The runway for ageless entrepreneurs - those of us in the second half of life - to launch and grow new enterprises - is wide open.
The recent Kaufmann Index of Startup Activity (2016) highlights a major trend in the American economy that is going largely unreported.
Startups among people below age 44 fell 12.95% from 1996 through 2016.
Startups among people above 45 rose 13.21% 1996 through 2016.
That's a 26.1% shift in entrepreneurship from younger to older entrepreneurs.
And yet the common myth is that startups are the purview of the young. Policies get made, infrastructure gets built and myths continue around this narrative. All the while, older entrepreneurs march ahead, setting the pace out of the limelight.
It's clearly not slowing down these ageless entrepreneurs. New opportunities arise daily. New problems arise that need solutions.
Older entrepreneurs have experience, knowledge and networks behind them. We are ideally positioned to grow new organizations of all kinds to meet this opportunity.
Welcome to the future!
Download the Kaufmann Index of Startup Activity. National Trends 2016.
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