Startup Professionals Musings

article thumbnail

Baby Boomers May Be Your Biggest Startup Competitors

Startup Professionals Musings

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. In every one of the last 15 years, Boomers between the ages of 55 and 64 have had a higher rate of entrepreneurial growth than Gen-Y, aged 20–34. These trends seem likely to persist.

article thumbnail

Encore Entrepreneur Is The New Baby Boomer Lifestyle

Startup Professionals Musings

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. In every one of the last 15 years, Boomers between the ages of 55 and 64 have had a higher rate of entrepreneurial growth than Gen-Y, aged 20–34. These trends seem likely to persist.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

7 Strategies To Cultivate Next Generation Leadership

Startup Professionals Musings

They started out as that spoiled generation of kids, born between about 1982 and 2004, who had everything, and could care less about business. Millennials have come a long way in business since I started writing about them over ten years ago. Today they are in every business and will likely comprise 75 percent of the workforce by 2025.

article thumbnail

Factual Data On Popular New Venture Success Timelines

Startup Professionals Musings

But add another five years, and Google had made it, going public in 2004 with a market capitalization of $23B. Google - Larry Page and Sergey Brin started working on Google in 1996 – but three years later in 1999, few people had even heard of it yet.

article thumbnail

7 New Opportunities Based On Trends And Demographics

Startup Professionals Musings

million, born 1985-2004, biggest business opportunity Baby Boomers (no other name) – 70.7 Gronbach is well-known for his generational research and keen forecasting of societal trends. First, a quick summary of the major U.S. demographic generations out there today, ranked from large to small: Generation Y (Millennials) – 82.9

article thumbnail

7 Strategies To Solve Your Business Problems Faster

Startup Professionals Musings

Way back in 2004, he cared enough about an associate's injury to spend time investigating, and used the exercise to isolate a root cause without blaming anyone. The right first step for every issue is the old “ ask why three times ” strategy to get to the root of the problem. Don’t waste time fixing symptoms.

Dividend 382
article thumbnail

7 Tips For Building Millennials Into Next-Gen Leaders

Startup Professionals Musings

They started out as that spoiled generation of kids, born between about 1982 and 2004, who had everything, and could care less about business. Millennials have come a long way in business since I started writing about them nearly ten years ago. Today they are in every business, and will likely comprise 50 percent of the workforce by 2020.

Viral 319