The measures he introduced, which continued in last week’s Budget, created a landscape that has also delivered the “advancement of the entrepreneurs”.The ranks of the country’s army of self-employed and self-motivated business owners has swollen dramatically in the last few years and we are definitely seeing a new age of the entrepreneur. In particular, 2014 was an outstanding year for new businesses. According to StartUp Britain, more than 580,000 businesses were registered with Companies House – a jump of more than 40,000 on the year before. And we also have the highest ever number of self-employed people ever in the UK. There are some 4.6m self-employed across the country, which is around 15 per cent of the workforce. There is also fantastic cross-section of ages among the country’s self-employed. A survey by UKTI at the end of last year revealed that setting up a business is the top career choice of the 18-25s. But entrepreneurialism isn’t just for the young – there’s those who have gone it alone in their 40s and there are more people over the age of 50 starting out than ever before. Some, whatever their age, may have been steered towards self-employment by the recession, but that in no way belittles their drive and ambition. We should celebrate those that have reacted positively to circumstances rather than joining the resource-sapping benefits culture. Whatever the reason, more and more people are choosing to join the entrepreneurial movement. Importantly, at the numerous business events I have attended I have seen how these entrepreneurs are encapsulating the true principles of enterprise.
Read more from Charlie Mullins:
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