More Millennial Entrepreneurs?

By moneygodmother

Recent news reports show a solid number–about 54%–of millennials express desires to start their own businesses. But only 8% have tried.

By Kauffman Foundation measures, the percentage of new entrepreneurs between ages 20-34 is actually less – 22.7% in 2013, compared to 34.8% in 1996. Look at more trends here. In the next 15 years, the number of Americans reaching their 30s and 40s – the peak years for entrepreneurs– will be larger than ever.

Do you have thoughts on what’s holding back young entrepreneurs? Do they know how to begin?