---
title: An Entrepreneur at Any Age
description: Entrepreneurs aren't just ambitious young adults - they are of all ages. Busey's right beside you no matter your age as you begin your startup.
image: https://moneymatters.busey.com/hubfs/EntrepreneurAtAnyAge.jpg
---

- [Personal](https://www.busey.com/personal)
- [Business](https://www.busey.com/business)
- [Wealth Management](https://www.busey.com/wealth-management)
- [Mortgage](https://www.busey.com/mortgage)
- [Ag Services](https://www.busey.com/ag-services)
- Community 
    - [Busey Drives Generosity](https://www.busey.com/busey-drives-generosity)
    - [Community Banking](https://www.busey.com/personal/community-banking)
    - [Community Calendar](https://www.busey.com/about-us/community-calendar)
    - [Community Shred Day Events](https://www.busey.com/about-us/shred-days)
    - [Financial Education Center](https://www.busey.com/personal/financial-pathways)
    - [Busey Bank Bridge Scholorship](https://www.busey.com/busey/busey-bank-bridge-scholarship)
    - [Community Reinvestment Notice](https://www.busey.com/about-us/community-reinvestment-notice)
    - [Community Reinvestment Act Public File](https://www.busey.com/about-us/community-reinvestment-act-public-file)
    - [Charitable Contributions Guidelines](https://www.busey.com/about-us/charitable-contributions-guidelines)
- About Us 
    - [The Busey Way](https://www.busey.com/about-us/the-busey-way)
    - [Busey Volunteerism](https://www.busey.com/about-us/busey-volunteerism)
    - [Giving Back to the Communities](https://www.busey.com/about-us/impact)
    - [Awards & Recognition](https://www.busey.com/awards-and-recognition)
    - [Newsroom](https://www.busey.com/about-us/newsroom)
    - [Investor Relations](https://ir.busey.com/)
- [Careers](https://www.busey.com/about-us/careers)

Open Search

Close search dialog

Enter search terms

Start Site Search

[![Busey Bank](https://moneymatters.busey.com/hubfs/Busey_October2019/images/busey-bank.svg)![Busey Bank](https://moneymatters.busey.com/hubfs/Busey_October2019/images/busey-circle.svg)](https://www.busey.com/)

- I want to 
    - [Open an Account](https://go.busey.com/)
    - [Apply for a Consumer Loan](https://app.loanspq.com/apply.aspx?enc=Kw21Wblm1yxpjJabdoZaD-jlXO7mpgTdb1qy86LnvVIwZ_IS0ex49CDYic-LEbz2VzE7E43j2guZbuQ41B2elw)
    - [Purchase or Refinance a Home](https://www.busey.com/mortgage)
    - [Enroll in Online Banking](https://www.busey.com/personal/products-and-services/online---mobile/online-banking)
    - [Request an Appointment](https://www.busey.com/bank-by-appointment)
    - [Join Team Busey](https://www.busey.com/about-us/careers)
- Tools & Resources 
    - [Money Matters Blog](https://moneymatters.busey.com/)
    - [Customer FAQs](https://www.busey.com/busey/customer-care/frequently-asked-questions)
    - [Financial Calculators](https://www.busey.com/personal/financial-calculators)
    - [Request an Appointment](https://www.busey.com/bank-by-appointment)
    - [Holiday Observances](https://www.busey.com/busey/customer-care/holiday-observances)
    - [Disclosures](https://www.busey.com/busey/customer-care/disclosures)
    - [Publications](https://www.busey.com/money-matters/publications)
- Customer Care 
    - [Contact Us](https://www.busey.com/busey/customer-care/contact-us)
- Locations 
    - [Locations & Hours](https://www.busey.com/busey/customer-care/locations-and-hours)

