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Wednesday, July 6, 2011

age and entrepreneurship

When you think about the image of entrepreneurship in modern media, one tends to think of young entrepreneurs.

Bill GatesSteve JobsSergey Brin, Larry Page and Mark Zukerberg are all examples of entrepreneurs who started their way to success in their twenties, and reached early & HUGE success very soon after the beginning of their entrepreneurship.

But these amazing success stories (and there are many others), which may cause some "elderly" persons after the age of 30 to feel like they have arrived late to the game, should be taken with a grain of salt.

Two facts in a Business Insider report of  the findings of a 2009 survey caught my eye:

  • 80% of entrepreneurship activity is being made by persons above 35. 
  • In 'high-growth' industries, "people over 55 are nearly twice as likely to launch startups". 

Seems like it is never too late to become an entrepreneur.

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