Demographics of Entrepreneurs Starting a New Business

How do you compare with other entrepreneurs and business owners?

Statistics of New Business Owners

The average median age of a new entrepreneur is 40.
95% of you have a bachelors degree or higher.
Less than 1% of you were extremely well off or disadvantaged.
15% have a sibling who started their own business.
New business owners have a 70% married rate.
75% had a desire to build wealth and 5% were unable to find traditional employment
52% are the first in their family to start a company.
Over 75% of you worked for other people for 6 or more years before starting your company.

Melissa Clark
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Melissa Clark

Head of Content & Customer Marketing at Incfile
Melissa sets the vision for Incfile's content marketing and customer relationship management. Melissa has more than 10 years experience in various marketing roles, and a passion for supporting small businesses as they incorporate and grow. She loves sharing information that will help business owners maximize their LLCs, Corporations and Nonprofits. In her spare time, Melissa is an active member of The Junior League and enjoys running half marathons.
Melissa Clark
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