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Myths Busted – Not all entrepreneurs 65 and older are ready to retire

You might think the typical entrepreneur is a young person launching a hot new tech startup, clad in a hoodie and coding from their parents’ garage. But that’s just one of the many myths we uncovered when researching America’s self-employed workforce.

According to FreshBooks’ 2019 Self-Employment in America Report, there are 15 million full-time, self-employed people living across the U.S. Roughly 3 million of them are aged 65 and over.

The vast majority of these older entrepreneurs – 88% – said they began working for themselves because they wanted to, not because they were forced to through job loss or for financial reasons – and they’re not showing any signs of slowing down.

Despite being at the age when many people would retire, these entrepreneurs are still ambitious about their plans for their businesses, shattering any myths you might have around entrepreneurship being limited by age.

Check out our infographic below to learn how entrepreneurs 65 and older are thriving in their careers.

About FreshBooks

FreshBooks is the #1 invoicing and accounting software designed exclusively for self-employed professionals and their teams. The company has helped more than 20 million people worldwide process billions of dollars with its ridiculously easy-to-use invoicing, time-tracking, online payments and expense management features. Recognized with eight Stevie awards for best customer service in the world, the company’s mantra is to “execute extraordinary experiences everyday.” Based in Toronto, Canada, FreshBooks serves paying customers in 160 countries. www.FreshBooks.com

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