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Triangle-Area Entrepreneurs Increasingly Optimistic

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

2013-02-01
RALEIGH, NC, February 01, 2013 (Press-News.org) 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 chapter include:
• 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.

About EO
The Entrepreneurs' Organization (EO) is a global business network of 8,000+ business owners in 121 chapters and 40 countries. Founded in 1987 by a group of young entrepreneurs, EO enables small and large business owners to learn from each other, leading to greater business success and an enriched personal life. Our vision is to build the world's most influential entrepreneur community, which aligns with our mission of supporting entrepreneurial education and engaging entrepreneurs to learn and grow.

The Raleigh-Durham chapter of EO is made up of 40 high-growth companies with combined revenues of $327 million and a total employee base of 3,644. For more information, visit http://www.eoraleigh.com/


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[Press-News.org] Triangle-Area Entrepreneurs Increasingly Optimistic
67 Percent Added Full-Time Employees in Past Six months; 83 Percent Anticipate Increased Profits