Poles over 50 launch 35,000 micro-firms a year

Each year, individuals over 50 establish 35,000 solo businesses in Poland, with 40% being women, notes the Polish Economic Institute (PIE). While only one in five hires employees, Poles show a higher inclination for entrepreneurship than EU counterparts. Motivations include a desire for independence (71%) and leveraging experience (69%). Challenges for those over 50 include securing capital and administrative complexities.

Financial necessity, driven by ageism and employer cost-cutting, prompts some to start businesses. Despite difficulties, 70% are satisfied, valuing development opportunities and job satisfaction. Poles over 50 prioritize continuous learning and company growth, viewing entrepreneurship as facilitating professional activity even during retirement.

Source: 300gospodarka.pl