Are You Likely to be an Entrepreneur?

Recent survey data by Pokin Yeung sheds light on who becomes an entrepreneur. Some tidbits: "Over 50 percent of our founders surveyed have a parent who had also started a business."

"Across the board, startup founders are more likely to do things like play sports, play a musical instrument, or hold a part-time job while still in high school."

"If you’re a first-born, you are more likely to be a founder — 55 percent more likely than the population distribution."

How Much Does Beauty Pay?

Beauty Pays, a book by Daniel Hamermesh, a professor of economics at the University of Texas, Austin, uncovers statistics about the importance of looks in the workplace:

  • Obese women earn about $14,000 less per year than their average-weight sisters, or about 12% if you are Caucasian and 7% if you are African-American. On the other hand, remarkably thin women earn $2,000 more each year than the average woman on the job.
  • Thin men’s salary averages $9,000 less per year than their average or big-boned brothers.
  • A six-foot tall man earns more than $5K more annually than a man who is five foot five. Taller women earn 5-8% more than average women.
  • Blonde women earn $870 more on average than brunettes and redheads. Sixty-three percent of bald men report earning less than guys with a full head of hair.