The Entrepreneur Forum | Startups | Entrepreneurship | Starting a Business | Motivation | Success

Age race? Young vs. Old?

Accelerate wealth. Build a business that pays freedom. Join more than 70,000 entrepreneurs and register for the Fastlane Entrepreneur forum. Remove ads? Join the INSIDERS.


Still working in obscurity
Read Millionaire Fastlane
Jul 1, 2018
I came across an article I wanted to share with you guys:
How Old Are Successful Tech Entrepreneurs?

In short, it turns the spotlight to the urban legend that in order to become a successful (tech) entrepreneur one needs to be young. The older you get the more probable entrepreneurial success . The authors feed that with facts.

Personally, I consider youth has great advantages:
  • Independence
  • Curiosity
  • Ample time to compensate for (expensive) mistakes
  • At the pulse of new developments
  • Young folks tend to network naturally (they hang out with others as compared with the more reclusive life of a family)
  • Naivety in a positive sense (life's not as complex yet)

On the other hand life experience helps aspiring entrepreneurs a great deal:
  • Experience in life and job (a more practical approach; knowing better what is possible)
  • More likely to take calculated risks
  • More substantial and less superficial goals
  • Identifying niches at the interface between old and new economy (because ideally they know both worlds and how to talk to representatives of both worlds)
I don't consider age a go or no-go criterium for entrepreneurship. It is deviating the discussion from its core: Most everyone cannot be an entrepreneur, because of:
  • Missing courage
  • Lacking stamina
  • Absent brains
  • Reduced creativity
  • Outright laziness
This has nothing to do with age. It is a question of character and personal development. There are people who are born entrepreneurs like there are born artists or mathematicians. And there are those who gradually develop into entrepreneurs. Those who need to go a long way before their talents emerge. To me, either way is fine.

Any questions and suggestions? Please let me know. Thanks!

Sponsored Offers

MARKETPLACE Fox Web School "Legend" Group Coaching Program 2021
Hi - I sent out some emails with the updates but I'll PM you now also, thanks. The issue is...
  • Sticky
MARKETPLACE NEW: The Best School for Going Fastlane (Now open for summer enrollment)
Read the free book, some excellent insights. I also did the website quiz and I did a visual on a...
MARKETPLACE Not sure how to start? This free book will teach you how to build a successful web design business
Hi Fox. Starting the book and got through the introduction. Had a conversation with Andy Black...
  • Sticky
MARKETPLACE You Are One Call Away From Living Your Dream Life - LightHouse’s Accountability Program ⚡
Chris is super sharp and is aware of many facets of entrepreneurship and can help get your...
Introducing MJ's Personal Unscripted Network, Join Now for FREE!
Any chance to make it available outside of US? It has been available outside of the US on...

Forum Sponsor

Learn Fastlane Business Skills & Get Profitable Within 30 Days...

Get Started Now

New Topics

Fastlane Insiders

View the forum AD FREE.
Private, unindexed content
Detailed process/execution threads
Ideas needing execution, more!

Join Fastlane Insiders.

Top Bottom