Empire Digital Products CEO Comments on the Rise of Entrepreneurship Amongst an Older Generation

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Empire Digital Products CEO, Scott Brodsky, comments on the rise of entrepreneurship within the country’s older age demographic.

On May 31, Empire Digital Products CEO, Scott Brodsky comments on the rise in entrepreneurship within the country’s older age demographic.

According to a MLive.com article, “entrepreneurs over 50 have launched their own ventures at a higher rate than 20-34-year-olds every year since at least 1996.” A Kaufmann study found that “business owners ages 55 to 64 represented more than 23 percent of new entrepreneurs last year, compared to 14 percent, 17 years ago.”

This increase can be partially credited to the fact that people are living longer. People are retiring and/or taking buyouts but still need additional income. Whatever the case may be, America's older population has more people starting businesses.

Joan Jonkheere, a 66-year old former rehabilitation nurse decided to turn her hobby into a business, Memory Bears LLC. She makes and sells custom stuffed bears out of loved ones' clothes, quilts and other keepsake materials. She says it is something she really has a passion for.

Todd Truman, 56, decided to start a Michigan-themed T-shirt company after he struggled to make enough money as a wholesale apparel sales rep. He says in the article, “I was kind of battling some employment issues and being of a certain age, it was more daunting to be faced with getting back into the employment arena at my age and trying to find work.”

According to a 2011 report funded by the MetLife Foundation, “about 25 million people, or one in four Americans ages 44 to 70, are interested in launching a business or nonprofit in the next several years.”

Empire Digital Products CEO, Scott Brodsky, understands this will to work. “I can’t imagine not working. I thoroughly enjoy what I do and hope to have the opportunity to work well into my golden years. I think it is great that our older age population is continuing to contribute to the workforce. You’re never too old to start a business and make your passion into a reality. I admire them and hope this is a trend that will continue for years to come.”

Empire Digital Products is currently one of the most well respected copier dealerships in New York. Their dual focus is on reducing overhead and enhancing document workflow. With the best service department in the industry and a very capable staff it is no wonder Empire has met with such success.

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