If you would rather be setting your own schedule and assigning yourself tasks throughout the workday you aren’t alone, as a Gallup Survey has found that six out of 10 Americans want to be their own boss.
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The study from Shopify-Gallup Entrepreneurship was released earlier this summer and found that 62% of adults would prefer it if they were in charge of themselves, while 35% would rather work for someone else.
Of those who want to be their own boss, 52% said they would be willing to accept at least a fair amount of financial risk to do so.
Another 15% said they would take a “great deal” of financial risk, and 38% said they would take a “fair amount.”
Still, the surveyors found that financial reasons were a main deterrent for aspiring business owners, the survey found.
Overall, 60% of aspiring entrepreneurs said not having enough money was the biggest challenge to starting their business. Fifty percent also said that personal financial risk was a top issue.
The survey also examined those with entrepreneurial aspirations, finding that when it comes to why they want to be entrepreneurs, 60% had being their “own boss” atop the list of reasons.
For those who are already business owners, 57% said being their own boss was the top motivation for starting their business, followed by an “opportunity to earn more money.”
Another top response was the desire to have a “more flexible work schedule,” according to the study.
The study was conducted from May 1-14 and included responses from more than 45,000 Americans to better understand the interest in business ownership, the motivations behind that choice, and the obstacles people face.
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