Entrepreneurs optimistic about the future

A recent Gallup poll revealed that entrepreneurs are optimistic about the future, compared to most other employed adults. While typical workers imagined their situations in five years, only 25 percent anticipated they would be living their "best possible life." When asked the same question, 30 percent of entrepreneurs imagined themselves to be living their "best possible life."

This is not the only recent survey hinting that entrepreneur confidence is on the rise. The Startup Confidence Index revealed that 83 percent of entrepreneurs are "confident" or "very confident" that their businesses will be more profitable in the next 12 months, and 41 percent are "very confident" in future profitability. The survey also found that the most optimistic entrepreneurs are the youngest. Of 18- to 30-year-old entrepreneurs, 93 percent are sure their companies will be more successful in the next year than they are currently.

The optimism entrepreneurs have, combined with their satisfaction in their work, could lead them to expand their operations. Growing an enterprise often calls for business financing, something some business owners - especially the youngest entrepreneurs - may have questions about. Confident young entrepreneurs should investigate alternative methods of lending, such as loans from smaller banks, which can help them expand their firms and build their brands.

Content presented by Bridge Bank, offering flexible, customized solutions for entrepreneurs.

Getting Started

Find your ideal banker:

Select any filter and click on Apply to see results

Featured Insights

Valuations in the venture capital (VC) market are either in decline or flattening out, primarily due to inflated...

On April 19, 2016, San Francisco became the first major U.S. city to mandate...

Financial institutions operate at the heart of our economic system and as such, are hyper-aware of market indicators...

As millennials graduate college and move into hip neighborhoods in expensive...

According to CB Insights, the gaming industry has moved through a variety of...

In this modern economy focused on lightening-fast, immediate services, it comes...

Solar energy installation in the United States hit some major milestones in 2015...

A new report from The Tauri Group has declared 2015 a...

Many experts believe that 2016 will be the end of the unicorn startup. Unicorns...

It all started back in 2000 with the objective to capitalize on the explosive growth in technology and provide a...

Recent News

04/28/16
San Jose, CA – April 28, 2016 - Bridge Bank and Trinity Capital Investment, a...
04/01/16
SOUTH SAN FRANCISCO, Calif., April 01, 2016 -- Sunesis Pharmaceuticals, Inc. (Nasdaq...
03/23/16
View the 2015 Western Alliance Annual Report
03/22/16
Following a Record-Breaking Year of Growth, Leading Outsourcing Company Partners...
02/17/16
Durham, NC – Feb 17, 2016 – Bridge Bank today announced the recent hiring...
02/10/16
CARLSBAD, CALIF. -- February 10, 2016 -- Colorescience today announced the...
02/09/16
Los Angeles – February 9, 2016 - Bridge Bank announced today that it has provided...
02/04/16
PHOENIX (Feb. 4, 2016) – Forbes’ assessment of the 100 largest U.S. banks weighed...
01/29/16
San Diego, CA – January 28, 2016 – Bridge Bank’s Life Sciences Group (LSG) today...
11/20/15
MINNETONKA, Minn., November 17, 2015 - Zyga Technology, Inc., a medical device...

Twitter

Featured Insights

Featured Insight

Valuations in the venture capital (VC) market are either in decline or flattening out, primarily due to inflated...

Featured Insight

Financial institutions operate at the heart of our economic system and as such, are hyper-aware of market indicators...

Featured Insight

It all started back in 2000 with the objective to capitalize on the explosive growth in technology and provide a...

Recent News

On April 19, 2016, San Francisco became the first major U.S. city to mandate...

As millennials graduate college and move into hip neighborhoods in expensive...

According to CB Insights, the gaming industry has moved through a variety of...

Twitter

  • Thanks for the follow! 11 hours 56 min ago
  • Bridge Bank presents the 2016 San Jose State University Economic Summit on June 2! Sign up today: https://t.co/FBcTIlf5TW 12 hours 11 min ago
  • In our recent collaboration with Trinity Capital Investment, we closed on a $15M credit facility for E la Carte. https://t.co/q2D2nUimJp 12 hours 59 min ago