The 40 Year Old Virgin Entrepreneur

A new study from the Marion Kauffman Foundation shows most more than 95% of entrepreneurs surveyed in the study had earned bachelor’s degrees, and 47% had more advanced degrees. Besides being well-educated, the median age of company founders in this sample when they started their companies was 40 years old, while the majority were married (69.9%) with at least one child (59.7%) as start-up founders.

Backgrounds of Entrepreneurs

The study found that 71.5% of respondents came from middle-class backgrounds, while 21.8% said they came from upper-lower-class families. Less than 1% have extremely rich or extremely poor backgrounds.

Motivations of Business Owners

As for the primary motivation for starting their companies, the entrepreneurs in the survey indicated overwhelmingly (74.8%) that they desired to build wealth. Nearly as important to these entrepreneurs with regards to starting up a business was “capitalizing on a business idea,” as 68.1% of respondents selected this factor. Other popular motivators include the appeal of a start-up culture; a desire to own a company; and a lack of interest in working for someone else.

Women and Men?

Interestingly, the study did not say the ratio of men and women entrepreneurs.

Please tell me what you think.

Comments

[celebrities exposed]

40 year old virgin is best comedy ever. Actors is genies.

[tiffany co]

Tiffany jewelry will absolutely be able to satisfy your unique and distinctive needs with its first-class technique. And to satisfy your self-esteem, you can visit tiffany jewellery online store for your tiffany pieces.

[The 40 Year Old Virgin SoundTrack]

I've never seen the movie, but I can tellyou as a 54 yr. male virgin, it's not as uncommon as people think. In my case several factors lead to my current state. I never felt comfortable around girls as I grew up, and none of them ever seemed interested in me.

[Wealthy Bag Lady]

In the blog post, I was talking about virgin entrepreneurs, people who had never started a business before.

I think virginity is something special to be celebrated in business and in life.

[here]

Im pretty comfortable with it. This fits me.