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Mar
30

Business owners are getting younger

Fact. According to research by insurance company Simply Business,.On average, the age of small business is owners has been declining since 2007, predominantly due to an increasing number of young entrepreneurs.

Between 2007 and 2010, there was a 6.5% increase in the number of people aged between 25 and 34 who owned a business. There was also a 4% increase in the number of 18 to 25 year old business owners across the country.

It’s almost becoming a fashion to setup a business and work for yourself rather than work for someone else. Being a teenage MD and working with many people who fit into the ‘under 34 year old business owners’ group has been extremely beneficial to me. It’s given me great experience in business and in life and I’ve learned skills that I have been able to transfer across to other areas of my life, including my studies. None of which would have been possible if I hadn’t setup my own business.

3 comments

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  3. Tawny says:

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