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Tuesday, September 11, 2012

Who has the greater advantage? - Young or old entrepreneurs?

Ateneo Professor on Entrepreneurship

From Forbes

Who has greater advantage, asks this article from Forbes:  the young or old entrepreneurs?

What is your guess?

Well, the article by Cheryl Conner says it is the younger entrepreneur.  Why?

The first part of the report tells that.

l.  The younger entrepreneur's energy level could never be higher?

2.  Being younger, they are not afraid to challenge the status quo.

3.  The younger entrepreneurs may be fairly poor

The other part of the report tells another story.

In the study of over 5,000 start  ups  since 2004 studied by Kauffman Ewing Foundation, those who made successful exits were founders older than 45.  Similar studies by Babson college says that older entrepreneurs were more successful because of l.  business experience, and 2, more financial resources.

Who are more successful, the young ones or once entrepreneurs?

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