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Age and the Entrepreneur

paul.kedrosky.com

11–20 of 20 posts

Re: Age and the Entrepreneur

#12
post #11

Earlier quoted context omitted.

Best comment ever

Your both either single or sleeping in the other room tonight.

It actually makes sense since women are so risk-averse. Wives should support entrepreneurship by making it easier for their entrepreneurial husbands to take risks. And that means bringing in a steady income.

Re: Age and the Entrepreneur

#13
post #6
post #5

Earlier quoted context omitted.

Having a grandfather worth $20 million. Seriously, don't kid yourself. It was a VERY DIFFERENT world back then. You graduated college and hoped you could find a job. There was no www and you needed 5 to 10 grand just for hardware and proprietary software. It's utterly stunning how easy it is to get started today compared to then. (Bill Gates and Paul Allen went to the private Lakeside School which had a privately don…

Software was a lot harder to write when I was in high school. Also, entrepreneurship wasn't encouraged.

Which means there was a lot less competition.

Re: Age and the Entrepreneur

#14
post #3

Earlier quoted context omitted.

"want the average age of the start-up founder to be low" Then they must be brilliant. If a 40 year old was brilliant, then why didn't he do this 20 years ago? (They tend to forget that it wasn't like this 20 years ago.)

plenty of companies got started more than 20 years ago. What would have prevented you from starting a company when MS or Apple started?

Lack of physical existence for one.

Re: Age and the Entrepreneur

#15
post #8
post #7

The only real reason why it's harder for older people to make a startup is the high risk involved. Once you have a family you cannot mess around anymore.

Isn't it the responsibility of the wife to bring in a steady income?

Actually I know quite a few couples where that's the case. Not all startups mind you, I have this musician friend...

But I've seen the "wife has high paying job with steady income, husband is kinda fly-by-night" pattern often enough that I wonder if other people see it too.

I never did find that kind of a women myself. Damn!

Re: Age and the Entrepreneur

#16
This is a good snapshot of the population right now, I'm curious to know what the trends are. I suspect the 25-34 age category is growing and the 35-44 category is shrinking.

"When starting a startup was expensive, you had to get the permission of investors to do it. Now the only threshold is courage." [1]

[1] http://www.paulgraham.com/webstartups.html

Re: Age and the Entrepreneur

#17
post #8
post #7

The only real reason why it's harder for older people to make a startup is the high risk involved. Once you have a family you cannot mess around anymore.

Isn't it the responsibility of the wife to bring in a steady income?

That's great! Everyone loves this comment since so many of us are banking on it (or have lived it). It just brought to mind my reading of some interviews in "Creativty" (http://www.amazon.com/Creativity-Flow-Psychology-Discovery-I...). There was more than one great mind who attributed his success to having a wonderfully supportive/responsible wife. He apologized for his sexist remark, but admitted that he would never have had his successes if it weren't for his wonderful companion who freed him from so much responsibility. (Sorry for fabricating some of this from the top of my head; I can't locate the interview right now.)

Re: Age and the Entrepreneur

#18
post #8
post #7

The only real reason why it's harder for older people to make a startup is the high risk involved. Once you have a family you cannot mess around anymore.

Isn't it the responsibility of the wife to bring in a steady income?

Once you have kids, the answer is no.

Re: Age and the Entrepreneur

#19
post #11

Earlier quoted context omitted.

Your both either single or sleeping in the other room tonight.

It actually makes sense since women are so risk-averse. Wives should support entrepreneurship by making it easier for their entrepreneurial husbands to take risks. And that means bringing in a steady income.

I thought your original comment was funny, but now I realise you mean it. Oh dear

Re: Age and the Entrepreneur

#20
post #8
post #7

The only real reason why it's harder for older people to make a startup is the high risk involved. Once you have a family you cannot mess around anymore.

Isn't it the responsibility of the wife to bring in a steady income?

Unfortunately, this is what my ex-husband still believes. Not that he's started a business or anything, mind you.

That said, let's make the wild assumption that some women might be entrepreneurs, and rephrase this as: Isn't it the responsibility of the spouse to bring in a steady income?

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