According to the January 2014 Who Started New Businesses in 2013? survey by The Kauffman Foundation and LegalZoom, 42 percent of new business owners had at least 10 years experience before starting their company. Here are other numbers.
8% business owners who incorporated in 2013 who have a high school diploma, GED or less
34% new business owners who have a bachelor’s degree
86% new owners who used personal savings to start their companies
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16% owners who used credit cards
Source: Kauffman Foundation, LegalZoom