The entrepreneurial over-50s

The BBC recently had some stuff about how older people are setting up their businesses. It always amuses me reading and listening to the tone of the BBC since there is always a hint of surprise and amazement that older might possibly be doing such things. A fact I have repeated many times in this blog, and will so again: only 5% of BBC employees are 55+.

Anyway, enough of this moaning. What this article says - like the one I recently contributed to in Business Week - is that a lot of older people are setting up their own businesses. This is a mega business opportunity – is anybody listening.

Something else you should consider is their gender. As stated in the BBC article

Although older women start fewer businesses than men, women are twice as likely as their male counterparts to set up businesses following big life changes such as ill-health, divorce or moving house.

I bet my boots that the majority of people starting up businesses in the 50-plus category are women. Dick Stroud