USA Today reports that it’s not just the young ones who are starting their own businesses these days.
In fact, according to a recent article, you’re more likely to find a baby boomer launching a new business.
“Over the past decade, the highest rate of entrepreneurial activity belongs to the 55 to 64 age group, according to a study by the Kauffman Foundation, a Kansas City, Mo.-based entrepreneurship institute. The 20 to 34 age bracket has the lowest rate.
Kauffman’s latest study shows that about 23% of new entrepreneurs in 2010 were in the 55 to 64 age group, compared with 15% in 1996.”
Is it wise to start a business in your 50’s, 60’s, or even beyond? Read more about the pros and cons: