Boomers Drive New Wave of Entrepreneurship Across Ages
A Kansas City based study shows 55 to 64 year olds rose from 14.3 percent of new entrepreneurs in 1996 to 23.4 percent last year. The trend reflects easing startup costs and aging demographics as older adults pursue self employment or plan B after job market disappointments. 64-year old Jim Gray runs Crash Boom Bam from a spare bedroom, illustrating practical boomer entrepreneurship.