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Growth Spurt

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This story appears in the November 1997 issue of Entrepreneur. Subscribe »

It's often said that youth is wasted on the young. But according to a number of studies, 18- to 34-year-olds are making good use of their youthful energy by starting or investing in businesses.

In its January 1997 report, A National Survey Among Stock Investors, the Nasdaq Stock Market found that 19 percent of Generation X investors expect to use the proceeds from the sale of their stocks to start a business. And preliminary statistics gathered in 1993 as part of the National Panel Study of U.S. Business Start-Ups found that seven out of 10 start-ups are launched by people aged 25 to 34.

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