images

New businesses are popping up every day. In fact, an estimated 550,000 open up each month just in the United States.

Of these businesses, approximately 60 percent are launched by men, but women aren't far behind, launching businesses at six times the national average. Of these female entrepreneurs, African American women are the fastest growing demographic.

Unfortunately though, launching a business doesn't equate to success. Three-fourths of new businesses only last a year. Your best bet is to open a business in finance, insurance or real estate, which have the highest survival rates in the country.

Related: Female Entrepreneurship Is on the Rise (Infographic)

Don't let that discourage you though. The world needs entrepreneurs and new businesses: They create jobs, offer new products and/or services, help the economy grow, boost communities and sometimes even spark social change.

To learn more about entrepreneurship in the U.S., check out Lance Surety Bonds's infographic below.

Rose Leadem is a freelance writer for Entrepreneur.com. 

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Editor's Pick

Business News

Is One Company to Blame for Soaring Rental Prices in the U.S.?

The FBI recently raided a major corporate landlord while investigating a rent price-fixing scheme. Here's what we know.

Side Hustle

This Former Starbucks Employee Started a Side Hustle That's Making More Than $70,000 a Month — and He's Not Done Yet

When Tom Saar moved to New York City, he spotted a lucrative business opportunity.

Business News

Amazon Has a Blank Book Problem: Buyers Report Receiving Fakes of Bestselling UFO Book

The book looked fine on the outside, but the inside was out-of-this-world.

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.

Marketing

6 SEO Tips to Help You Rank in the New Era of Quality Content

What is the best SEO strategy after Google's March 2024 core update? Here's what you need to know.

Business News

Paramount Leadership Alludes to Layoffs If Merger Does Not Go Through

Paramount is awaiting approval on its merger with Skydance Media from majority shareholder Shari Redstone.