Gen Y Entrepreneurs: More Likely to Succeed in Recession

Youngsters are more optimistic about their companies’ success during economic recovery. Generation Y business owners between the ages of 18- to 28-years old are more geared for growth in the recession than either Gen X (29-44) or Baby Boomers (45-63), found a new study. Despite the economic gloom, these entrepreneurs are building wildly successful ventures as featured in Inc’s 2009 30 Under 30 package. The American Inc.com - The Daily Resource for EntrepreneursExpress (AMEX) OPEN Small Business Monitor, a semi-annual survey of small business owners and their companies, found that 80-percent of entrepreneurs from age 18-28 have a more positive outlook on business prospects in the recovering economy. Read full story:

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