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Wireless Utopia

The journey towards a free wireless world.

Youth and Entrepreneurship

Sunday, May 20, 2007

Whats age got to do with entrepreneurship you ask. Here's a nice article explaining how the Bayesian advantage works for the younger entrepreneurs. And in my personal experience I have seen this working out. This also explains, why the hottest companies in the valley are founded by very young people just out of the college.

Over the last year, since I left my regular job, I have come across a lot of entrepreneurs. And in my mind I have made a classification of sorts. People around 35+ go for low risk ventures and younger ones do the opposite. The age factor has everything to do with it. Since you are young, you can take bet a few years of your life chasing a dream and still not lose much if you dont make it. If your idea was really revolutionary, you stand to gain a lot. Its a gamble only younger people can take.

Besides, it much more fun exploring the unknown. :)

Tags: Entrepreneurship, Startups, Age
posted by Rajiv, 7:50 AM

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