Like Father, Like Son?
Entrepreneurial history repeats itself.
A recent study conducted by Ohio State University gives new meaning to the notion that parents set strong examples for their children. The survey, analyzed by economists Thomas A. Dunn and Douglas Holtz-Eakin at Syracuse University, reveals that parents' actions have a direct influence on their kids becoming entrepreneurs.
According to the findings, sons were nearly three times as likely to become self-employed if their fathers were self-employed; 32 percent of those with entrepreneurial fathers started a business, compared with only 12 percent of sons without self-employed fathers. Similarly, 24 percent of daughters with entrepreneurial mothers also donned entrepreneurial hats, while just 13 percent of daughters whose mothers weren't self-employed did so.
Continue reading this article - and everything on Entrepreneur!
Become a member to get unlimited access and support the voices you want to hear more from. Get full access to Entrepreneur for just $5.
Get 3 months free with code zendesk
Presented by Zendesk
Entrepreneur Editors' Picks
-
These Co-Founders Are Using 'Quiet Confidence' to Flip the Script on Cutthroat Startup Culture and Make Their Mark on a $46 Billion Industry
-
My 7-Year-Old Daughter Started Selling Eggs. Here's What She Taught Me About Running a Startup.
-
Why You Need to Become an Inclusive Leader (and How to Do It)
-
Career Transitions You Can Make in Your 40s and 50s
-
Billionaire Naveen Jain Is an Expert at Disrupting Fields He Has No Experience In. His Secret Sauce for Building Multi-Million Dollar Companies? 'You Have to Come as Naive.'
-
4 Principles to Develop Next-Level Leadership at Your Company
-
This Filipino American Founder Is Disrupting the Beverage Aisle by Introducing New Flavors to the Crowded Bubbly Water Market
