Share of entrepreneurs who gave reason for starting business by whether or not they were side hustlers in 2023
Table showing the share of people who expressed various reasons for starting a business by whether or not they worked while starting a business. Values read: I seized a business opportunity I wanted financial stability, or to build a long-term asset I wanted more flexibility, to be my own boss I lost my job, or my partner did I wanted or needed to supplement my household’s income Technology lowered the barriers to starting this business
Did not work elsewhere 52 48 54 66 33 54
Worked elsewhere, either full or part time 48 52 46 34 67 46
Total 100 100 100 100 100 100