New Study Shows Baby Boomers Most EntrepreneurialFebruary 27, 2013 by Sally Farhat Kassab
Skoll awardee Encore.org was just quoted in Fast Company — a new study found that 45% of respondents between 50 and 69, compared to just 32% of 18 to 29 year olds, labeled themselves as entrepreneurial. Encore.org is makes it easier for millions of people to pursue second acts for the greater good. Encore.org calls them “encore careers” – jobs that combine personal meaning, continued income and social impact – in the second half of life.
Here’s what Marc Freedman of Encore.org told Fast Company about the study:
“From a cognitive perspective, older people have more education and have had more chances to try and to fail in their careers and in life, experience which is always good to draw on if you want to start a successful new venture. And as Marc Freedman of Civic Ventures argues, people in the second half of life are more likely to be looking for a way to combine ‘passion, purpose and a paycheck’–looking for work that marries their values and their interests, and allows them to leave a legacy. That is, they may be taking more risks because they have less to lose in pursuit of work that feeds their souls.”