70% of Americans want to be Self-Employed. What is Stopping you?

There’s a huge gap in the United States between the percentage of Americans that ARE self-employed and the percentage of American’s that WANT to be self-employed. Let’s take a look at the numbers.

Percentage of Americans that are Self-Employed

In the Bureau of Labor Statistics July 2010 labor report, roughly 10 million out of 140 million, or 7% of full-time working Americans are ‘self-employed’. Full-time, in this report, refers to those working over 34 hours.

Percentage of American’s that want to be Self-Employed

At the same time, according to a Dartmouth study on self-employment desire, when asked the simple question:

Suppose you were working and could choose between different kinds of jobs. Which would you prefer:
being an employee
– or –
being self-employed?

A whopping 70.8% of Americans said that they wanted to be self-employed.


A Huge Gap

These data points indicate a 10:1 ratio of Americans that want to be self-employed versus those that actually are. That’s a pretty stark difference. And it makes me really interested to find out what your reasons for not making the leap to self-employment are.

I’ve included a poll below for you to respond with the reasons why have decided to stay in the world of being employed by others. You can choose as many as you want, but please choose only the reasons that would actually stop you from making the move (in other words, if it’s something you think you could easily overcome, don’t select it). If I’m missing any reasons, add them to the comments and I will add into the poll.

What is Stopping you from Making the Jump to Self-Employment? (choose multiple, but only reasons you think you couldn't overcome)

View Results

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