This Is Why Younger Siblings Are More Likely To Be Entrepreneurs
Older siblings aren’t as likely to be their own boss [Photo: Getty]
We’ve all heard the clichés about what different siblings are like. The eldest child is always bossy, the youngest child is always spoilt, and the middle child is always trouble.
While we can all agree that these sweeping generalisations by no means apply to everyone, it does look like a person’s status in the family pecking order can affect their career prospects.
And in news that will have all little brothers and sisters punching the air, it looks like younger siblings are more likely to be mega-successful entrepreneurs.
Younger siblings tend to break the mould [Photo: Getty]
It’s all to do with how likely we are to take risks.
Researchers at the universities of Birmingham and Reading followed the lives and careers of 6,300 British men and women, born in the year 1970 into a family with siblings.
Their findings were that, in a family of two kids without a history of entrepreneurial spirit, the younger was 49% more likely to become their own boss by the age of 38.
In families with three children, the youngest had a 43% greater chance of paving their own way and becoming an entrepreneur.
However, on the flip side, in families where parents were self-employed themselves (which is more of a rarity), it was the older children who were more likely to go down this route.
The study concludes that overall, younger siblings tend to be more “exploratory, unconventional and tolerant of risk,” which explains why they often choose to follow a different path from the one trodden by mum and dad.
Does this sound like your family? Tweet us you thoughts at @YahooStyleUK
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