The Most Entrepreneurial Age Cohorts Are...

Boomers and Gen Xers, according to new research from the Kauffman Foundation:

"All of the age groups either experienced increases or no change in the rate of new entrepreneurs in 2017. The rate of new entrepreneurs is lowest among the youngest group... An aging population has led to a rising share of new entrepreneurs in the group aged 55-64This group represented 15 percent of new entrepreneurs in 1996, and it represented 26 percent of new entrepreneurs in 2017." (Source: 2017 National Report on Early-Stage Entrepreneurship, Kauffman Indicators of Entrepreneurship, February 2019)

And according to Pierre Azoulay et al, NBER, April 2018: "The Average Age of a Successful Startup Founder is 45."

Pierre Azoulay et al., also found: "Older Entrepreneurs are More Likely to Succeed:"

Intergenerational Entrepreneurship: The New Model to Create and Fund Startups

Instead of primarily targeting and funding entrepreneurs in their 20s, imagine if more Angel Investors and VCs invested in intergenerational startups (with co-founders from two different generations)? We would create more startups, and more startups positioned for success.

Intergenerational startups with co-founders from different generations bring diverse ideas, experiences and skills to become more successful and more attractive to angel investors. A great example of a successful intergenerational startup is

4GenNow connects and matches a solo founder from one generation with a co-founder from a different generation through its proprietary online matching system and in-person events.

Admin 4GenNow