What percentage of entrepreneurs have mental illness?
According to a study at UC Berkeley, 72\% of entrepreneurs in this sample self-reported mental health concerns. Entrepreneurs were significantly more likely to report a lifetime history of depression (30\%), ADHD (29\%), substance use conditions (12\%), and bipolar diagnosis (11\%).
Are bipolar people good at business?
With the right adjustments, most people with bipolar succeed at work. But although many are able to manage their conditions using medication and other therapies, both psychological and physical, “you’ll never meet any of them, because the fear of being ‘found out’ drives them out of the workplace”, Bingham says.
Are entrepreneurs manic?
Many of the characteristics that make someone a good entrepreneur are characteristics of people with bipolar—including perseverance. Two studies from 2008, published in Biological Psychiatry and Journal of Abnormal Psychology, linked perseverance with bipolar.
Do entrepreneurs suffer from mental illness?
According to research by Michael Freeman, entrepreneurs are 50\% more likely to report having a mental health condition, with certain conditions being more prevalent amongst founders and character traits that make them more susceptible to mood swings.
Are entrepreneurs more likely to have mental health issues?
While national mental health statistics are troubling, they are downright terrifying for entrepreneurs. According to a study by Michael Freeman, entrepreneurs are 50 percent more likely to report having a mental health condition, with some specific conditions being incredibly prevalent amongst founders.
How can investors encourage founders to seek mental health services?
Just taking the pledge sends a powerful signal to founders that it’s OK for them to seek help. Better yet, investors, in their onboarding process with founders, should explicitly touch on their support for the founders’ seeking mental health services when they feel compelled to do so.
Should venture capitalists care about entrepreneurs’ mental health?
Addressing the ongoing mental health catastrophe in entrepreneurship is a moral imperative, and for wise investors, it should be a function of doing business. Venture capitalists make their living off the blood, sweat and tears of founders.