What is the ideal age to start in business? In paid employment and especially politics there is definitely ageism at work. Some politicians in the past have had to retire as leader of their parties because they were deemed to be too old to appeal to the voters.

Business has no age barriers.

Older people tend to have realistic goals & better interpersonal skills gained from years of paid employment.

They usually have more access to funds. They often have a good credit history and can also raise monies using their property as collateral; having paid off a substantial part of their mortgages.

There is a higher chance of failure in a new start up by a younger person. They often do not have the ability to persevere when the going gets tough. Their businesses tend to be under funded and often they have set goals that are definitely not achievable.

If they can survive their first failure and still be motivated enough to start again their chances of success shoot up dramatically as then their expectations are more achievable and they have learnt valuable lessons from their first failed venture.

Many young people are unstable due to their higher sexual urges that often lead them astray. They tend to devote a lot of their time and energy towards finding their ideal partner.

Older people tend to have more established ties within the community and in the business world. Having more contacts to lean on can definitely make the difference between success and failure. Having a supportive family around that can help with some of the tasks will lighten the workload.

Being in a stable relationship means that more energy can be devoted to business and less spent looking for the ideal mate. Having sufficient sums of money to fund your venture can play a big part especially in the first year.

Perseverance and commitment are critical especially when the going gets tough. Age is not a barrier in business. In fact experience can play a key part in the success of any new venture.

The author is an SEO consultant and his latest ecommerce is selling contact lenses and train horn online.

Tagged as: Age Barriers, Amp, business has no age barriers, Business World, Collateral, Credit History, experience in business, First Failure, ideal age for business, Interpersonal Skills, Mate, Monies, Mortgages, old people in business, Perseverance, Politicians, Realistic Goals, Sexual Urges, Stable Relationship, Success And Failure, Sums Of Money, Supportive Family, Ties, Workload