Humorist P.J. O'Rourke titled his 1995 memoir Age and Guile Beat Youth, Innocence and a Bad Haircut. He was writing about his journey from hippie to conservative, but the phrase applies just as well to the differences between younger and older entrepreneurs, according to a recent article by Annie Lowery on Slate.
In the piece, Lowery quotes research by the Global Entrepreneurship Monitor, showing that the cohort of entrepreneurs under 35 may have created more new businesses in 2009, but accounted for only 19.1% of "total entrepreneurial activity." Additional studies by the entrepreneurship-focused Kaufmann Foundation found that the average age of entrepreneurs was 39, with far more successful businesses launched by Americans over 50.
To read the full, original article click on this link: How Tech Tips the Scales in Favor of Young Entrepreneurs | Fast Company
Author: Rob Salkowitz