Boomer Small Business Start-Ups on the rise.

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Boomer Small Business Start-Ups on the rise.

by Stefan Töpfer on Nov 07, 2007

Jason had an article about the fact that over 60% of business start-up activity comes from people aged over 50:

“….. Figures released indicate that the average ’silver startup’ will work alone and from home with an average annual turnover of £67,500, and with one in ten turning over more than £100,000. Not bad for a home based business, but imagine what you could do with business support? …”

He calls them “silver startups”, I had never heard this term before, the term I know is “Boomer Startups” – whatever it is, it is good news. We all get older and have a much healthier life in older age, so why not do something you enjoy and make a business out of it.

I agree with him, with added business support and a small business infrastructure, we could help many more entrepreneurs to be more successful in business long term.

As I said so often before, this startup boom is just getting started, we will see much more in years to come, across all age groups. ST.

This entry was posted on Wednesday, November 7th, 2007 at 3:50 pm and is filed under Boomer Business, News, Start-Up, start-up in business. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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2 Responses to “ Boomer Small Business Start-Ups on the rise. ”

Martin Zwilling

Said on January 12th, 2009 at 3:26 am
I’ve never heard the term “silver startups” before, but this article supports what I have been preaching for some time – that boomers are “the next big thing” in startups. See my article on http://blog.startupprofessionals.com titled “Engage Boomers in your Startup” which recommends specific roles where they are the best candidates.

Marty Zwilling, Founder & CEO, Startup Professionals, Inc.
Company Formation UK

Said on March 2nd, 2009 at 12:18 pm
‘Silver startups’ is a great term. I’ll be looking more into the best-suited roles for them this week – sounds very interesting indeed.

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