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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. Social networking penetration by Boomers has now caught up with the other age groups, reaching about 80% across the board.

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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. Social networking penetration by Boomers has now caught up with the other age groups, reaching about 80% across the board.

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Test Your Aptitude for Business Internet Jargon

Startup Professionals Musings

For businesses, these are now prime sources of business networking, customer service, and client leads. Facebook alone has 800 million active members. Wikipedia started this, but it is also used for technical support, software, and product reviews. Do you have a business presence there?

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

SoCal Delicious

On CBS MoneyWatch: Why Debit Cards Are Dangerous BNET Business Network: BNET TechRepublic ZDNet ZDNet Members login Newsletters Site Assistance RSS Feeds Home News & Blogs Videos White Papers Downloads Reviews Popular Enterprise Web 2.0 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.

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