Remove 2004 Remove Entrepreneur Remove Social Network Remove United States
article thumbnail

Baby Boomers May Be Your Biggest Startup Competitors

Startup Professionals Musings

Contrary to what you might guess, the highest rate of entrepreneurial growth over the last few years is not Gen-Y upstarts, but Boomers over the age of 50, now called encore entrepreneurs. 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.

article thumbnail

Encore Entrepreneur Is The New Baby Boomer Lifestyle

Startup Professionals Musings

Contrary to what you might guess, the highest rate of entrepreneurial growth over the last few years is not Gen-Y upstarts, but Boomers over the age of 50, now called encore entrepreneurs. 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.

Insiders

Sign Up for our Newsletter

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

article thumbnail

30 Entrepreneurs Reveal Their Favorite Business or Entrepreneur Turnaround Story

Hearpreneur

We asked entrepreneurs and business owners about their best business or entrepreneur turnaround story and here are the responses. #1- My favorite entrepreneur turnaround story is that of Lord Alan Sugar. Starbucks, which is now a common coffee hangout place all over the United States, has an interesting owner.

article thumbnail

Baby Boomers Are Surpassing Gen-Y As Entrepreneurs

Startup Professionals Musings

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 One new incentive is the falling transaction costs and barriers to entry for entrepreneurs of every age.

article thumbnail

Your Next Startup Will Likely Be Run By a Boomer

Startup Professionals Musings

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. They are becoming the new early adopters.

article thumbnail

6/16: What's Mine Is Yours: The Rise of Collaborative Consumption

David Teten

Our session looks at the rise of socially enabled platforms that blend commerce with community, where reputations trump credit ratings, and where hyper-distributed service businesses outgrow traditional monolithic suppliers. In 2004, Roo founded we:nited magazine – a youth politics magazine and website.

Darfur 122
article thumbnail

CEO Friday: Why we don’t hire.NET programmers

blog.expensify.com

They write everything from assembly to jQuery, on PCs to mobile phones, doing hard core computer graphics to high level social networking. Do you “entrepreneurs” really think a guy or gal that can compile Linux on a bicycle wants to write a secure payment processor on an iPhone, or a Flash app that runs on every browser?

Java 107