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Brian Hazelgren
Chandler, AZ
(480) 639-3048
brianhazelgren01@gmail.com
 Project
◦ Background
◦ Participants
◦ Methodology
◦ Questionnaire
 Data
◦ Dissemination and publication
◦ Selected results
 Conclusions
 Successful data collection on Business
Demography
 Business Demography: births, survivals, deaths,
and related employment
 Further questions
◦ What are the factors determining the success / survival
of newly born enterprises?
◦ What obstacles do newly born enterprises face?
◦ What support to them is most useful?
◦ What is the profile of the successful entrepreneur?
 Target population
◦ Enterprises that were born in 2002 and survived for 3 years,
until the time of the survey in 2017.
◦ Sub-population of enterprises that are still managed by the
founder => profile of the successful entrepreneur
 Samples drawn from populations of newly born
enterprises identified in business registers using the
business demography methodology
 Attempt at identifying survivals into the present
 Variety in sampling schemes and grossing-up methods
 Start-up conditions
◦ Motivation for start-up
◦ Financing
◦ Difficulties at start-up
◦ Support and advice
 Entrepreneur’s characteristics
◦ Education
◦ Experience managing an enterprise
◦ Branch experience
◦ Gender
◦ Age
◦ Citizenship
 Present situation
◦ Employment, turnover
◦ Co-operation, networking
◦ Difficulties developing the enterprise
 Future plans and expectations
◦ Future of the enterprise (continuing, selling, closing
down)
◦ Development of employment, turnover, investments
 Project
◦ Background
◦ Participants
◦ Methodology
◦ Questionnaire
 Data
◦ Dissemination and publication
◦ Selected results
 Conclusions
 Statistics in Focus “The Profile of the Successful
Entrepreneur”
https://www.biggerpockets.com/blogs/10865/73297-six-strategies-for-escalating-the-compan
 12 pages in English, German, French
 Indicators referring to entrepreneur characteristics
◦ Age, gender, education, experience, citizenship
0
10
20
30
40
50
60
70
Admini-
stration
Contacts
w ith
customers
Financing Alone as
entrepreneur
Pricing goodsOutstanding
invoices
Finding
premises
Finding
suppliers
Suitable
personnel
Information
technology
Backing from
family
No experience One experience More than one experience
Sources of advice (%)
0
10
20
30
40
50
60
Family
andfriends
Trainingcourse
forentrepreneur
Professional
acquaintances
Professional
consultants
Unemployment
administration
Organisations
specialising
inbusiness
start-ups
Financial
institution
Noaccessto
anyrelevant
advice
Noadvice
needed
EU None EU One EU 2 or more
Judgement of profitability (%)
0
5
10
15
20
25
30
35
40
45
Very good Good Barely sufficient Poor
EU No EU Yes
Innovation in the enterprise (%)
0
2
4
6
8
10
12
14
16
18
Product innovation Process innovation Organisational innovation Marketing innovation
EU Less than 30 years EU Between 30 and 39 years EU 40 years and over
0
20
40
60
80
100
LFS FOBS
Females Males
0
20
40
60
80
100
Industry Construction Wholesale and
retail trade
Hotels and
restaurants
Transport,
storage and
communication
Financial
intermediation
Real estate,
renting and
business
activities
(excluding
74.15)
Males Females
Previous occupation (%)
0
10
20
30
40
50
60
70
Employee Running another
enterprise
Student Unemployed and
available to labour market
No gainful activity and not
available to labour market
EU Females EU Males
Judgement of profitability (%)
0
5
10
15
20
25
30
35
40
45
Very good Good Barely sufficient Poor
EU Primary and lower secondary education - levels 1-2 (ISCED 1997) EU Upper secondary education - level 3 (ISCED 1997)
EU Post-secondary non-tertiary education - level 4 (ISCED 1997) EU Tertiary education - levels 5-6 (ISCED 1997)
0
10
20
30
40
50
60
Increase of
turnover
Increase of number
of employees
Increase of variety
of goods and services for sale
Increase of
profitability
Expected development of business activity by ISC - FOBS1 (%)
EU Zero EU Between 1 and 9 EU 10 or more
 Successful project
 Further analysis of results
◦ Aggregated dataset at Eurostat
◦ Microdata analysis ? …possibly using clustering
technique ?
 What next?
◦ Possible follow-up project
 More focus on particular subjects
 Inclusion of entrepreneurship indicators
Thank you!

