So, those winemakers are on to something when they say wine gets better with age. Apparently, so does an Entrepreneur!
A good friend forwarded me a great article this week from Contra Costa Times entitled, “Business Trailblazers, not as young as you think.” I liked this article because it discussed how entrepreneurs may not be as young as most people believe. In general, many people expect that entrepreneurs are very young, like the typical poster-CEO in Silicon Valley who has an average age of 25-30. Not necessarily true!
Well, here’s some interesting comments from the article. The author, Munroe a financial analyst points out that between the years of 1996 and 2007 “…the highest rate of entrepreneurship nationwide (considering all industries and not just high tech), was among 55 to 64 year olds.” The author goes on to discuss why older people may be more entrepreneurial and makes some interesting points about maturity, experience and a lack of fear. I have to agree with these comments. As you age, you become more wise to your business environment and the people you work with. I think you also learn to set reasonable expectations with what could potentially succeed in any economy. Also, the more business experience one has, the higher likelihood that one has experienced failures and successes making for a well-rounded leader and professional. All of these experiences can be of tremendous value when starting a new venture.
Honestly, if you’ve had many experiences in the business world and have an idea for a new business venture, chances are, you’ve got just as much of a chance as that 25-year old CEO to succeed and really make your idea work!
For more information on the article, I read, go here:
Market This! 