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Baby Boomers May Be Your Biggest Startup Competitors

Startup Professionals Musings

In fact, according to the latest Index of Startup Activity by the Kauffman Foundation and recent press reports , these Baby Boomers are actually driving a new entrepreneurship boom. 65 percent of online users aged 50-64 use social media now, and the growth rate continues to increase. They are becoming the new early adopters.

Startup 119
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Encore Entrepreneur Is The New Baby Boomer Lifestyle

Startup Professionals Musings

In fact, according to the most recent Index of Startup Activity by the Kauffman Foundation and recent SBA reports , these Baby Boomers are actually driving a new entrepreneurship boom. 65 percent of online users aged 50-64 use social media now, and the growth rate continues to increase. They are becoming the new early adopters.

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Test Your Aptitude for Business Internet Jargon

Startup Professionals Musings

Social media marketing. Today there are huge communities online, like Facebook and Twitter, which grew in popularity for socializing with friends. Facebook alone has 800 million active members. Wikipedia started this, but it is also used for technical support, software, and product reviews. Crowdsourcing.

SEM 95
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The social Web in 2010: The emerging standards and technologies to watch

SoCal Delicious

The emergence of Facebook, Twitter, and the rest of the social Web as a global force in the last several years has done a great deal to highlight their potential to fundamentally alter the way we communicate and collaborate both at home and in business. This is the same with competing activity streams in various social networks.

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Baby Boomers Are Surpassing Gen-Y As Entrepreneurs

Startup Professionals Musings

Contrary to what most of you might guess, the highest rate of entrepreneurial activity over the last few years is not Gen-Y young upstarts, but Baby Boomers in the 55-64 year age group. In every single one of the last 15 years, Boomers between the ages of 55 and 64 have had a higher rate of entrepreneurial activity than Gen-Y, aged 20–34.

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Your Next Startup Will Likely Be Run By a Boomer

Startup Professionals Musings

Contrary to what most of you might guess, the highest rate of entrepreneurial activity over the last few years is not Gen-Y young upstarts, but Baby Boomers in the 55-64 year age group. 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.

Startup 112
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Boomers are Driving a New Entrepreneurship Boom

Startup Professionals Musings

Contrary to what most of you might guess, the highest rate of entrepreneurial activity over the last few years is not Gen-Y young upstarts, but Baby Boomers in the 55-64 year age group. Half of the Internet users aged 50-64 use social media now, an 88 percent growth from the previous year. These trends seem likely to persist.