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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. With longer life expectancies and greater health in later life, older generations are moving to start new firms -- and mentor young entrepreneurs.
These indicate that the correct icon for an entrepreneur may now have gray hair, rather than the warm glow of youth: The number of Baby Boomers starting a business from 1996 to 2011 rose nearly 7 percent, while the start-up rate by those aged 20 to 44 fell about 5 percent.
These indicate that the correct icon for an entrepreneur may now have gray hair, rather than the warm glow of youth: The percent of entrepreneurs who are Baby Boomer starting a business since 1996 has grown from 14.3 Social networking penetration by Boomers has now caught up with the other age groups, reaching about 80% across the board.
These could convince you that the correct icon for an entrepreneur may now have gray hair, rather than the warm glow of youth: The percent of entrepreneurs who are Baby Boomer starting a business in the last few years has grown by 18 percent year-over-year, with more than half (51 percent) now making up the aspiring small business owner pool.
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. With longer life expectancies and greater health in later life, older generations are moving to start new firms -- and mentor young entrepreneurs.
With longer life expectancies and greater health in later life, older generations are moving to start new firms -- and mentor young entrepreneurs. Business-startup rates in America increased the most in the Midwest and South. One new incentive is the falling transaction costs and barriers to entry for entrepreneurs of every age.
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