article thumbnail

The Demographics Of New Venture Founders Are Changing

Startup Professionals Musings

83 percent of online users aged 50-64 use social media now, and the growth rate continues to increase. Social networking penetration by Boomers is now catching up with the other age groups, reaching nearly 90 percent across the board. In the U.S., immigrants are almost twice as likely to become entrepreneurs as native-born U.S.

article thumbnail

Baby Boomers May Be Your Biggest Startup Competitors

Startup Professionals Musings

65 percent of online users aged 50-64 use social media now, and the growth rate continues to increase. Social networking penetration by Boomers has now caught up with the other age groups, reaching about 80% across the board. One new incentive is the falling transaction costs and barriers to entry for entrepreneurs of every age.

Startup 119
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Baby Boomers Are Surpassing Gen-Y As Entrepreneurs

Startup Professionals Musings

Six out of 10 Internet users aged 50-64 use social media now, and the growth rate continues to increase. Social networking penetration by Boomers has now caught up with the other age groups, reaching about 80% across the board. The immigrant rate of entrepreneurial activity seems to be declining each year (now about.5%),

article thumbnail

Your Next Startup Will Likely Be Run By a Boomer

Startup Professionals Musings

Half of the Internet users aged 50-64 use social media now, an 88 percent growth from the previous year. Social networking penetration by Boomers has now caught up with the other age groups, reaching about 80% across the board.

Startup 112
article thumbnail

Internet Business Lingo Quiz for Entrepreneurs

Startup Professionals Musings

Social networks. They became popular for socializing, but now are prime sources of business networking, customer service, and client leads. Wikipedia started this, but it is also used for technical support, software, and product reviews. You are now reading one of 50 million out there already. Crowdsourcing.

article thumbnail

Encore Entrepreneur Is The New Baby Boomer Lifestyle

Startup Professionals Musings

65 percent of online users aged 50-64 use social media now, and the growth rate continues to increase. Social networking penetration by Boomers has now caught up with the other age groups, reaching about 80% across the board. One new incentive is the falling transaction costs and barriers to entry for entrepreneurs of every age.

article thumbnail

The social Web in 2010: The emerging standards and technologies to watch

SoCal Delicious

On CBS MoneyWatch: Why Debit Cards Are Dangerous BNET Business Network: BNET TechRepublic ZDNet ZDNet Members login Newsletters Site Assistance RSS Feeds Home News & Blogs Videos White Papers Downloads Reviews Popular Enterprise Web 2.0 This is the same with competing activity streams in various social networks.

Web 29