An article was written back in September 2009, but it’s worth reposting. Dharmesh Shah (@dharmesh) highlighted some intriguing statistics regarding entrepreneurs (in America, I’m assuming), as published in a Kauffman report. The information was encouraging and definitely helped to dispel many of the fears and misconceptions that budding entrepreneurs (myself included) had about starting a new venture. Among its findings:
- The average and median age of company founders when they started their current companies was 40.
- 95.1 percent of respondents themselves had earned bachelor’s degrees, and 47 percent had more advanced degrees.
- Less than 1 percent came from extremely rich or extremely poor backgrounds.
- 15.2% of founders had a sibling that previously started a business.
- 69.9 percent of respondents indicated they were married when they launched their first business. An additional 5.2 percent were divorced, separated, or widowed.
- 59.7 percent of respondents indicated they had at least one child when they launched their first business, and 43.5 percent had two or more children.
For full article, visit onstartups.com.