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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. With longer life expectancies and greater health in later life, older generations are moving to start new firms -- and mentor young entrepreneurs.

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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. With longer life expectancies and greater health in later life, older generations are moving to start new firms -- and mentor young entrepreneurs.

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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.

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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.

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Boomers are Driving a New Entrepreneurship Boom

Startup Professionals Musings

These indicate that the correct icon for an entrepreneur may now have gray hair, rather than the warm glow of youth: 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. They are becoming the new early adopters.

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Lousy Products Might Break Your Bones – But A Name Will Seldom Hurt You

infochachkie.com

Hands-on startup advice for emerging entrepreneurs. Lousy Products Might Break Your Bones – But A Name Will Seldom Hurt You John Greathouse – Posted in: Entrepreneur , Strategic Planning. Successful entrepreneurs have a bias toward action, as illustrated in Tom and Huck. Entrepreneur (167). infoChachkie.

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