Fact vs. Fiction Archive

Fiction: I can't become an entrepreneur at my age.

Fact: Over the past decade, Americans ages 55–64 have been at the head of the start-up pack, launching more businesses than any other demographic. Armed with knowledge, skills, and professional networks cultivated in their previous careers, this new wave of baby boomer entrepreneurs is showing that they have what it takes to launch successful businesses later in life. After working in more structured environments for years, some boomers are attracted to the flexible lifestyle and supplemental income that running their own businesses can provide. For many older entrepreneurs, retirement offers an opportunity to pursue lifelong passions and interests.

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