‘It’s Never too Late’: Entrepreneurial Spirit Drives Older Women

Over the past several years, the number of women-owned businesses climbed to nearly 13 million — 42% of all U.S. businesses — and grew at double the rate of all U.S. businesses, according to the 2019 State of Women-Owned Business Report, which is based on U.S. census data.

And researchers found an increase in entrepreneurial activity among older people in the United Kingdom, specifically. When asked why they wanted to set up a business later in life, twice as many women than men said they wanted to realize “a long-held ambition,” according to the report, published in 2020.