The study, by Wharton management professors Ethan Mollick and Matthew Bidwell, surveyed 11,000 graduates of the Wharton MBA program, asking them to rate their happiness with their career overall, their current job and their work-life balance. It should be noted that this was not a particularly entrepreneurial-minded group: The majority took jobs in banking, consulting or financial services after completing their degree. But during the course of their careers, about 20% of the graduates ended up starting their own businesses.A few surprising stats:
- Grads running their own businesses ranked themselves happier than all other professions, regardless of how much money they made. (A few consultants came in at the top as well)
- Of the Wharton grads surveyed who started their own businesses, only 56% made a profit.