Diverse Perspectives: Our Annual Entrepreneurship Report

In 24 countries and from 26,000 people, Amway recently sought opinions on the attitudes, concerns and desires of would-be entrepreneurs.

Titled the 2013 Amway Global Entrepreneurship Report, the study provides an up-to-date view on self-employment potential and obstacles hindering entrepreneurial activities in Australia, Austria, Colombia, Czech Republic, Denmark, Finland, France, Germany, Great Britain, Greece, Hungary, Italy, Japan, Mexico, Netherlands, Poland, Portugal, Romania, Russia, Spain, Switzerland, Turkey, Ukraine and the United States.

The good news:

  • More than two-thirds of respondents (70%) have a positive attitude toward entrepreneurship, a 1% increase over 2012 data. Even more encouraging? Nearly half of them can imagine starting their own businesses.
  • Respondents from Denmark have the most positive attitude toward self-employment (89%). Finland follows with 87% and the Netherlands rounds out the top three most positive countries.

The rest of the story:

  • We found that 65% of would-be entrepreneurs were motivated by the desire to be independent. People want to control their time and their futures. They want to set their own hours, goals and priorities — be their own boss.
  • For years now, our study has shown that fear of failure is the biggest obstacle to becoming self-employed. The fear to fail has lead to the gap between the number of people who can imagine starting their own businesses and the number who actually go for it.

So what?

  • We believe it’s urgent to support the activation of potential entrepreneurs by jointly raising awareness, encouraging further debate and doing anything we can to negate fears.

Amway offers a unique business opportunity and we take seriously our responsibility to engage in the public discussion on entrepreneurship. The Amway Global Entrepreneurship Report is one way we do that. It provides decision-makers in the realm of politics, economics and education with real data to inform actions that encourage the foundation of new businesses.

After all, the more entrepreneurs, the merrier!


Making the world a better place

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Did you know that Amway employees and distributors have volunteered more than 2.5 million hours to make the communities where they work and live a better place?

Read about our ongoing efforts around the world in the 2011 Amway Global Corporate Citizenship Report published today, or in the Amway One By One blog.  That blog, by the way, was recently honored as the “Best Corporate Social Responsibility” blog by PR News.


Reporting excellence

It’s time to submit your green thumbprint to Amway Colombia for this year’s award competition.

Amway Colombia recognizes the best environmental journalism efforts in that country through the award, “Premio Amway de Periodismo Ambiental.” Instituted 15 years ago, the award has become one of the most prestigious and competitive in the country. Under the theme, “Act green. Leave a green fingerprint,” it recognizes journalists who write news stories that provide feasible solutions to environmental problems and explore ways to better manage our natural resources.

Past winners have examined the impacts of gold mining, coastal erosion and mountain deforestation. The award recognizes top three entries plus three honorable mentions in the professional category and the top two for students. More than COP$23,000,000 (USD$13,000) will be divided among the winners. Entries are expected to exceed 150.

We can’t wait to read all about it, when the winners are announced June 14.


Building hope

We believe it’s important for people to have a safe, clean place to live.

Since the Amway One by One Campaign for Children partnered with Habitat for Humanity last year, distributors and employees across the Americas have worked hard to make that happen.

Here are three examples where our distributors and employees are building hope for others.

In Guatemala, Amway employees and distributors from the United States, Mexico, Barbados, Guatemala, Costa Rica, Puerto Rico, Honduras, Colombia and El Salvador built a dozen homes. They also raised half a million dollars, matching a $250,000 gift of Tim Foley, longtime Amway distributor and Amway Founders Council member. These  funds will finance construction of more than 40 homes throughout Latin America over the next five years.

In São Paulo, Brazil, Amway distributors and employees raised nearly $5,000, and used it to renovate two homes. Their next  project? Already they are evaluating how to apply their time and talents to help people affected by the devastating floods in Rio de Janeiro.

Finally, after raising $16,000,  more than 25 Amway Colombia distributors, employees and their families constructed two homes in only two days.

Visit our Amway One by One blog to learn how we’re making a difference in 2012. Make your own difference, too, at Habitat for Humanity.


Rubbing elbows

Amway Colombia got to rub elbows with Colombia’s first lady Maria Clemencia Rodriguez de Santos earlier this month, when Amway’s Manager for the Andean Region Miguel Francisco Arismendi presented her with a check for $230,000 pesos, about US $123,000, for Colombia Humanitaria.

The first lady leads Colombia Humanitaria, an initiative set by the country’s President Juan Manuel Santos after winter floods left more than a million people homeless or displaced in Colombia. 

After the disaster, distributors were keen to help and participated in a telethon organized by Colombia Humanitaria, but they didn’t stop there. Amway distributors continued to raise funds, which were matched by Amway Colombia.  During the presentation of the check Rodriguez de Santos told local media she appreciated the donation, adding she’s a proud customer of Amway  products.

During the event at presidential home Palacio de Nariño, Arismendi also shared with the first lady another humanitarian project Amway has launched in Latin America – Habitat for Humanity.

Photo used with permission.