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The Entrepreneurial Ecosystem Starts at Home
As the the Kingdom heads towards 2030, innovation and entrepreneurship are two of the most valuable assets the country needs to develop in order to achieve its ambitious transformation plan. To effectively build an ecosystem for entrepreneurs to flourish, understanding the impact family, friends and society have on entrepreneurs is key. After all, being a successful entrepreneur means having an entrepreneurial mindset, and mindsets are nurtured. Our study set out to understand what Saudi communities thought about entrepreneurship and whether Saudis families encouraged their children’s choice to become entrepreneurs.
The Challenge
Since most of the conversation tends to be focused on the business side of the entrepreneurs’ startups, almost nothing existed outside of that realm. Hence, developing the right research framework to build the baseline was key as it would set the precedent for future studies to build on.
The Process
Understanding that we needed various data sources, our data collection methods consisted of questionnaires and interviews. The questionnaires were for students aged 18-24 who were not entrepreneurs but had attended relevant workshops. Their parents were also given questionnaires to obtain their general opinions on entrepreneurship.We interviewed 63 entrepreneurs based in 18 cities across the country, and spoke to their families (i.e., their parents, siblings, and spouses) and friends. These  entrepreneurs were setting up and/or managing various businesses.We also conducted interviews with entrepreneurship experts as well as with individuals experienced in the area of conducting practical experiments with different groups of small and medium enterprise owners.
The Experience
Through our study, we were able to identify the most prominent pressures and fears felt by entrepreneurs and their families and friends. For example, families were less likely to marry their daughters to entrepreneurs, viewed as having an unstable profession; parents were worried about whether their children would succeed due to the limited financial support available; and entrepreneurs were fearful of failure, generally considered unacceptable in Saudi society. Due to such concerns, many entrepreneurs continued working at their places of employment. At the same time, despite the challenges, it was inspiring to see the support that some entrepreneurs had, particularly female entrepreneurs. These women defied norms and achieved what was thought impossible. An illiterate woman from southern Saudi Arabia who we spoke to had a passion for woodwork. She refused to give up on this passion and, with the support of her family, began a not-for-profit carpentry business, the proceeds of which were used to teach woodworking skills to other women in her city. In this way, she began a movement, for which she was recognized with an international award.
Our study showed that Saudis are highly entrepreneurial. This was  particularly true in smaller cities where the job market is less developed. The influence of an entrepreneur’s environment and their social circle was also very clear; for instance, friends may help sway the parents’ opinions in favor of the entrepreneur’s dreams. Potential entrepreneurs also stand to benefit greatly from the experiences of those who have succeeded before them in their region.Studies like this one are an essential part of identifying obstacles. They provide guidance in terms of the environment that needs to be developed and the investment opportunities that need to be cultivated for entrepreneurship to flourish in the country, capitalizing on the passion for entrepreneurship that already exists.  
“The social resistance faced by entrepreneurs is always shut down by the results they achieve.”

- An entrepreneur who participated in the Monsha’at study

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