Entrepreneurship Amidst the Recession

Posted by on Mar 27th, 2010 and filed under New and Noteworthy, Profiles in Entrepreneurship. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

Times are still challenging for US markets on every level, but entrepreneurs seem to be governed by a different set of rules.

Statistics from MarketingProfs provides several encouraging assessments:

The drive to open a new business comes from within: Nearly two-thirds (66%) of entrepreneurs say they were inspired to start a business by innate desire, not by education or training.

People most likely to be involved in entrepreneurial activities are adults age 55-64, while younger adults (age 20-24) are the least likely to be involved in such activities. Meanwhile, 39 is the average age of US-born technology entrepreneurs at the time they started their companies.

Read the full post here.

Hustletown readers: What was the key factor that led you to start your own business? What is driving your success despite the recession?  Please share your experiences below!

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