There was another story on the growing trend of Entre-Boomers (Baby Boomers who become entrepreneurs late in their careers) in Business Week.
[M]any boomers–or those 78 million Americans born between 1946 and 1964–are leaving corporate jobs to start their own businesses. And it’s not just because they’re ready to retire; though some have the time and money to try life as an entrepreneur, many don’t. They…are often worried about disturbing corporate trends like layoffs and pension cuts that are leaving many in their age bracket with a tough road through retirement.
“Baby boomers are looking at starting real businesses–looking for another 10- to 12- to 15-year career, God willing,” says Paul Magelli, senior scholar-in-residence at the Kansas City (Mo.)-based Kauffman Foundation.
We are seeing an interesting trend with two distinct demographic bulges in entrepreneurial activity. The Entrepreneurial Generation, who are in their 20s, and the Entre-Boomers in their 50s and early 60s.
(Thanks to John Russell, a fellow Boomer and former graduate student of mine, for sending this along).