- I want to 
    - [Open an Account](https://go.busey.com/)
    - [Apply for a Consumer Loan](https://app.loanspq.com/apply.aspx?enc=Kw21Wblm1yxpjJabdoZaD-jlXO7mpgTdb1qy86LnvVIwZ_IS0ex49CDYic-LEbz2VzE7E43j2guZbuQ41B2elw)
    - [Purchase or Refinance a Home](https://www.busey.com/mortgage)
    - [Enroll in Online Banking](https://www.busey.com/personal/products-and-services/online---mobile/online-banking)
    - [Request an Appointment](https://www.busey.com/bank-by-appointment)
    - [Join Team Busey](https://www.busey.com/about-us/careers)
- Tools & Resources 
    - [Money Matters Blog](https://moneymatters.busey.com/)
    - [Customer FAQs](https://www.busey.com/busey/customer-care/frequently-asked-questions)
    - [Financial Calculators](https://www.busey.com/personal/financial-calculators)
    - [Request an Appointment](https://www.busey.com/bank-by-appointment)
    - [Holiday Observances](https://www.busey.com/busey/customer-care/holiday-observances)
    - [Disclosures](https://www.busey.com/busey/customer-care/disclosures)
    - [Publications](https://www.busey.com/money-matters/publications)
- Customer Care 
    - [Contact Us](https://www.busey.com/busey/customer-care/contact-us)
- Locations 
    - [Locations & Hours](https://www.busey.com/busey/customer-care/locations-and-hours)

![](https://moneymatters.busey.com/hubfs/Busey_October2019/MoneyMattersBlogHeader_December2023.jpg)

# An Entrepreneur at Any Age

Posted by [Busey Bank](https://moneymatters.busey.com/author/busey-bank) on Mar 1, 2021 2:06:57 PM

![Busey Bank](https://moneymatters.busey.com/hubfs/Logos/BuseyCircleBlue.png)

Find Busey on:

[Facebook](https://www.facebook.com/BuseyBank/) [LinkedIn](https://www.linkedin.com/company/busey/mycompany/) [Twitter](https://twitter.com/busey)

Share on:

[![Share on facebook](https://f.hubspotusercontent00.net/hub/7528304/hubfs/raw_assets/public/mV0_hubspot/img/facebook-color.png?width=24&name=facebook-color.png)](http://www.facebook.com/share.php?u=https://moneymatters.busey.com/an-entrepreneur-at-any-age&utm_medium=social&utm_source=facebook) [![Share on linkedin](https://f.hubspotusercontent00.net/hub/7528304/hubfs/raw_assets/public/mV0_hubspot/img/linkedin-color.png?width=24&name=linkedin-color.png)](http://www.linkedin.com/shareArticle?mini=true&url=https://moneymatters.busey.com/an-entrepreneur-at-any-age&utm_medium=social&utm_source=linkedin) [![Share on twitter](https://f.hubspotusercontent00.net/hub/7528302/hubfs/raw_assets/public/mV0_hubspot/img/twitter-color.png?width=24&name=twitter-color.png)](https://twitter.com/intent/tweet?original_referer=https://moneymatters.busey.com/an-entrepreneur-at-any-age&utm_medium=social&utm_source=twitter&url=https://moneymatters.busey.com/an-entrepreneur-at-any-age&utm_medium=social&utm_source=twitter&source=tweetbutton&text=) [![Share on pinterest](https://f.hubspotusercontent00.net/hub/7528304/hubfs/raw_assets/public/mV0_hubspot/img/pinterest-color.png?width=24&name=pinterest-color.png)](http://pinterest.com/pin/create/button/?url=https://moneymatters.busey.com/an-entrepreneur-at-any-age&utm_medium=social&utm_source=pinterest&media=)

Startups aren’t reserved for Millennials, those born from the early 1980s to the early 2000s. There are plenty of entrepreneurs – [Reid Hoffman](https://en.wikipedia.org/wiki/Reid_Hoffman) of [LinkedIn home page](https://www.linkedin.com/) and [Leo Goodwin](https://en.wikipedia.org/wiki/Leo_Goodwin,_Sr.) of [GEICO](https://www.geico.com/), for example – who followed their dreams of owning their own business later in life. Entrepreneurship at an older age can come with certain advantages.

