Entrepreneurship and opportunity are the primary keys to prosperity

It’s my 40th birthday. I found myself reflecting on life and what it means to promote prosperity, in the broadest sense. That led me to the Legatum Institute‘s Prosperity Index.

The Prosperity Index provides a global assessment of wealth and wellbeing. The key findings are fascinating.  In particular, “Entrepreneurship and opportunity correlate more closely to a nation’s overall prosperity than any other factor.”  While other factors are still critical, it turns out entrepreneurship and opportunity is the best proxy for overall prosperity.

Here’s the relevant chart:

The 2010 Legatum Prosperity Index - Key Finding 1

Whatever difficulties we may face, it is still true that entrepreneurship – the creative search to help other people – is still the best way for people to lift one another into wealth and well being.

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