70% of businesses started by people in their fifties were likely to survive for a least five years, compared to only 28% of businesses started by those aged under 50. (1)
A major study in the US shows that the likelihood of success as a founder increases with age until the age of 60. The older you get, the more likely your chances of success are, and you don’t necessarily need practice as an entrepreneur to become one. (2)
Is starting a business in later life good for you? find out more Here!
Five Year Business Survival Rate
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