![Man concentrating at his computer in a dark office lit only by computer.](https://moneymatters.busey.com/hs-fs/hubfs/Business-Commercial111.jpg?width=572&name=Business-Commercial111.jpg)

Waiting to start your startup could be what ultimately leads to your success:

1) With age comes wisdom—and **experience.** Older entrepreneurs benefit from greater insight of the market and the audience—increasing their chances of success.

2) **Investment** in their dream. Unlike experienced entrepreneurs, who recognize the importance of contributing their own savings, young people usually don’t have the capital to commit to their startup.

3) **Network** of professionals. As experienced professionals in the industry, older entrepreneurs have established contacts – which can take years or decades to create.

As you can see, youth isn’t always the secret to success for startups. If you need more motivation, here are interesting stats about experienced entrepreneurs from a [study](https://www.kauffman.org/what-we-do/research/2014/02/the-challenges-and-advantages-of-senior-entrepreneurship) by the [Kauffman Foundation](https://www.kauffman.org/):

- Businesses started by those ages 55 to 64 accounted for nearly one-quarter of all new businesses.

- Americans in the 55-64 age group start new businesses at a higher rate than those in their 20s and 30s.

- The average age of founders of U.S. companies who went on to hire at least one employee was 42.

No matter your age—or your financial needs—Busey can help you with the resources to help you succeed. Contact us today at **1.800.67 | Busey** or visit one of our many convenient locations to determine which products and services are right for your business.

 Topics: [Business](https://moneymatters.busey.com/tag/business), [Personal](https://moneymatters.busey.com/tag/personal), [Wealth](https://moneymatters.busey.com/tag/wealth)

# Join the online Busey community and leave a comment below!

### Busey Bank knows Your Money Matters

Money Matters, a financial blog designed to provide insights, resources and tips from the financial experts at Busey, covers a variety of topics to help you realize your financial goals. Topics are focused on Busey's five lines of business—personal, mortgage, commercial, cash management and wealth management. 

New content is added regularly to deliver up-to-date information in today's evolving financial landscape. We encourage you to subscribe to Money Matters to ensure you don't miss helpful tips and how to's as they become available.

### Subscribe Here!

### Recent Posts

### Posts by Tag

- [Wealth (149)](https://moneymatters.busey.com/tag/wealth)
- [Fraud (58)](https://moneymatters.busey.com/tag/fraud)
- [Personal (52)](https://moneymatters.busey.com/tag/personal)
- [Retirement Planning (29)](https://moneymatters.busey.com/tag/retirement-planning)
- [Business (28)](https://moneymatters.busey.com/tag/business)
- [Financial Planning (22)](https://moneymatters.busey.com/tag/financial-planning)
- [Tax Planning (17)](https://moneymatters.busey.com/tag/tax-planning)
- [Estate Planning (13)](https://moneymatters.busey.com/tag/estate-planning)
- [Investment Management (10)](https://moneymatters.busey.com/tag/investment-management)
- [Student (9)](https://moneymatters.busey.com/tag/student)
- [Mortgage (8)](https://moneymatters.busey.com/tag/mortgage)
- [Life Insurance (4)](https://moneymatters.busey.com/tag/life-insurance)
- [Charitable Contributions (3)](https://moneymatters.busey.com/tag/charitable-contributions)
- [Cybersecurity (2)](https://moneymatters.busey.com/tag/cybersecurity)
- [Agriculture (1)](https://moneymatters.busey.com/tag/agriculture)
- [COVID-19 (1)](https://moneymatters.busey.com/tag/covid-19)
- [Private Client (1)](https://moneymatters.busey.com/tag/private-client)

See all

top

[X](https://x.com/busey) [Facebook](https://www.facebook.com/pages/Busey/170837079633132) [Instagram](https://www.instagram.com/buseycorp/) [LinkedIn](https://www.linkedin.com/company/busey/)

- [U.S. Consumer Privacy Notice](https://www.busey.com/privacy-and-security)
- [Terms of Use](https://www.busey.com/terms-of-use)

©2026 Busey Bank

[Equal Housing Lender](https://www.hud.gov) [Member FDIC](https://www.fdic.gov)