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Intelligence: The Rare Breed of Entrepreneurs

Microsoft founder Bill Gates may seem like a typical entrepreneur: the son of an attorney and philanthropist who dropped out of college and began his first company at age 21.

However, the newest research on the background of entrepreneurs shows that Gates' demographic puts him in the minority. According to a study by the Kauffman Foundation, most entrepreneurs in the United States today tend to be middle-aged, well-educated, adn come from lower- or middle-class backgrounds.

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