Age and Entrepreneurship: Use your Youth to Have the Edge
The thought of entrepreneurship has entered the minds of many people more than once. Whether we think of the next best thing in tech or an easier way to deliver pizzas, the opportunities are truly endless.
But for most young people, this may seem like a pipe dream, one that cannot come true unless only after years of amassing experiences and finances.
However, on the other side, the golden rule remains the same, i.e what separates the “wantrepreneurs” from the entrepreneurs is, ‘Action’ and age is never a barrier to success.
As rightly said also,
“A great idea is worthless without execution”.
But still many a times many of us are stuck at a common question,
If you are willing to take on the risk and have the ingenuity, energy, ambition and passion, then it doesn’t matter even if you are seven years old, it is never too early to start. Age is not at all a barrier for doing something out of the box and creating your own market.
Being an entrepreneur requires a unique mix of risk, ambition and ingenuity. However, these components never perfectly overlap across the average human age timeline. It’s the youth which takes the edge and this is probably where we have the best combination of energy and experience of our life.
Surely a person in his early 20’s won’t have the experience to avoid as many mistakes as someone older, but let’s face it- nearly every entrepreneur gets it wrong the first few times, no matter the experience level.
India is a developing country and its growth is increasing drastically because the youth who are not bound by any boundaries, are filled with youthful enthusiasm and the ones who are constantly inventing the future. They might not be the next Apple or Facebook, but we have youngsters like Ritesh Agarwal (Oyo), Ankit Bhati (Ola), Sriharsha Majety (Swiggy)and many others who are no less than Apple and Facebook, and have successfully set an example for all the people out there to prove that age is just a number.
So if you’re young, and you are entrepreneurial, your single greatest asset is your age.
When we’re older, we see things through a lens created through years and years of varying experiences. In our work industry, we’ve learned, what works, what doesn’t work, what people want and what they don’t want. We know the rules of the game. We know how people operate.
All these things are great — and immensely valuable. But they are not what makes someone “better.”
Young people on the other hand, see life through an equally valuable and different lens.
When we’re young, we tend to be more instinctive than logical.
Furthermore, the failures prove out to be the stepping stones to our success. Young businessmen/women usually open multiple ventures, each based on the lessons learnt from the previous entrepreneurial projects. Starting young allows us to make up for past business mistakes and implement new learnings in the next venture.
Nobody likes to fail, but these failures become the building blocks to our future success.
Therefore, to be honest and giving the final word,
It’s never too late to start anything. However, there is an optimal time and it’s in your youth.
So get out there and let’s get started !