Local Entrepreneurs Show More Optimism in Local and Global Economy than Peers
Local Entrepreneurs Show More
Optimism in Local and Global Economy than Peers
More
than 4,500 entrepreneurs in 47 countries report optimism in the global economy,
project an increase in full-time hires
Des
Moines, IA (17 October 2016) –
Optimism for the global economy, an improved reliance on full-time employees
and an increase in projected net revenue are three leading benchmarks in the
September 2016 edition of the Global Entrepreneur Indicator (GEI), a semi-annual survey conducted by the Entrepreneurs' Organization (EO).
According to the local Iowa GEI report, while Iowa entrepreneurs
saw a smaller percentage increase in the number of full-time employees added in
the last six months, they indicated a larger percentage increase in both business
revenue and business profit. Iowa’s findings were higher than the global
indicators indicating that the Iowa economy is good for entrepreneurial
businesses.
Despite uncertainty in the global economy, 81.6% of respondents
reported a willingness to start a business in their current economic
environment, which was an increase over the March 2016 survey results, where
79% of entrepreneurs polled indicated optimism.
Entrepreneurial Organization (EO) Iowa Chapter, a group of
entrepreneurs working together to grow their businesses and improve business in
Iowa. Todd McDonald, EO Iowa’s President, said “Iowa - and the Midwest in
general - has always been known for conservative projections, but there is a
lot of discussion in regard to the entrepreneurial economic climate. There
are a number of factors impacting the next six months in Iowa including the
election, commodity prices and a potential interest rate increase. Iowa
entrepreneurs are smart enough to be strategic in their approach to the
future.”
About
the Entrepreneurs’ Organization
The Entrepreneurs’ Organization
(EO) is a global, peer-to-peer network of more than 12,000+influential
business owners with 160 chapters in 50 countries. Founded
in 1987, EO is the catalyst that enables leading entrepreneurs to learn and
grow, leading to greater success in business and beyond. For more information,
visit www.eonetwork.org.
Contact
Ron Mealey
Entrepreneurs’ Organization
Phone: 515.669.3418
Email: [email protected]
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