Age, Wisdom, and the Entrepreneur
Up until the mid-1990s, the conventional wisdom among business-school academics was that those who waited until their early 30s to start a business were most likely to succeed. By that age, according to the the then-current reasoning, individuals would have enough meaningful work experience to improve the odds of achieving success. Moreover, it would be early enough in their family lives for still-modest lifestyle demands to handle pressures of meeting the challenge.The proliferation of highly successful students and twentysomething entrepreneurs who emerged during the Internet boom tore a big hole in that model. Today, students taking entrepreneurship courses are encouraged by many of those same academics to think in terms of launching their own businesses while still in school or shortly after graduating.
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