While entrepreneurial endeavors have typically been undertaken by young people (energy, enthusiasm, no kids), a recent study finds that older Americans are now more active in starting their own businesses. Meanwhile, entrepreneurial activity has decreased amongst the typical 18-44 age group.  Questions remain as to the cause of this trend, although the study’s authors seem to suggest that tight financing from formal and informal sources (family, friends, and fools) may be partly to blame. While young would-be entrepreneurs tend to have little of their own capital to work with, experienced professionals in the midst of a career change may have a bit more to draw on as they strike out on their own.

Here’s the link to the original story at FoxBusiness. From there, you can link to the study from Global Entrepreneurship Monitor.

http://www.foxsmallbusinesscenter.com/humanresources/2010/01/13/older-americans-boldly-started/

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