Worried about being too old to start a business? You have probably thought that most CEOs and startup founders out there are young and energetic people in their late 20’s or early 30’s. Thinking that you are competing with these young people can make you feel intimidated. If you are one of those who believe that you are already too late to be an entrepreneur, think again. The video below should fuel your drive. Here, Jay Adelson, the CEO of Revision3, discusses the age game.
Adelson believes that what you actually read about is not the reality of the playing field. Yes, very young and successful entrepreneurs do exist, but they do not necessarily create the norm in business. Often, there are graduates out of business school who are a little bit older. Being old is not as bad as you could think says Adelson. Building and running a business is not about the age but more of passion for an idea. He claims that there is no ageism in the venture community. “The pressure is on you. When you are in front of that investor, you need to exude that passion,” says Adelson. He advises you to be passionate and show investors that you deserve their money.
Adelson acknowledges the nuisance of rumors about investing on young entrepreneurs who have not even operated any business yet. It does happen, but those rumors are largely exaggerated says Adelson. In summary, the truth is that starting a business still boils down to passion and the idea. So, you do not even have to go to business schools just to start a company.