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Demographics of Entrepreneurs Starting a New Business

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TABLE OF CONTENTS

    How do you compare with other entrepreneurs and business owners?

    Statistics of New Business Owners

    The average median age of a new entrepreneur is 40.
    95% of you have a bachelor's degree or higher.
    Less than 1% of you were extremely well off or disadvantaged.
    15% have a sibling who started their own business.
    New business owners have a 70% married rate.
    75% had a desire to build wealth and 5% were unable to find traditional employment
    52% are the first in their family to start a company.
    Over 75% of you worked for other people for 6 or more years before starting your company.

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