Is Age Just A Number? Big Wins By Older Entrepreneurs

October 20, 2015

The entrepreneurial archetype that people think of in 2015 is usually some sort of kid-genius programmer or visionary that strikes it big. Think of Mark Zuckerberg, who created co-founded Facebook in his early 20s and launched a multi-billion dollar empire. However, through society’s reverence for such enigmatic figures, we’ve forgot about a group that gets less appreciation than they deserve: entrepreneurs who launch big businesses closer to their golden years. There are actually more entrepreneurs in higher age brackets than before. Just 14.3% of new entrepreneurs in 1996 were older than 55, and in 2012 that number soared to 23.4%.

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