Interesting stats, with thanks to Diana Ransom writing for Young Entrepreneur: 

  • 165 million entrepreneurs age 18-25, according to GEM report. There’s a higher percentage in the U.S. than any other country.
  • About three-fourths of millennials tell pollsters they want to start a business. The main reason they don’t (52%) is they don’t have the resources. Not a bad reason to cite.
  • 16% of 2011’s college graduating class started their own business. (Although I wonder if not finding a job is a factor.) That compares to about 5% in the early 1990s.
Lot’s of good data on this infographic, included in Diana’s post:

 

Tim BerryTim Berry

Tim Berry is the founder and chairman of Palo Alto Software and Bplans.com. Follow him on Twitter @Timberry.