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In U.S., Female Entrepreneurs Thrive in Purpose Well-Being

Gallup: “In the U.S., entrepreneurs are more likely to be thriving in purpose well-being than other workers (51% vs. 44%, respectively). This is especially true for female entrepreneurs, who are more likely to have strong purpose (56%) than male entrepreneurs (47%) and other female workers (48%). Importantly, these findings hold true even when taking into account age, race/ethnicity, region, income, education, marital status, and weekly hours worked. This means that these demographic factors alone don’t account for entrepreneurs’ higher purpose well-being; rather, there is something else about being an entrepreneur that relates to liking what they do each day and being motivated to achieve their goals. These findings are based on interviews with more than 1,200 entrepreneurs and 51,000 other employed adults from Jan. 1-Aug. 31, 2014, as part of the Gallup-Healthways Well-Being Index. Gallup classifies entrepreneurs based on their self-identification as both “self-employed” and “business owner.” Other workers include both full- and part-time workers. The Gallup-Healthways Well-Being Index measures five elements of well-being — purpose, social, financial, community, and physical. The purpose well-being element consists of questions about learning or doing something interesting each day, liking what you do, using your strengths, achieving goals, and having a leader who makes you enthusiastic about the future. Entrepreneurs lead other workers in purpose well-being because they are more likely to agree that every day they learn or do something interesting, like what they do, and get to use their strengths to do what they do best.”

 

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