A new survey by Yahoo! mall Business finds that many Americans feel that they would never be too old to start a new business. When asked the question, ”At what age do you think it would be too late to start you own business?” 70% of respondents age 45-54 and 72% of those age 55 and above chose the response, ”I will never be too old to start my own business.” The represents a dramatic increase over last years number of 54%.
Interestingly, it’s not about the money – only 3% said getting rich was the main reason they wanted to start a business. Instead, 31% said that doing work that they really love was the main reason for launching a business. The second most popular reason, was ”to be my own boss (22%).” ‘