Are Millennials More Optimistic Business Owners?

Normally, you hear about “millennial” entrepreneurs creating startup tech companies like Facebook and Twitter.

However, new data shows there are more “millennial” Main Street business owners than ever before, and younger small business owners may be even more optimistic – and more likely to hire – than their older counterparts.

According to the Spark Business Barometer, small business owners of all ages are feeling more confident about the economy than they had in recent years.

However, it’s the youngest business owners who are feeling the most charged up.

According to the study, roughly 40% of small business owners feel that they are in a better position right now than they were in at this point last year. And, younger entrepreneurs were even more optimistic:

• Nearly two-thirds (62%) of millennial small business owners reported increased sales in the past six months.
• 45% of millennial small business owners are planning to hire in the next six months, when only 30% of small business owners – regardless of age – plan to do so during the same timeframe.

Do you think younger business owners are more optimistic?

Tell us in the comments below.