Senior Citizens Start More Business Than Young

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When they picture the modern American entrepreneur, many people imagine Mark Zuckerberg-types — young, tech-savvy, fresh out of college. But when it comes to successful entrepreneurship, the best years of life may be after 50.

According to a survey by the nonprofit Kauffman Foundation, Americans aged 55 to 64 start new business ventures at a higher rate than any other age group, including twentysomethings. In 2010, the survey said, 23 percent of new entrepreneurs were aged 55 to 64, up from 14 percent in 1996.

Photo by SueC/ShutterStock.


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