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older

Entrepreneurs in America are generally pretty optimistic these days, according to a new survey. So why are older business owners more pessimistic than younger ones?

Yesterday, the Kauffman Foundation, a nonpartisan group supporting entrepreneurship, released its 2018 State of Entrepreneurship survey of 2,165 business owners. Overall, 77% who’ve been in business more than five years and 67% of newer business owners rated their 2017 performance positively; so did 70% of owners under age 45. But only 59% of entrepreneurs 45 and older said their businesses did well last year.