01/15/2013 11:27 am ET

10 Tips For Boomers To Become Entrepreneurs

SAN FRANCISCO (MarketWatch)—The urge to strike out on their own and start a business strikes many mature workers, but all too often missteps put startups on the wrong side of the statistics.

Only about half of new companies make it past their fifth year, according to the Bureau of Labor Statistics. See the BLS data here.

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