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Starting Small Businesses Later in Life

Small Business Trends:

[There is a] growing trend of people in the United States starting businesses later in life or after retirement. And he’s got lots of company.

Yahoo Small Business commissioned Harris Interactive to conduct a survey to gauge entrepreneurial attitudes back in April 2005.

Of those surveyed, 56% said they wanted to own their own business later in life. That’s more than four times as many who simply want to retire and not work at all!

This chart of survey data tells the story:

yahoo later in life survey

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