Přehled o publikaci

This research aimed to explore the motivations, characteristics, and outcomes of individuals starting their first business after reaching the age of forty. Drawing on primary data collection in 2025 and analyzing a sample of 234 entrepreneurs, the results provide unique insights into this group of individuals, often associated with the terms "later-life", "midlife", "older", "third age" or "silver age" entrepreneurs. Leaving their prior occupations, which frequently involved managerial positions, they decided to pursue an independent business activity, driven primarily by the desire for greater autonomy, flexibility in their time, and the opportunity to be their own bosses, doing what they enjoy. The respondents demonstrated a high level of entrepreneurial self-efficacy and primarily relied on their own financial resources when starting their businesses. However, they understand their caring responsibilities, and more than half of those are the primary financial contributors in their families. The prevailing modus operandi is the solo regime, which applies to more than two-thirds of the respondents, who conduct business without employing additional staff. By adopting a regression analysis approach, the study reveals factors shaping the outcomes of 40+ entrepreneurs, including job satisfaction, employment creation, income, economic self-sufficiency, financial, and overall life satisfaction, resulting in several recommendations for policymakers and the research community.