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Your Next Startup Will Likely Be Run By a Boomer

Startup Professionals Musings

In every single year from 1996 to 2010, Boomers between the ages of 55 and 64 had a higher rate of entrepreneurial activity than Gen-Y, aged 20–34. In the Kauffman Foundation Survey of nearly 5,000 companies that began in 2004, nearly two-thirds of the founders are now between the ages of 35 and 54.

Startup 112
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Boomers are Driving a New Entrepreneurship Boom

Startup Professionals Musings

These indicate that the correct icon for an entrepreneur may now have gray hair, rather than the warm glow of youth: In every single year from 1996 to 2010, Boomers between the ages of 55 and 64 had a higher rate of entrepreneurial activity than Gen-Y, aged 20–34. These trends seem likely to persist.