When is the best age to start a business

Popular parlance is 29 years old, before the expiration of the effective period of youth action. Otherwise, you will be branded as "expired". According to the Harvard Business School Jeffrey Timons, the average age of entrepreneurs creating high potential businesses is about 35 years old.

Into the internet era, eyeful of youthful and pressing it upstart, their success is menacing, as if people more and more urgent feel, starting early.

To retrieve the starting point of several business geniuses: 18 years old, freshman Maik Dale registered "Dell Computer Company", began to put into the self-marketing computer business; 19 years old, Bill Gates started to practice his predictable dream, founded Microsoft, 20 years old, Steve Jobs (Steve Jobs) Apple was set up in the garage, as did the two founders of Google, Larry Page and Saigi Brind, and the two founders of their newly acquired YouTube site, the 27-year-old Chinese Steve Chen and 29-Year-old Chad, who started their own big business in the garage at the age of 30. Hurley??

However, it is frustrating to believe that entrepreneurial youth at most 40 years of age will be marked by a period. For those who have already birthdays, is it true that the doors of commerce should be closed? Will age become an entrepreneurial passion for the middle-aged, and even the elderly to challenge themselves to the death of the hole?

That is clearly not the case.

You know, there is no specific age limit for the key elements of entrepreneurial success-creativity, foresight, spontaneity. We can also find many successful examples of the late bloomer: Mary Kay Ash, 45 years old after retiring for half her life savings, in a small shop in less than 50 square meters to create today's world-renowned cosmetics group Mary Kay Cosmetics Company; Rey Krauk, McDonald's founder, 52-Year-old to create a fast-food chain model, Spend 2.7 million of dollars to buy the ownership of McDonald's restaurant and push it across the United States; Colonel Sanders, the father of Kentucky Fried chicken, started two startups at 66 years old, and 1009 marketing failures have not shaken his faith in success.

To look at the 20 "after the start" of the older heroes, most of them after the age of 45 began to join the business sector, but also with its different interpretation of success or failure to prove a point: when the start is not too late!

Because of the economic environment difference of the starting point of self-development course, these 20 entrepreneur's entrepreneurial motives have distinct different times individuality:

In the early 90 's, Deng Xiaoping published the Southern speech, advocated the socialist market economy Constitution Reform, encouraged the private enterprise development. At this time, the older heroes are mostly the waiting for the old, they are full of desire for success. When repressed years of passion finally found the eruption of the export, they tightly seized the pulse of the Times, no hesitation to join the sea. These people are natural adventurers.

In the second half of the 90, state-owned enterprise reform, staff diversion laid-off. This stage of the older entrepreneurs, most of the passive type of entrepreneurship. For them, the opportunity cost of entrepreneurship is very low, do not have to give up the rich pay and social status and worry about the outcome. These people tend to choose small business start, rely on honesty and diligence, slowly accumulate wealth and business intelligence, in the continuous failure and setbacks learn to grow.

and older entrepreneurs in early 21st century are more prepared than the first two stages. They generally have a wealth of industry resources and a certain social status, understand the rules of business and business model, entrepreneurship is only their pursuit of higher and self-worth a means. They not only have lofty goals, but also a clear business model, and even a strong team backing.

Before we began to get to know this group, we had initially subjectively assumed that the starting point of the post might scare them into risk and that the urgency of time did not leave them with the possibility of failure. Compared with the energetic hair-headed boys, they will be "healthy and lack of innovation, experience but easy to go with the rut".

As a result, when the 20 interviews ended, the assumptions failed to get a foothold.
In them, we see the courage to fail more than the young, the optimism of "everything can be", a creativity presses by mature wisdom, and the following common keywords:

Vitality. This group of 60-year-born entrepreneurs, starting from the average age of 50 years old, generally have a miserable life experience. They were not sharpened and angular. Instead, they are energetic and motivated when they start their careers. Ming million founder Zhang Jiguang and Ma Wei-min said, "We never think of ourselves 63 years old, but 53 years old, we went through the ten years of Cultural Revolution to be eliminated, that decade we have to earn back." The exquisite appearance of Chen Yi, the female president of the marketing, also made her look like the year of "knowing Destiny". Zhoujun's boss Zhou Yingming's only hobby was wearing it, which, though sometimes slightly fashionable, made him energetic. Look at the inferiority of the weak age, which makes them look younger than their peers. It is this dynamism that sustains their continued creativity and imagination.

Passion and calm. Many of these 20 older entrepreneurs already have enviable income, seniority and status. To give up the fame and fortune that you have, face the high opportunity cost. This choice is based on their expectation of building a new fulcrum of life, which proves that the motivation of the ego is much greater than the desire to pursue the interests. In their blood, there is a strong passion and a completely antagonistic calm. This makes them not afraid of failure, each failure for them is a spiral process, the loss of income, the practice, the experience of the process itself, they are also regarded as a valuable asset. So the 53-Year-old Marnie, who opened the 8-year body comb chain, did not profit, and repeatedly cheated, but has been holding and waiting; 55-year-old Zhaoshen spent seven years to open the Beijing "Yoshinoya" market, but was the Japanese club kicked out, not concede he founded "and Hegu", determined to "use the last chance of life, To create a national brand for fast food. ”

Integrity. This group of two words of perseverance, almost stubborn. Li Shiquan open "into Lee Kee Burger King", adhere to the use of FU fried fried dough sticks, a kilo of soybeans squeezed 12 bowls of soy milk; did not touch the computer sun Anmin, in order to resist the developers of illegal operation, infringement of consumer rights and interests of the behavior, set up a crackdown website. People without faith, I do not know it can. Under the profound influence of Chinese traditional morals and values, these older entrepreneurs generally regard honesty as the basic principle of the body and the person, and use this kind of rigid to standardize their business ethics. "Everyone has a good faith account, which is not the value of their own decisions, but other decisions." An enterprise, can guarantee 50 years later still exist, rely on is definitely not the speed of expansion, but the stability of efficiency and perseverance of integrity. "Huatai Insurance President Wang Zimu's speech, also is their common aspiration."