Founders in Seattle are more emotionally stable, while Portland entrepreneurs are more open.
BY JACOB PALMER | DIGITAL NEWS EDITOR
Startup founders in Seattle are more emotionally stable, while Portland entrepreneurs are more open.
At least that’s what a study on “entrepreneurial DNA” conducted by accelerator The Founder Institute found, GeekWire reports.
The conclusions were based on six years of research.
Since its birth in 2009, FI has worked with social scientists to develop a “Predictive Admissions Test” that is given to applicants and helps predict success. FI began by administering a personality and aptitude test to its entrepreneurs and watching their progress over the next 18 months.
That initial performance data was used to calibrate the test, which has been updated multiple times in the past six years and is now the basis of FI’s admissions. More than 30,000 people have taken the test, and FI says it has an 85 percent accuracy rate in predicting entrepreneurial success.
The study focuses on emotional stability, conscientiousness, moderate agreeableness and extroversion. It sorted its data according to location, focusing on San Francisco, Seattle and Portland.
Comparing the two major cities of the Pacific Northwest, the study found that Seattle entrepreneurs are 21.6 percent more emotionally stable and 8.6 percent more conscientious. Portland leaders were more extroverted and open — at a 6.4 percent clip in both measures.
Read more about the study here.
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