Comments on: How “young” do you need to be to start your own company? http://greenwhite.org/2009/06/23/how-young-do-you-need-to-be-to-start-your-own-company/ Coffee Sessions for the Industry! Sun, 14 Mar 2010 19:16:43 +0000 http://wordpress.org/?v=2.9.1 hourly 1 By: Entourage Online http://greenwhite.org/2009/06/23/how-young-do-you-need-to-be-to-start-your-own-company/comment-page-1/#comment-173871 Entourage Online Mon, 01 Feb 2010 19:31:12 +0000 http://greenwhite.org/2009/06/23/how-young-do-you-need-to-be-to-start-your-own-company/#comment-173871 Really, 55 years old people are starting their own business? That is risky to me. It is better for the 22 years old because they are young, usually have nothing to risk (their parents might back them), and can still make it up in life if they lose money. Really, 55 years old people are starting their own business? That is risky to me. It is better for the 22 years old because they are young, usually have nothing to risk (their parents might back them), and can still make it up in life if they lose money.

]]> By: ian http://greenwhite.org/2009/06/23/how-young-do-you-need-to-be-to-start-your-own-company/comment-page-1/#comment-134590 ian Thu, 16 Jul 2009 12:28:47 +0000 http://greenwhite.org/2009/06/23/how-young-do-you-need-to-be-to-start-your-own-company/#comment-134590 I have to laugh..how young to start a business ! Mny in ASia are running businesses from child hood out of need. A more interesting question" How old could you be before starting a business ?" There are many expats who realise their "retirement"is the best time! I launched my first business at 66.after spending 40 years in education...it is a great time to start! We are launching a startup enabler in Mian Channu in October which will encourage oldies to use the intellectual property they have amassed in their careers to realise it as information products . Although i may "fall off my perch " at 73 at least i can leave a legacy for others to follow The office will include resource for all to startup ..at any age.. Perhaps it's time to forget age and just ask What can you do ?" ian I have to laugh..how young to start a business !
Mny in ASia are running businesses from child hood out of need.

A more interesting question” How old could you be before starting a business ?”

There are many expats who realise their “retirement”is the best time!
I launched my first business at 66.after spending 40 years in education…it is a great time to start!
We are launching a startup enabler in Mian Channu in October which will encourage oldies to use the intellectual property they have amassed in their careers to realise it as information products .
Although i may “fall off my perch ” at 73 at least i can leave a legacy for others to follow
The office will include resource for all to startup ..at any age..
Perhaps it’s time to forget age and just ask What can you do ?”

ian

]]> By: mansoor http://greenwhite.org/2009/06/23/how-young-do-you-need-to-be-to-start-your-own-company/comment-page-1/#comment-134038 mansoor Tue, 14 Jul 2009 06:41:56 +0000 http://greenwhite.org/2009/06/23/how-young-do-you-need-to-be-to-start-your-own-company/#comment-134038 naveed: good for you! it's encouraging to see you guys coming up and about! naveed: good for you! it’s encouraging to see you guys coming up and about!

]]> By: naveed http://greenwhite.org/2009/06/23/how-young-do-you-need-to-be-to-start-your-own-company/comment-page-1/#comment-133674 naveed Mon, 13 Jul 2009 04:14:43 +0000 http://greenwhite.org/2009/06/23/how-young-do-you-need-to-be-to-start-your-own-company/#comment-133674 i as young as 23 currently i m co- running a design house and all set and ready to start an online e-market :) i as young as 23 currently i m co- running a design house and all set and ready to start an online e-market :)

]]> By: obaid http://greenwhite.org/2009/06/23/how-young-do-you-need-to-be-to-start-your-own-company/comment-page-1/#comment-128940 obaid Wed, 24 Jun 2009 13:42:03 +0000 http://greenwhite.org/2009/06/23/how-young-do-you-need-to-be-to-start-your-own-company/#comment-128940 @mansoor: yes experience is important, but I personally think that at a younger age it is much easier to take the risk and built a great business. I think the best age to do a startup is "right now" .. whatever age you are, if you have a great idea then please go with your passion and make it reality. Nothing is hard once you start the journey. @mansoor: yes experience is important, but I personally think that at a younger age it is much easier to take the risk and built a great business.

I think the best age to do a startup is “right now” .. whatever age you are, if you have a great idea then please go with your passion and make it reality. Nothing is hard once you start the journey.

]]> By: mansoor http://greenwhite.org/2009/06/23/how-young-do-you-need-to-be-to-start-your-own-company/comment-page-1/#comment-128768 mansoor Tue, 23 Jun 2009 17:24:19 +0000 http://greenwhite.org/2009/06/23/how-young-do-you-need-to-be-to-start-your-own-company/#comment-128768 n shah: experience is usually more important in business, not just online vs offline. you can have a very good idea with a good execution plan, but sustaining it requires a fair amount of experience. n shah: experience is usually more important in business, not just online vs offline. you can have a very good idea with a good execution plan, but sustaining it requires a fair amount of experience.

