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ENTREPRENEURSHIP IN A CHANGING WORK ENVIRONMENT 2016 AMWAY GLOBAL ENTREPRENEURSHIP REPORT WOMEN IN ENTREPRENEURSHIP

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Page 1: AMWAY GLOBAL ENTREPRENEURSHIP REPORT - Start · amway global entrepreneurship report women in entrepreneurship . 2 amway global entrepreneurship report 2016 edition 7th sample 50,861

ENTREPRENEURSHIP IN A CHANGING WORK ENVIRONMENT

2016AMWAY GLOBAL ENTREPRENEURSHIP REPORT

WOMEN IN ENTREPRENEURSHIP

Page 2: AMWAY GLOBAL ENTREPRENEURSHIP REPORT - Start · amway global entrepreneurship report women in entrepreneurship . 2 amway global entrepreneurship report 2016 edition 7th sample 50,861

AMWAY GLOBAL ENTREPRENEURSHIP REPORT 20162

EDITION

7TH

SAMPLE

50,861

COUNTRIES

45

PUBLISHER

AMWAY

RESEARCH INSITUTE

GESELLSCHAFT FÜR

KONSUMFORSCHUNG

SCIENTIFIC PARTNER

PROF. DR. ISABELL M.

WELPECHAIR FOR STRATEGY AND ORGANIZATION

AT THE TECHNISCHE UNIVERSITÄT

MÜNCHEN

Page 3: AMWAY GLOBAL ENTREPRENEURSHIP REPORT - Start · amway global entrepreneurship report women in entrepreneurship . 2 amway global entrepreneurship report 2016 edition 7th sample 50,861

AMWAY GLOBAL ENTREPRENEURSHIP REPORT 20163

MATTERS OF DEFINITION

ENTREPRENEURSHIP VS. SELF-EMPLOYMENT

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2016AMWAY GLOBAL ENTREPRENEURSHIP REPORT

GLOBAL KEY FINDINGS

WOMEN IN ENTREPRENEURSHIP

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AMWAY GLOBAL ENTREPRENEURSHIP REPORT 20165

GENDER-GAP FOR ENTREPRENEURIAL POTENTIAL REMAINS

STABLE FOR YEARS NOW

POSITIVE ATTITUDE ENTREPRENEURIAL POTENTIAL

38%

76%

48%

78%

GLOBAL GLOBALEUROPE EUROPE

33%

73%

44%

76%

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AMWAY GLOBAL ENTREPRENEURSHIP REPORT 20166

% %

% %

%

%

%

%

ATTITUDE ONLY SLIGHTLY DIFFERING IN LATVIA, LITHUANIA AND

ESTONIA

84% 92%

Lithuania Estonia

79% 90%

87%

Latvia

82%

POSITIVE ATTITUDE ENTREPRENEURIAL POTENTIAL

47% 42%

57% 55%

40%

60%

Page 7: AMWAY GLOBAL ENTREPRENEURSHIP REPORT - Start · amway global entrepreneurship report women in entrepreneurship . 2 amway global entrepreneurship report 2016 edition 7th sample 50,861

%

AMWAY GLOBAL ENTREPRENEURSHIP REPORT 20167

%

%

% %

%

DENMARK

95

LATVIA

POSITIVE ATTITUDE OF WOMEN HIGHLY DIFFER AROUND THE

WORLD

34

87%40%

TURKEY

40

30POSITIVE ATTITUDE ENTREPRENEURIAL POTENTIAL

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AMWAY GLOBAL ENTREPRENEURSHIP REPORT 20168

THE AMWAY ENTREPRENEURIAL SPIRIT INDEX

(AESI)

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AMWAY GLOBAL ENTREPRENEURSHIP REPORT 20169

THE AESI

HOW DOES IT WORK?

SCORE

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AMWAY GLOBAL ENTREPRENEURSHIP REPORT 201610

% %

% %

% %

MEN ARCHIVE HIGHER AESI SCORE*

52 59

41 52

47 52

DESIRE

FEASIBILITY

STABILITY

5547

*Average of all 45 surveyed countries

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AMWAY GLOBAL ENTREPRENEURSHIP REPORT 201611

78%

35%

57%57

AESI IN LATVIA, LITHUANIA AND ESTONIA

DESIRE STABILITYFEASIBILITY

43%

33%

50%42

46%

27%

43%39

EstoniaLithuania Latvia

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AMWAY GLOBAL ENTREPRENEURSHIP REPORT 201612

Entrepreneurship is more than just officially starting a business. People need

the desire to start a business, have to be confident enough and need to have

the necessary mental strength, despite a possible lack of backing from their

friends or family. It is therefore important to not just support entrepreneurship

education and entrepreneurship funding programs, but to promote the

concept of entrepreneurship and self-employment for everyone – regardless

of gender - to boost acceptance within society.

ENTREPRENEURSHIP IS MORE THAN STARTING A BUSINESS.

