Triangle Entrepreneurs Increasingly Optimistic

67 Percent Added Full-Time Employees in Past Six months; 83 Percent Anticipate Increased Profits

Raleigh, N.C. —The Entrepreneurs’ Organization (EO) has released its Global Entrepreneur Indicator, a semi-annual survey of the organization’s 8,000 entrepreneurs across 40 countries. The survey is designed to predict economic trends in a number of areas, including job creation, profits, debt loads, economic forecasting, and the overall business environment.

Results are broken down by region. Key results from EO’s Raleigh-Durham chapterinclude:

·         67 percent added full-time employees in the past six months; globally, this figure was 56 percent

·         78 percent expect to increase total full-time employees in the coming six months

·         83 percent predict an increase in net profit in the coming six months

·         72 percent expect the national economic environment to stay the same or improve in the coming six months

The Raleigh-Durham chapter of EO is comprised of 40 companies, representing $327 million in sales and 3,644 employees. EO members are business owners who achieve annual revenues in excess of $1 million dollars.

“This data is yet another example of the strength of the Triangle’s entrepreneurial community,” said Matt Zemon, communications chair, EO Raleigh-Durham, and president & CEO, American Support. “Despite continued concerns about the global economy, our members continued to create jobs and achieve real success. To do so during a time of economic uncertainty and through one of the most contentious presidential elections in our nation’s history speaks volumes about the entrepreneurial spirit here in our community.”

For a full copy of the Global Entrepreneur Indicator, or to arrange an interview with a member of EO Raleigh-Durham, contact Mike Trainor at 919-674-6020 x158 or mtrainor@sacherokee.com.