Showing posts with label 5 Best Times To Start A Company. Show all posts
Showing posts with label 5 Best Times To Start A Company. Show all posts

Thursday, 21 March 2013

5 Best Times To Start A Company


Entrepreneurs come in all sizes, shapes, ages and colors. Great businesses have been created in times of prosperity. Great businesses have been started during our deepest depressions.

There is no perfect time to start a company. But these five periods in your life are best suited for new venture creation.

1. You're young

The best time to start a company is when you are young. The younger, the better. Youth is a beautiful thing. It's the perfect combination of ignorance and innocence. silly decisions are excused as learning experiences and the worst outcome of most youthful transgressions is a few days in juvenile prison, or, worse, going broke.

Blogger Michael Arrington recalled a conversation with a venture capitalist that "entrepreneurs are like pro basketball players. They peak at 25, by 30 they're usually done."