New research released by Civic Ventures, a think tank on boomers, work and social purpose, shows that in a tough employment market, millions of Americans in their 40s, 50s and 60s are interested in creating jobs for themselves and others.
“Encore Entrepreneurs: Creating Jobs, Meeting Needs,” which was funded by MetLife Foundation and conducted by Penn Schoen Berland, shows:
- Approximately 25 million people – one in four Americans ages 44-70 – are interested in starting businesses or nonprofit ventures in the next five to 10 years.
- More than 12 million of these aspiring entrepreneurs (48 percent) want to be encore entrepreneurs, making a positive social impact as well as a living.
- Most potential encore entrepreneurs (72 percent) expect to create local, small organizations employing up to 10 people.
To view the Fast Facts in PDF format, click here.
To view the news release, topline results, and research methodology, visit www.encore.org/research.