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AMWAY GLOBAL ENTREPRENEURSHIP REPORT 201613

% % %

% % %

INDEPENDENCE AND SELF-FULFILLMENT STRONGEST

MOTIVATORS FOR STARTING A BUSINESS FOR BOTH GENDERS*

47% 46% 38%

INDEPENDENCE SELF-FULFILLMENTSECOND

INCOME

53% 47% 37%

*Average of all 45 surveyed countries

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AMWAY GLOBAL ENTREPRENEURSHIP REPORT 201614

% % %

% % %

INDEPENDENCE AND SELF-FULFILLMENT STRONGEST

MOTIVATORS FOR STARTING A BUSINESS FOR BOTH GENDERS

49%

SELF-FULFILLMENT

SECOND

INCOME

INDEPENDENCE

Lithuania Latvia Estonia

54%

50% 42%

43% 41%

50% 50%

44% 36%

39% 39%

50% 56%

52% 53%

42% 46%

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AMWAY GLOBAL ENTREPRENEURSHIP REPORT 201615

Developments of the modern working environments, like the “Flex-Economy”

or “Gig-Economy”, with increasing interest in new flexible or part-time working

models, are fueled by the people’s desires and wishes for their working life.

Economy and politics need to support them by providing an appropriate

framework.

REASONS TO START A BUSINESS STRESS THE IMPORTANCE OF

PROGRESS IN DEVELOPING OUR WORKING ENVIRONMENT

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2016AMWAY GLOBAL ENTREPRENEURSHIP REPORT

A LOOK INTO THE FUTURE

GLOBAL KEY FINDINGS

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AMWAY GLOBAL ENTREPRENEURSHIP REPORT 201617

RESPONDENTS EXPECT SELF-EMPLOYMENT TO BE A MORE

LIKELY OPTION IN FIVE YEARS*

39%

30%

23%

8%

39%

30%

22%

9%

*Average of all 45 surveyed countries MORE LIKELY TO BE SELF-EMPLOYED AS LIKELY TO BE SELF-EMPLOYED LESS LIKELY TO BE SELF-EMPLOYED NO ANSWER

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AMWAY GLOBAL ENTREPRENEURSHIP REPORT 201618

WOMEN EXPECT SELF-EMPLOYMENT TO BE A MORE LIKELY

OPTION ANYWHERE IN THE WORLD

AVERAGE

ASIA

AVERAGE

EU

AVERAGE

LATIN AMERICA

AVERAGE

NORTH AMERICA

45% 32% 20% 3% 35% 30% 24% 11% 59% 19% 20% 2% 43% 25% 30% 2%

MORE LIKELY TO BE SELF-EMPLOYED AS LIKELY TO BE SELF-EMPLOYED LESS LIKELY TO BE SELF-EMPLOYED NO ANSWER

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AMWAY GLOBAL ENTREPRENEURSHIP REPORT 201619

WOMEN EXPECT SELF-EMPLOYMENT TO BE A MORE LIKELY

OPTION IN LATVIA

MORE LIKELY TO BE SELF-EMPLOYED AS LIKELY TO BE SELF-EMPLOYED LESS LIKELY TO BE SELF-EMPLOYED NO ANSWER

36%

31%

26%8%

Latvia

Lithuania Estonia

24%

46%

24% 6% 6%24%

38%

31%

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AMWAY GLOBAL ENTREPRENEURSHIP REPORT 201620

MEN WOULD FEEL MORE COMFORTABLE WITH SEARCHING AND

ACQUIRING CUSTOMERS*

*Average of all 45 surveyed countries

52% 40%60%

33%

COMFORTABLE UNCOMFORTABLE

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AMWAY GLOBAL ENTREPRENEURSHIP REPORT 201621

WOMEN WOULD FEEL COMFORTABLE WITH SEARCHING AND

ACQUIRING CUSTOMERS

AVERAGE

ASIA

AVERAGE

EU

AVERAGE

LATIN AMERICA

AVERAGE

NORTH AMERICA

59% 38% 47% 44% 74% 24% 58% 41%

COMFORTABLE UNCOMFORTABLE

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AMWAY GLOBAL ENTREPRENEURSHIP REPORT 201622

WOMEN WOULD FEEL COMFORTABLE WITH SEARCHING AND

ACQUIRING CUSTOMERS IN LATVIA

ESTONIA

50% 46%

COMFORTABLE UNCOMFORTABLE

Latvia

49%

47%

LITHUANIA

73% 23%

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AMWAY GLOBAL ENTREPRENEURSHIP REPORT 201623

Education should not only include economic skills, but also focus on business

reality. This means on how to maintain and grow the business by building a

network and expanding the customer base. This is also a key skill for working

in a more flexible work environment without being permanently under contract

by the same company.

ENTREPRENEURSHIP EDUCATION IS MORE THAN JUST

BUSINESS SKILLS

Page 24: AMWAY GLOBAL ENTREPRENEURSHIP REPORT - Start · amway global entrepreneurship report women in entrepreneurship . 2 amway global entrepreneurship report 2016 edition 7th sample 50,861