Business Opportunities Weblog

Economy Holding Some Young Entrepreneurs Back

By on December 4, 2011 in News

Orlando Sentinel:

The survey, funded by the Ewing Marion Kauffman Foundation, found that more than half of the Millennial generation — those ages 18 to 34 — want to start a business or have already started one. But 38 percent of young adults say they have delayed starting a business because of the economy, the survey found.

“This poll reveals a generation that is enthusiastic about entrepreneurship, and that is good news for the U.S.,” said Carl Schramm, president and chief executive officer of the Kauffman Foundation, “Fifty-four percent of the nation’s Millennials either want to start a business or already have started one. They recognize that entrepreneurship is the key to reviving the economy.”

Maybe they should see the infographic Dane recently posted about successful companies that started during a recession?

Photo by Ashley Webb

recession statistics

Angela Shupe has added 5,783 posts to Business Opportunities Weblog.

Another Idea: How to Start a Business Broker Business

  • http://www.firstfound-blog.co.uk Andy @ FirstFound

    It’s not really surprising, given the current climate. When you’re bombarded with media pessimism, you’re not going to want to take risks!

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