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Entrepreneurs take the lead

Sep 15 2009

Entrepreneurs are more likely to lead the country out of recession than the government, according to research by The Entrepreneurs Board, a business networking organisation.

Some 28 per cent of the survey's 2,000 respondents thought that entrepreneurs were more likely to have a positive effect on the economy, compared with 24 per cent backing the government.

The entrepreneurial spirit in the UK is in rude health, with a high proportion (38 per cent) of respondents planning to run their own business at some stage. Among the reasons cited for setting up on their own, flexible working (45 per cent) and relishing the challenge (44 per cent) were the most common.

Guy Rigby, head of entrepreneurs at accountancy firm Smith & Williamson, says: 'Not only does the general public increasingly understand and back entrepreneurship, but many people are itching to get more involved. This kind of enthusiasm can only bode well for our economy.'

Richard Branson wins the most votes for business role model (58 per cent). The late Anita Roddick, founder of the Body Shop came second with 25 per cent of the votes, while Peter Jones (23 per cent) is the most popular investor in the BBC Show Dragons' Den.

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