Jul 09

The Kauffman Foundation has a new study.

“Key findings: In every single year from 1996 to 2007, Americans between the ages of 55 and 64 had a higher rate of entrepreneurial activity than those aged 20-34, averaging a rate of entrepreneurial activity roughly one-third larger than their youngest counterparts.

  • The 20-34 age bracket has the lowest rate of entrepreneurial activity.
  • Long-term employment has fallen dramatically for people ages 35-64 over the past fifty years.
  • With longer life expectancies and greater health in later life, older generations may continue to start new firms—or mentor young entrepreneurs.
  • Since the first Internet-era recession, transaction costs and barriers to entry have fallen for entrepreneurs of every age.”

Where are you on the entrepreneurial train?

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