Why people with dyslexia are successful in business
What makes Sir Richard Branson and Bill Gates successful businessmen? According to Professor Julie Logan, it could be the link she's found between entrepreneurship and dyslexia. Her research shows entrepreneurs in the UK are twice as likely to be dyslexic as the general person in the population and three times as likely in the US. Indeed, 19 per cent of UK entrepreneurs are dyslexic compared to just one per cent of corporate managers.
In this week's Cass Talks, Professor Logan explains why people with dyslexia excel as entrepreneurs. She found that dyslexic people display better skills in oral communication and problem-solving. They are also likely to be better at managing staff, having developed delegation skills in order to cope with their conditions. "People with dyslexia start their own businesses so they can control the environment around them, do what they're good at and bring in other people to compensate for what they're not good at," she says.
Professor Logan goes on to say the government can learn important lessons from the research to aid the success of future entrepreneurs. "A major barrier to business growth is that many people can't delegate, communicate their vision or harness people behind it. We need to be teaching skills learnt through this research to entrepreneurs...so they can grow their business quickly and not waste time."
The Cass Talks interviews are an opportunity to hear Cass faculty and prominent alumni give their perspective on current business and finance news stories, global issues affecting the business world and new research coming out of the School. Listen, watch and download Cass Talks and see other Cass academics share their opinions at: www.cass.city.ac.uk/casstalks