Get All Access for $5/mo

Entrepreneurship Today: Starting Up Is Optional (Infographic) Long over are the days when being an entrepreneur was defined solely as being a business owner.

By Andrea Huspeni

When it comes to being an entrepreneur, it's all in your head.

While many business owners are proud to call themselves entrepreneurs, 90 percent of people think the word "entrepreneur" has less to do with launching a startup and more to do with an individual's state of mind.

#insert RSS here#

This idea of you are what you say you are seems to be catching on at a younger age, as 58 percent of millennials are calling themselves entrepreneurs, according to a report by online staffing platform oDesk and Generation Y consulting firm Millennial Branding. The reasons why people define themselves as entrepreneurs range widely. Though largely, survey respondents say, it couldn't hurt to go by the moniker. In fact, they add, it often helps, as 75 percent of respondents suggest that the benefits of entrepreneurship outweigh the downsides.

The survey surveyed 3,193 individuals with 1,958 being from the millennial generation -- a segment of the population they defined as individuals born between 1982 and 1993.

For more on why people want to work for themselves and how many of them are ready to take the plunge into the entrepreneurship, check out the infographic below.

Entrepreneurship Today: Starting Up Is Optional (Infographic)
Andrea Huspeni

Articles Editor

Andrea Huspeni is the articles editor at Entrepreneur.com. 

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

Editor's Pick

Franchise

How to Know If a Local Business Has Franchise Potential, From a Guy Who Built One Into 80 Locations

Wade Brannon had already built and sold one franchise when a kid's hair salon in his area caught his interest.

Business News

Amazon Is Reportedly Tracking 'Coffee Badging' Workers and Their Real In-Office Hours

Leaked Slack messages showed employees had a minimum number of hours they needed to be in the office for the time to count as an in-office day.

Side Hustle

This Former Disney Princess Lived 'Paycheck to Paycheck' Before Starting a Side Hustle at Home — Now She Makes $250,000 a Year

Victoria Carroll's income was "sporadic" until a friend encouraged her to take her talents to Fiverr in 2018.

Leadership

I Was Reappointed as CEO — Here Are 2 Ways a Fresh Perspective Helped Me Unlock New Growth For My Company

When stepping into a new CEO role, striking the right balance between listening and action is the key to moving the business forward