Local Business report workplace ‘dreamers’ of today
make tomorrow’s entrepreneurs
on: November 2, 2007, 8:48 am
Release Author: Barclays
Release Summary: Barclays Local Business report workplace ‘dreamers’
of today make tomorrow’s entrepreneurs
Release Body: Barclays Local Business research
reveals untapped potential of today’s workforce. Workers caught
staring into space at their desk or ‘away with the fairies’
during business meetings are a mass of untapped, entrepreneurial
talent, according to research from Barclays Local Business.
latest survey by Barclays
Local Business reveals how employees showing
signs of distraction are likely to get out and start their own business,
as nearly half of today’s UK business bosses (44 per cent)
admit to having plotted their entrepreneurial future whilst daydreaming
in the work place of a previous employer.
an increasing number of bosses are paranoid about employees wasting
time at work on social networking sites like Facebook, it appears
they cannot stop employees from dreaming of a more productive and
satisfying future in their working life.
Davis, marketing director for Barclays
Local Business said: “This survey highlights
what many bosses have probably suspected for a long time –
that for some employees, their current job is the last thing on
their mind when they are at work. However, whilst they may be wasting
their employer’s time they are not necessarily being idle;
as they are planning for their own future. For budding entrepreneurs,
the routine of their day-job can spark dreams of going onto bigger
and better things.”
dreamers turned entrepreneurs clearly know the value of downtime
with only eight per cent interrupting their holidays to come up
with a killer small
business idea. Similarly, just six per cent were prepared to
think about being their own boss in between pints down the pub.
It’s also no surprise then that the survey also reveals that
almost 40 per cent of UK business bosses view plain old common sense
as the winning ingredient for ongoing success.
added: “For employers there is nothing more frustrating than
letting untapped talent slip through the net as staff showing entrepreneurial
signs provide huge benefits and help small, medium or larger companies
grow. Perhaps it will serve as a warning to any boss that they shouldn’t
take their eye off the ball when it comes to keeping their staff
interested and engaged and developing their people.”
survey also uncovers the concerns keeping aspiring entrepreneurs
awake at night; just under 40 per cent admit to feeling nervous
about giving up the financial stability of a full time job, while
nearly one in five (19 per cent) worry about getting into debt.
Added pressure on their home life was also a worry for six per cent.
Barclays Local Business
Local Business provide services and a comprehensive range
of tailored business banking products to more than 600,000 businesses
typically with a turn over less than £1 million.
Local Business supports businesses with:
- Named business manager, locally based allocated to the clients
business. 1,600 Local Business Managers in 600 locations
- Barclays Trading Places' Awards, recognising
people who have overcome adversity to set up in business
- Give start-ups standard banking transactions free for up to
18 months. Wide range of free advice and information -Starting
& Running Your Business CD-ROM; consultations with a panel
of legal, accountancy & marketing experts; Business Opportunity
Profiles & Business Information Factsheets; Legal & tax
- Free 'Mindleaders' online business skills training worth £1,000
and award winning software packages that will help save businesses
time and money
- Individual solutions that offer support outside of the usual
banking services e.g. unique award winning software packages that
will help save businesses time and money
The ability to speak to a qualified business Manager - out of
hours or when their local business manager is engaged with customers.
Flexibility to bank when and how they want - online and telephone
banking and a full counter service at 1600 branches nationwide.
taken from research carried out by YouGov on behalf of Barclays
Local Business Banking. Total sample size was 2427 SME
owner-managers from across the UK. Fieldwork was undertaken between
11-17 May 2007. The survey was carried out online. The figures have
not been weighted.
Barclays PR contact
+44 (0)20 7116 6159
Details: Barclays PR contact:
Barclays PR contact
+44 (0)20 7116 6159
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