Partner Article

Rise of "5-to-9ers", the day job entrepreneurs

Entrepreneurial Brits with day jobs are increasingly working after work and at weekends to get their own businesses off the ground.

A survey of 2,926 people by Nectar Business found 68% of those wanting to start their own business aim to work eight hours or more a week on their ideas.

The most popular business ideas are jewellery and craft stores, and restaurants and cafes. Hobbyist entrepreneurs are keen to start their businesses for a variety of reason, particularly to make money; be their own boss; and create a family business.

The research suggests a slight rise in female “5-to-9ers,” who are most likely to be 35-44 year olds from the South East or London, working in education, retail or healthcare and social work.

Interestingly, just 16% of those wanting to start a business, want to do so within their current employment sector.

Star of BBC1’s The Apprentice and a judge at the Nectar Business, Small Business Awards, Karren Brady, commented: “This research is really encouraging and shows that Brits are more determined than ever to reach their business potential – even giving up their precious spare time to do so.

“The UK has grown some of the greatest entrepreneurs in the world; it really is the land of ingenuity and I’m proud to be able to celebrate this with the Nectar Business Small Business Awards.”

This was posted in Bdaily's Members' News section by Tom Keighley .