The Franchise King®

Studying The DNA of An Entrepreneur

(Courtesy of Hiscox, the first company in the U.S. to offer insurance for small professional services businesses direct, online, and in real-time.)

(This post may contain affiliate links. Please read my disclosure policy).

A survey just released by Hiscox has discovered that today’s entrepreneurs may be losing sleep but they’re definitely not losing hope. Hiscox surveyed 3,000 small business owners in the USA and Europe; the survey offers first-person insights into entrepreneurs’ thoughts and behaviors as they cope with the economic crisis.

The 2012 eDNA survey highlights include:

  • Optimism presides: Many more small businesses are optimistic (48%) than pessimistic (27%) despite tough times in the last year.
  • Stresses and strains: The downturn has brought more stress to 43% of small business owners, and 31% reported sleeping problems. More women reported stress, sleeplessness and health problems than men
  • Few small businesses seek outside help: Only 22% of small businesses had turned to outside help from elected representatives and business groups – and those that did preferred a business organization or a local representative to a national politician.
Here’s an infographic that goes into a bit more detail..


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entrepreneur dna infographic

If you’re an entrepreneur, are you losing sleep? Are you losing hope?

Or, are you starting to feel a little better about things?


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joel libava

I'm The Franchise King®, Joel Libava. I help prospective franchise owners avoid bank account emptying mistakes.
For 23 years, I’ve been showing people how to make smart, informed decisions on franchises to buy, and I can help you, too!
P.S. I'm not a franchise consultant/broker.

Joel is Highly Principled
There are many people in the franchise business who claim to to be experts in the field. Unfortunately many of them lack both knowledge and integrity. Joel, however, is without question one of the most qualified and principled people I know, in or out of his industry."
- Greg Reynolds, Retired Outplacement Counselor
"Many receive advice, only the wise profit from it."
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