Close site search

Simply start typing to search Changeboard and then press enter

The rise of the 'funtrepeneurs'

Posted on from Changeboard

More Brits are leaving their jobs to follow their passion. Be it through tech, photography or vlogging, the economy is getting a shot in the arm through the passionate pursuits of burgeoning entrepreneurs.

More than one in ten British workers (12%) have left their previous job to become ‘funtrepenuers’, by pursuing a career they are passionate about.

Research by Samsung Electronics UK, the Centre of Economic and Business Research (CEBR) and YouGov found that 84% of senior decision makers in microbusinesses had increased their job satisfaction. 

Alasdair Cavalla, senior economist at CEBR said: “We were fascinated to find that a clear majority of microbusinesses were set up by people passionate about their sector or product. Many small, dynamic businesses may never have been set up were it not for people taking this risk to pursue work they care about.” 

The trend may continue to rise, with many millennials planning on leaving their current jobs to pursue their interests. Nearly a quarter (24%) are of 18 to 34-year-old workers planning to change career, compared to just 2% of over-55s.  

The research found that this increasing workforce of engaged, impassioned ‘funtrepreneurs’ have a positive effect on the economy.

Cavalla added: “The economic benefits don’t stop at the found of the business – compared to whole-economy averages; we found clear evidence of fewer sick days, higher productivity and greater job satisfaction among people following their passion.”

 

Read more

Want to learn more about setting up your own business? Benji Lanyado left his job as a journalist to create image library Picfair. He explains his struggles and triumphs here

Content by email

Thanks! You have been subscribed to receive emails about the following subjects.

Get more with Changeboard

Changeboard is a global HR jobs site, career advice resource and events platform to help HR and recruitment professionals find the perfect job to progress their careers. We're here to help you change the way you work.

Register now

Changeboard Magazine

Changeboard is read by more than 22,000 senior leaders in print and 85,000 online.

  • Get Changeboard Magazine
    online

  • Get Changeboard Magazine
    on mobile

  • Get Changeboard Magazine
    in print

Subscribe to Changeboard today for:

  • Engaging and relevant decision-support content
  • Exclusive interviews with CEOs & HR leaders
  • In-depth profiles, case studies & insights from progressive senior HR & resourcing practitioners
  • Stimulating career advice, delivered in bitesized chunks to help busy professionals advance their careers efficiently.
Get the Changeboard magazine
Get Changeboard Magazine
Loading

Job search saved

Your search has been successfully saved.

Register or log in to manage job alerts.