During the survey period, 64.5 percent of entrepreneur respondents replied that they started their own business in order to build great wealth. Just over 20 percent were continuing a family tradition and around half were looking to make a difference.
Motivation for early-stage entrepreneurial activity in Australia as of June 2019
Characteristic
Share of respondents
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GEM. (February 25, 2020). Motivation for early-stage entrepreneurial activity in Australia as of June 2019 [Graph]. In Statista. Retrieved July 27, 2024, from https://www.statista.com/statistics/881268/australia-early-stage-entrepreneurial-activity-motivations/
GEM. "Motivation for early-stage entrepreneurial activity in Australia as of June 2019." Chart. February 25, 2020. Statista. Accessed July 27, 2024. https://www.statista.com/statistics/881268/australia-early-stage-entrepreneurial-activity-motivations/
GEM. (2020). Motivation for early-stage entrepreneurial activity in Australia as of June 2019. Statista. Statista Inc.. Accessed: July 27, 2024. https://www.statista.com/statistics/881268/australia-early-stage-entrepreneurial-activity-motivations/
GEM. "Motivation for Early-stage Entrepreneurial Activity in Australia as of June 2019." Statista, Statista Inc., 25 Feb 2020, https://www.statista.com/statistics/881268/australia-early-stage-entrepreneurial-activity-motivations/
GEM, Motivation for early-stage entrepreneurial activity in Australia as of June 2019 Statista, https://www.statista.com/statistics/881268/australia-early-stage-entrepreneurial-activity-motivations/ (last visited July 27, 2024)
Motivation for early-stage entrepreneurial activity in Australia as of June 2019 [Graph], GEM, February 25, 2020. [Online]. Available: https://www.statista.com/statistics/881268/australia-early-stage-entrepreneurial-activity-motivations/