Where are the entrepreneurs?

July 07, 2009

Where are the entrepreneurs?

We are currently experiencing a bulge in the 45-64 age group which, naturally, will mean a bulge in the over-65 age groups in coming years...
Why does this matter for entrepreneurship? Contrary to popularly held assumptions, it turns out that over the past decade or so, the highest rate of entrepreneurial activity (a measurement of new business creation) belongs to the 55-64 age group. The 20-34 age bracket meanwhile-which we usually identify with swashbuckling and risk-taking youth (think Facebook and Google)-has the lowest.

In every single year from 1996 to 2007, Americans between the ages of 55 and 64 had a higher rate of entrepreneurial activity than those aged 20-34. - Jack Schultz* in his BoomTown Institute newsletter. ;

So. Again. Where are the entrepreneurs? Data...points to them, us, being in the boomer bulge.

* Jack Schultz of BoomTown Institute . If you're interested in entrepreneurship, community development, rural development or just learning from someone smart, focused, knowledgeable and who offers pragmatic solutions from a range of sources....subscribe to his newsletter.

Note: Jack shared his thoughts recently with me on all the above and more ; on my BlogTalk Radio show. You can listen at this link.

Posted on July 07, 2009 at 08:41 AM in Blogtalk radio, Current Affairs, leadership, Rural Economy, small business, small business leaders | Permalink

Technorati Tags: building entrepreneurs, entrepreneur, entrepreneurial spirit, leadership

TrackBack

TrackBack URL for this entry:
http://www.typepad.com/services/trackback/6a00e55197a0e18833011571d39844970b

Listed below are links to weblogs that reference Where are the entrepreneurs? :

Comments

You can follow this conversation by subscribing to the comment feed for this post.

Verify your Comment

Previewing your Comment

Posted by: |

This is only a preview. Your comment has not yet been posted.

Your comment could not be posted. Error type:

Your comment has been saved. Comments are moderated and will not appear until approved by the author. Post another comment

The letters and numbers you entered did not match the image. Please try again.

As a final step before posting your comment, enter the letters and numbers you see in the image below. This prevents automated programs from posting comments.

Having trouble reading this image? View an alternate.

Post a comment

Comments are moderated, and will not appear until the author has approved them.

Keep.Moving.Forward

Weekly Post with 5 Steps to...Keep.Moving.Forward
We're all entrepreneurs from the day we're born. We carve out and create our lives, seeking uncharted pursuits and goals and opportunities throughout our lives. Like business entrepreneurs we hit, what seem like, a unconquerable series of challenges. Setbacks come in succession. And we struggle. There's a lot of that going around. Here's a weekly series of posts which contain 5 steps you can take today. Each step can help you keep moving forward. You can take one today or 5 or a different one for 5 days. Rest on the weekend. Let's Keep.Moving.Forward!

Zane Safrit

July 07, 2009