Are entrepreneurs happy?

Despite appalling failure rates, long hours, low incomes, high stress levels, and a host of other problems, entrepreneurs report consistently higher happiness rates than salaried employees. One of them is the “commitment to purpose in life, since entrepreneurs are not limited by the rules and procedures of the employer, which frees them to “pursue activities and goals that they find personally meaningful and satisfying”. So starting your own business can make you happier. It will make you even happier if you employ people.

In addition, there is a positive correlation between the degree of entrepreneurship in a society and its national level of happiness. I have seen many entrepreneurs fall to their knees because they didn't have enough courage to invest money and time and end up looking for work. People who are entrepreneurs own their decisions and take calculated risks, not crazy ones, to achieve their goals. For this reason, entrepreneurs can go from anger to optimism, from fear to delight, from anger to passion and everything else on the emotional spectrum every month.

It is these peaks that most worried researchers, which is why they analyzed interviews with more than 1,700 entrepreneurs from 29 countries. The researchers focused especially on the extent to which entrepreneurs felt that they possessed “positive energy and a state of physical and mental life”. While it's a good corrective to know that entrepreneurship stress probably won't necessarily hurt your health and happiness, it's also important to note that these findings aren't just a good reason for founders to gloat. The data supports his claim, as it is revealed that entrepreneurs are planning to increase capital investments, hire staff and increase the use of low-cost methods such as social media to attract new customers.

You don't have to be an entrepreneur to think like an entrepreneur, in other words, and if you do, you should see a boost in your mental and physical health. The study shows that fewer entrepreneurs are concerned about their ability to save for retirement (45 percent, compared to 53 percent in 201.In their article, José María Millán and the co-authors find that, although entrepreneurs are more satisfied with their work in terms of the type of work they do, they tend to be less satisfied with the security it offers. So, let's say you're not an entrepreneur and you want to be happier and have those feelings of accomplishment with a less negative impact on your mental health. You can even say that you are much happier as an entrepreneur than you were in a safe job, but it probably took you time to get there.

For entrepreneurs, if you can handle the added burdens of running a business, the benefits can be incredible for your career, your family, and your bank account. It is true that they still face insignificant and repetitive work, boring and precarious, particularly in the early stages, when they are an expert in all trades, but those less inspiring tasks are subsumed by the more inspiring “meaning” that entrepreneurs attribute to their work.