Entrepreneurship: Not Just for 20 Somethings

Here’s another report that crushes the myth that entrepreneurship is only for the young: The Coming Entrepreneurship Boom by Dane Stanler and published by the Kauffman Foundation.

Excerpt:

Contrary to popularly held assumptions, it turns out that over the past decade or so, the highest rate of entrepreneurial activity belongs to the 55-64 age group. The 20-34 age bracket, meanwhile, which is usually identified with swashbuckling and risk-taking youth (think Facebook and Google), has the lowest. Perhaps most surprising, this disparity occurred in the 11 years around the dot-com boom—when the young entrepreneurial upstart became a cultural icon.

Chart:

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