Friday, February 16, 2007

Grown-up enough to become an entrepreneur

Nearly half the US’s self-employed workers—7.4 million—are boomers (U.S. Department of Labor). This figure is expected to climb as people retire from one career to start another, lose their jobs or simply want the independence and flexibility of working for themselves.

"I am willing to bet that over the next 10 years, entrepreneurship is going to increase for people 50 and older, and especially for those 65 and older," says the head of research and policy at the Kauffman Foundation, which advances entrepreneurship in America.

This article from AARP gives good background to the subject.

This situation is exactly the same in the UK.

Let me give you a tip that is a sure-fire-winner; services supporting 50-plus start-up businesses and franchise companies are in for a boom time during the next decade. You will see a lot more companies like bizstarters hitting the streets. Dick Stroud

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