Who do you think is more likely to start a business? Is it the 20-something with nothing to lose or the 40-year-old settled down with kids? For those having second thoughts about starting a business later in life, consider that the average entrepreneur falls into the latter category with 75 percent having worked at another company for 6 years or more before starting their own.
And once you pursue that startup, don’t feel like you’re alone in your obstacles. Thirty-seven percent note that initiating contact with potential investors is their biggest challenge. Take a look at this infographic by ContactMe, to check out demographics on entrepreneurs and find out what common problems many small businesses share (hint: many involve clearing government hurdles.)