Aging Boomers lead startup growth
A study finds that the number of middle-aged Americans starting businesses is surging.
By Gary Stern, FSB Contributor
August 13 2007: 3:50 AM EDT
(FSB Magazine) -- Which Americans are leading the surge in entrepreneurship? Aging boomers.
According to the U.S. Bureau of Labor Statistics (bls.gov/cps/cpsaat15.pdf), the ranks of the self-employed aged 55 to 65 rose 33 percent in 2006; the number of self-employed 25- to 35-year-olds fell 2 percent.
In a quarterly survey by outplacement firm Challenger Gray & Christmas (challenger-gray.com) of its clients - mostly managers and executives - the number starting firms or turning to self-employment rose 29 percent in the first quarter of 2007 over the first three months of 2006. Of those, a staggering 88 percent were 40 and older.
Techno Granny Show blog is an additional way for Techno Granny Talk Cast fans to keep up with Techno Granny. She is a 61 year old single grandmother who also hosts four Talk Casts on the Talk Shoe network. The Techno Granny show is designed to bring baby boomers and others up to snuff with 21st Century technology. TechnoGranny Talks is more than that, it is technology finds and opinions of a tech savvy grandmother who is a power user of technology.
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