Lack of Entrepreneurs in Germany
By admin • Apr 17th, 2008 • Category: Facts
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Germany, where are all the entrepreneurs? “Only 8 percent or less of Germans work for themselves.” Not only is there a severe lack of entrepreneurs in Germany, but getting them to try a new idea? Pretty difficult.
According to internationalentrepreneurship.com: “Almost one in twelve entrepreneurs in Germany is foreign born. Furthermore, one in ten foreigners starts a company. Within the last decade, German companies have grown by 14.5% while foreign companies increased 75%.”
Consider that most coming to Germany may plan to start their own business simply because it’s difficult to find a decent paying job. Who can blame them?
“Germany ranks first in corporate bankruptcies though it is a leader in social security benefits.”
Scary thought… But, German is the protector… Consider Germany to be like the hand that makes sure you never fall behind. Most of the mindset behind Germany is to help everyone, but is it really helping?
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