What kind of person is attracted to the freedom and opportunities involved in starting their own business? You might be surprised.
- The average and median age of company founders when they started their current companies was 40.
- 69.9% of founders indicated they were married when they launched their first business. An additional 5.2 percent were divorced, separated, or widowed.
- 59.7% had at least one child when they launched their first business, and 43.5% had two or more children.
- 74.8 percent say that a desire to build wealth was an important motivation in becoming an entrepreneur.
- The majority had worked as employees at other companies for more than six years before
launching their own companies.
- 15.2 % of founders had a sibling that previously started a business.