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I am 48, having started by business nearly five years ago. There are a lot of people in their 40s, 50s, and 60s who are starting their own businesses, some web based, although the attention seems to be on the twenty-something crowd for the most part.
If you ever think that you are too old to get something going, then you are. I have met people who are washed up at 40, but I know people in their 70s who are creative, interesting, and always willing to try new things.
There are some interesting thoughts about age, entrepreneurship, when is the best time, what it takes, what companies / people are being funded, etc. Those aren't all thoughts in my one post, but overall with this discussion taking place...
Honestly, I don't believe in any restrictions like that. Age is just a number. I'm 25, but I see people that defy age stereotypes over and over again. There's people in their teens (not even 20's) being CEO's, people in their late 30's-40's only caring about tonight's baseball game and beer...
Ben, I agree with the part when you say you can succeed as an entrepreneur at any age. But just like that, you can fail at any age as well.
I do think some of the issues coming out of it are interesting, like Clay's belief that starting young is best because you have less to unlearn. That's really what stuck out of me as I was following the thread of blog posts on the subject.
Bill gates was 17 when he started Microsoft and Colonel Harland Sanders was 65 when he started Kentucky Fried Chicken!
My guess as to why (at least one reason why) there are fewer older entrepreneurs is that by the time they get past thirty, their businesses have become established. They have become business men and women and no longer fit into the category.
I'm not familiar with the Colonel's history (and not going to check on it right now) but had he started a lot of other businesses before he nailed the secret recipe for fried chicken?
-Jeff
http://blog.zemote.com
Age is all in your head (and your hair). My dad retired at 45. He's been old ever since... no disrespect. He just stopped trying new things. I think being an entrepreneur keeps you young and in that sense, youth is a requirement for being an entrepreneur.
I wonder if a decade of learning is built into the author's thought process.
Thanks,
Tim
Business Planning Software
Desiree Richardson
Rich and Rich Entrepreneurs
http://richandrich.ning.com