What is the profile of the Spanish entrepreneur?

What is the profile of the Spanish entrepreneur?

Do you think the Spanish entrepreneurial profile has changed or somehow evolved in the last years? The answer to this question is: NO. It remains quite similar to how it was 5 years ago. Read carefully this post, as we are going to define the radiography that puts on the table the standard profile of those who are diving into the entrepreneurial sector in our country.

Entrepreneurial profile in Spain

As it came from the Map of entrepreneurship in Spain presented in 2014 by the South Summit (the meeting of entrepreneurs, investors and large companies) and the Map of the entrepreneur presented at the celebration of the South Summit during October, most of the entrepreneurs are men with university studies, between 35 and 44 years old, and although the ecosystem is currently  more established than in 2014, one of the main requests of entrepreneurs is still an improvement in taxation.

One of the main requests of entrepreneurs is still an improvement in taxation.

If we take as a reference the data of the participants in the Startup Competition that took place in the South Summit of this 2019, which can provide a close vision to reality, we can conclude that the ecosystem is growing and consolidating: the proof is that there are currently bigger startups in Spain, specifically by 23%, which shows the maturity of the sector.

The services provided to companies such as financial, marketing and advertising are the main sectors where the 34% of Spanish entrepreneurs are betting on, followed by the companies dedicated to the Internet and web services, with a 33%.

Fintech, marketing and advertising are the main sectors who bet 34% of Spanish entrepreneurs

However and despite the undeniable contribution of these companies to the generation of new jobs,  funding continuesto be a pending issue for most entrepreneurs, as we mentioned at the beginning of the post, who only uses bank credits 7% of the times, opposite to the 77% who starts his business with his own resources and the 27% who seek familiar help.

The difficulties in obtaining financing at the beginning of any project make it more and more common for business owners and entrepreneurs to look for alternatives such as Lexington instead of investing in properties so they can  minimize upfront costs. That’s why many business owners and entrepreneurs already trust Lexington Business Centers. Located in  prestigious addresses in the main capitals of the country, help newcomers not to waste any opportunity of deal and offer the best professional image. The state of the art technology our centres have, together with fully furnished offices, virtual office, meeting rooms and videoconferencing room services, make Lexington the best ally for your business. You can always count on our administrative services and technical support during 24 hours a day.

As for itself, the world of entrepreneurship continuously advances by leaps and bounds, and it is finding its stability and strength.  As for our side, at Lexington we work to make businesspeople, CEO’s… functional and practical in fully customizable workspaces and think about the needs of each company. Always in constant evolution and growth to adapt ourselves to new trends and concepts in the use of offices, in addition to the development of new spaces and services that foster employee productivity, enhance and boost creativity and teamwork.

“The future belongs to those who believe in the beauty of their dreams”

Eleanor Roosvelt

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