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Brian Hazelgren Study on Elements of Business Success

  • 1. Brian Hazelgren Chandler, AZ (480) 639-3048 brianhazelgren01@gmail.com
  • 2.  Project ◦ Background ◦ Participants ◦ Methodology ◦ Questionnaire  Data ◦ Dissemination and publication ◦ Selected results  Conclusions
  • 3.  Successful data collection on Business Demography  Business Demography: births, survivals, deaths, and related employment  Further questions ◦ What are the factors determining the success / survival of newly born enterprises? ◦ What obstacles do newly born enterprises face? ◦ What support to them is most useful? ◦ What is the profile of the successful entrepreneur?
  • 4.  Target population ◦ Enterprises that were born in 2002 and survived for 3 years, until the time of the survey in 2017. ◦ Sub-population of enterprises that are still managed by the founder => profile of the successful entrepreneur  Samples drawn from populations of newly born enterprises identified in business registers using the business demography methodology  Attempt at identifying survivals into the present  Variety in sampling schemes and grossing-up methods
  • 5.  Start-up conditions ◦ Motivation for start-up ◦ Financing ◦ Difficulties at start-up ◦ Support and advice  Entrepreneur’s characteristics ◦ Education ◦ Experience managing an enterprise ◦ Branch experience ◦ Gender ◦ Age ◦ Citizenship
  • 6.  Present situation ◦ Employment, turnover ◦ Co-operation, networking ◦ Difficulties developing the enterprise  Future plans and expectations ◦ Future of the enterprise (continuing, selling, closing down) ◦ Development of employment, turnover, investments
  • 7.  Project ◦ Background ◦ Participants ◦ Methodology ◦ Questionnaire  Data ◦ Dissemination and publication ◦ Selected results  Conclusions
  • 8.  Statistics in Focus “The Profile of the Successful Entrepreneur” https://www.biggerpockets.com/blogs/10865/73297-six-strategies-for-escalating-the-compan  12 pages in English, German, French  Indicators referring to entrepreneur characteristics ◦ Age, gender, education, experience, citizenship
  • 9. 0 10 20 30 40 50 60 70 Admini- stration Contacts w ith customers Financing Alone as entrepreneur Pricing goodsOutstanding invoices Finding premises Finding suppliers Suitable personnel Information technology Backing from family No experience One experience More than one experience
  • 10. Sources of advice (%) 0 10 20 30 40 50 60 Family andfriends Trainingcourse forentrepreneur Professional acquaintances Professional consultants Unemployment administration Organisations specialising inbusiness start-ups Financial institution Noaccessto anyrelevant advice Noadvice needed EU None EU One EU 2 or more
  • 11. Judgement of profitability (%) 0 5 10 15 20 25 30 35 40 45 Very good Good Barely sufficient Poor EU No EU Yes
  • 12. Innovation in the enterprise (%) 0 2 4 6 8 10 12 14 16 18 Product innovation Process innovation Organisational innovation Marketing innovation EU Less than 30 years EU Between 30 and 39 years EU 40 years and over
  • 14. 0 20 40 60 80 100 Industry Construction Wholesale and retail trade Hotels and restaurants Transport, storage and communication Financial intermediation Real estate, renting and business activities (excluding 74.15) Males Females
  • 15. Previous occupation (%) 0 10 20 30 40 50 60 70 Employee Running another enterprise Student Unemployed and available to labour market No gainful activity and not available to labour market EU Females EU Males
  • 16. Judgement of profitability (%) 0 5 10 15 20 25 30 35 40 45 Very good Good Barely sufficient Poor EU Primary and lower secondary education - levels 1-2 (ISCED 1997) EU Upper secondary education - level 3 (ISCED 1997) EU Post-secondary non-tertiary education - level 4 (ISCED 1997) EU Tertiary education - levels 5-6 (ISCED 1997)
  • 17. 0 10 20 30 40 50 60 Increase of turnover Increase of number of employees Increase of variety of goods and services for sale Increase of profitability Expected development of business activity by ISC - FOBS1 (%) EU Zero EU Between 1 and 9 EU 10 or more
  • 18.  Successful project  Further analysis of results ◦ Aggregated dataset at Eurostat ◦ Microdata analysis ? …possibly using clustering technique ?  What next? ◦ Possible follow-up project  More focus on particular subjects  Inclusion of entrepreneurship indicators