]]> By: N Shah http://greenwhite.org/2009/06/23/how-young-do-you-need-to-be-to-start-your-own-company/comment-page-1/#comment-128743 N Shah Tue, 23 Jun 2009 14:46:22 +0000 http://greenwhite.org/2009/06/23/how-young-do-you-need-to-be-to-start-your-own-company/#comment-128743 In the medium in which you are writing, start up usually means a Tech startup or IT startup, and in those, most of the founders are in their 20s. And yes, you are 100% right about the shop-startups. I've seen and interacted with business men of that age group, and one can feel the business sense even by just hearing the guy. Usually experience is more important for an offline startup than innovation. In the medium in which you are writing, start up usually means a Tech startup or IT startup, and in those, most of the founders are in their 20s.

And yes, you are 100% right about the shop-startups. I’ve seen and interacted with business men of that age group, and one can feel the business sense even by just hearing the guy. Usually experience is more important for an offline startup than innovation.

]]> By: Em http://greenwhite.org/2009/06/23/how-young-do-you-need-to-be-to-start-your-own-company/comment-page-1/#comment-128712 Em Tue, 23 Jun 2009 11:45:12 +0000 http://greenwhite.org/2009/06/23/how-young-do-you-need-to-be-to-start-your-own-company/#comment-128712 Hmm, I don't remember the website..but I came across a survey conducted in UK and they concluded most startups were taken by ppl of age 25-35. Hmm, I don’t remember the website..but I came across a survey conducted in UK and they concluded most startups were taken by ppl of age 25-35.

]]> By: Tahir Akram http://greenwhite.org/2009/06/23/how-young-do-you-need-to-be-to-start-your-own-company/comment-page-1/#comment-128707 Tahir Akram Tue, 23 Jun 2009 11:28:01 +0000 http://greenwhite.org/2009/06/23/how-young-do-you-need-to-be-to-start-your-own-company/#comment-128707 To go for a start-up business in REAL young age one must have some pile of money to feed himself and his business. People here in Pakistan in the age of 22~34 are very passionate to go for it but I think due to unsmooth surface and availability of proper facilities they hesitate to do that and stick with their cubical jobs. Later when they found they got some money to spent on advertising of business and feed themselves they say bye bye to employer. Old guys have money to do it. Where as young guys have ideas. As far as IT start up is concerned in Pakistan, I don’t know any statistical figure to convince me about 17-19 years old entrepreneurs. Because I think the age is little bit higher, around 22 because IT/CS under graduates tend towards it. Love hard - die young :) To go for a start-up business in REAL young age one must have some pile of money to feed himself and his business. People here in Pakistan in the age of 22~34 are very passionate to go for it but I think due to unsmooth surface and availability of proper facilities they hesitate to do that and stick with their cubical jobs. Later when they found they got some money to spent on advertising of business and feed themselves they say bye bye to employer.

Old guys have money to do it. Where as young guys have ideas.

As far as IT start up is concerned in Pakistan, I don’t know any statistical figure to convince me about 17-19 years old entrepreneurs. Because I think the age is little bit higher, around 22 because IT/CS under graduates tend towards it.

Love hard – die young :)

]]> By: zEro http://greenwhite.org/2009/06/23/how-young-do-you-need-to-be-to-start-your-own-company/comment-page-1/#comment-128697 zEro Tue, 23 Jun 2009 10:22:17 +0000 http://greenwhite.org/2009/06/23/how-young-do-you-need-to-be-to-start-your-own-company/#comment-128697 The age group of 55-60 might be most active due to high rate of lay-offs and retirements within that demographics. Plus, most of them might be divorced, with no children to look after and with a lot of savings left with them. As a Pakistani, I believe a good age would be right after Intermediate/A-Levels, around 17-19. But social prejudices discourage young people from venturing out and trying something new. The second age group would be between 28-35 with a Masters in Business Administration degree, and fair bit of market/industry idea. A company might not necessarily be the goal, a small business could be the first milestone, and from there on by institutionalizing and formalizing business methodologies, a company can be formed. My 2 Cents. The age group of 55-60 might be most active due to high rate of lay-offs and retirements within that demographics. Plus, most of them might be divorced, with no children to look after and with a lot of savings left with them.

As a Pakistani, I believe a good age would be right after Intermediate/A-Levels, around 17-19. But social prejudices discourage young people from venturing out and trying something new. The second age group would be between 28-35 with a Masters in Business Administration degree, and fair bit of market/industry idea.

A company might not necessarily be the goal, a small business could be the first milestone, and from there on by institutionalizing and formalizing business methodologies, a company can be formed.

My 2 Cents.

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