SMBs Are Getting Older

Here are some interesting stats drawn from an article in the NY Times about people starting their own businesses at 50 and older:

• More than five million Americans age 55 or older run their own businesses or are otherwise self-employed, according to the Small Business Administration. And the number of self-employed people ages 55 to 64 is soaring, the agency says, climbing 52 percent from 2000 to 2007.
• Americans age 55 and above started 18.9 percent of all businesses created in 2008, compared with 10 percent in 2001. 

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