The Entrepreneurial Mind: Entre-Boomers Rule

By Jeff Cornwall

There has been quite a bit of discussion lately about the role the Entre-Boomers (those of us from the Baby Boomer generation who are pursuing entrepreneurship) in the economy. Now that we are in what looks to be a prolonged economic lull, the role of Entre-Boomers may become more important than ever.

My colleague John Wark sent along a discussion about this that was published this week at The American:

Contrary to popularly held assumptions, it turns out that over the past decade or so, the highest rate of entrepreneurial activity (a measurement of new business creation) belongs to the 55-64 age group. The 20-34 age bracket meanwhile--which we usually identify with swashbuckling and risk-taking youth (think Facebook and Google)--has the lowest. Perhaps most surprising, this disparity occurred even during the decade surrounding the dot-com boom--when the young entrepreneurial upstart became a cultural icon. (more)