• Entrepreneurial Boomers

    The Sloan Center on Aging and Work at Boston College is doing some innovative projects – research, workshops and publications – on older workers.

    This month it published Fact Sheet #26 which provides a fascinating snapshot of entrepreneurship and the older worker.

    It cited, for example, a 2009 analysis of data from the Kauffman Foundation on Entrepreneurship in which individuals aged 55-64 “experienced the largest increase in entrepreneurial activity from 2007-2008 (0.31% to 0.36%), making it the age group with the highest entrepreneurial activity rate.”

    And for those of you who might be thinking that the current economic environment, layoffs and the dismal lack of job opportunites forced this entrepreneurial activity, another 2009 survey from the Kauffman Foundation, generated these results: “80.3% of respondents stated that inability to find traditional employment was not at all a factor in starting their own businesses. Only 4.5% said this was an important factor.”

    We’d love to hear some of your entrepreneurial thoughts – a new business, a new way of doing business, entrepreneurial ideas for your interview with the company where you’d like to work???

    Tags: , , , ,

1 Comment


  1. That certainly corresponds with the feedback we get from the senior entrepreneurs who subscribe to our site. Baby boomers want to make a contribution and feel that they are doing something with real value to others.

Leave a comment