Being the boss is the top cause to start own business in Hyderabad: Study

Posted on 19th Jan 2016 | 1048 views

5 avg. rating (100% score) - 1 votes

Recent survey conducted by found that both the employees of public sector and private sector employees to start their own businesses. The survey mentioned that nearly 68 percent of Hyderabad residents would like to be entrepreneurs. Entrepreneurship in the Hyderabad 2016 found that, 68 percent of employees are planning to start their own business, 20 percent mentioned that they have tried past and failed for different reasons and only 10 percent professionals are not yet all interested to start their own business.

Being the boss is the top cause to start own business in Hyderabad

Among them 15 percent mentioned that starting a new business is extremely easy with the T-Government initiations such as T-Hub and others and 60 percent mentioned that starting a new business in Hyderabad is a difficult process. In Hyderabad many private sector and public sector employees prefer to start own company revealed by the surveyed participants. More than 50% of the people are interested in IT companies and followed by finance, BPO, recruitment and other related fields. However, only 69 percent people are ready to start IT companies and 34 percent people interested to start engineering companies and 21 percent are interested to start Pharmacy Company and educational institutions and very few people are interested in remaining sectors. Many people believe that their educational qualities make them to think about starting a company and they will acquire new skills required to run a company. Great pay and work life balance are the major reasons for starting a company. The survey also found some interesting facts for setting up a new company that 67 percent mentioned for more income, nearly 52 percent mentioned to be self employed and 49 percent will start for personal fulfillment and 38 percent candidate will start for work-life balance.

0 Comments on Being the boss is the top cause to start own business in Hyderabad: Study

Comment as a guest:


What is Appointment letter Format?

26th Jun 2018

Top 10 facts why you need a cover letter?

08th Jun 2018

Are you looking for a job in Event Management?

28th May 2018

Pharmaceutical job opportunities on rise in Gulf

23rd May 2018

MNC Vs Startup: Are you Confused to Choose between?

09th Aug 2017

Perspectives of Unemployment in India

01st Jul 2013

Have your Say!

View All

How consistently does your organization reward you for good work?

Very difficult

Reasonably consistently

Not at all consistently


Press Corner

View All

All rights reserved © 2018 Wisdom IT Services India Pvt. Ltd Protection Status