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Setting up a business is difficult, but that’s not deterring entrepreneurs from pursuing their passion probably because most of them have done it on their own. That’s what a new study has revealed.
According to U.S. Trust’s annual survey of high net worth entrepreneurs, the majority of business owners (95 percent) have founded or acquired their companies.
U.S. Trust is part of the Global Wealth and Investment Management unit of Bank of America.
The study also found that while 74 percent of entrepreneurs agree that owning a business is harder than working for someone else, they don’t regret their career choice.