Very interesting chart in this article that shows more educated people (masters, bachelor's, some college) are less entrepreneurial than they were 25 years ago. On the flip side, less educated folks (high school graduates and non-high school graduates) have seen an increase in entrepreneurship.
"In 1992, 4% of 25-54 year olds with a master’s degree or PhD owned a small company with at least 10 employees. In 2017, this was true of only 2.2%."
Could it be that the cost barrier is lower today than in the past, but there is much more money to be made as an educated employee today than 25 years ago?
"In 1992, 4% of 25-54 year olds with a master’s degree or PhD owned a small company with at least 10 employees. In 2017, this was true of only 2.2%."
Could it be that the cost barrier is lower today than in the past, but there is much more money to be made as an educated employee today than 25 years ago?