Ireland ranked No1 in cultural perception of entrepreneurship

The Irish report of GEM (Global Enterprise Monitoring) 2005, published last month by the Irish Minister for Enterprise Trade and Employment paints the picture of enterprise in Ireland today.The report states that Ireland is ranked number 1 in terms of cultural perception and support for entrepreneurship. I believe that this factor alone - support from family and friends - can play a big part in whether a business will ever get off the ground. How often have you shared an idea with family or friends, only to have it dismissed or outright ridiculed? And what difference does it make when they say "Go for it?"

The report also says that research found that almost one in ten of the adult population living in Ireland is actively planning or has recently set up a new business.

And so, to everyone in Ireland who has set up their own business or is planning one. I salute you! It is an exciting journey, and one of the greatest forms of personal development I can imagine.

Click here to read the press release and download the full report.