Young Into Self-Employment - The Age of Founders and My Own Experiences
 |
| Photo by Christina |
In a survey, I asked my readers about the age at which they started their own business. Over 200 readers took part.
In the following, I will analyze the results of the survey and describe my own experiences as a founder.
 |
| Young Into Self-Employment - The Age of Founders and My Own Experiences |
Survey on the Age of Founders
A while ago I started a little survey in which I asked you the following:
How old were you when you started your own business?
Of course, this survey was only aimed at the self-employed. A total of 243 readers cast their votes and the result is quite interesting:
How old were you when you started your own business?
- 18-29 (56%, 136 votes)
- 30-39 (23%, 56 votes)
- 40-49 (9%, 23 votes)
- younger than 18 (6%, 15 votes)
- 50-59 (5%, 12 votes)
- 60 or older (0%, 1 votes)
Number of participants: 243 (1 vote)
More than half of those surveyed started a business between the ages of 18 and 29. So it is mainly young people who dare to take the step into self-employment.
I was 31 myself when I started my own business. After all, 23% of the survey participants were also between 30 and 39 years old when they decided to start their own business.
The 40 to 49-year-olds then only have a share of 9%.
After all, 6% of the survey participants were younger than 18 and thus founded a company as a minor.
Both the 50-59 year-olds (5%) and the over sixty-year-old founders (1 vote) fell behind in the survey.
Why Do Young People Start Up More Often?
The result of the survey is quite clear. Now, of course, you can argue that my blog is more likely to have younger readers, which explains the clear results. But that's certainly not the only reason.
Even if there are problems for young founders, there are also some advantages.
Young people are usually more willing to take risks, which is certainly also because they do not yet have any major obligations. On the other hand, those who are older and have a family are often more interested in a secure income. The same applies, of course, to everyone who has major financial obligations.
As a young person, on the other hand, you are often relatively independent and also often more committed and stress-resistant. Especially when you are self-employed on the Internet, you work very, very much at the beginning, for little money.
Nevertheless, older founders also set about building something up. That there are also risks and problems associated with this is clear. But those who have already gained a lot of experience in working life and now want to be their boss know what they want and can also be successful.
The experience that has already been acquired can be particularly helpful in many areas. In addition, there is a financial cushion that many older founders have already been able to build up. A partner who supports you and can provide more financial security is also helpful.
Conclusion
It is not so surprising that more young people are starting up. After all, they are still looking for their way, and being self-employed on the Internet is more interesting for young founders. However, you can also found a company later in life, which brings some advantages, but also new challenges.
I have not regretted my founding at the age of 31 and, in retrospect, I find this age very good for founding. I was experienced and old enough to start with discipline and the necessary know-how. At the same time, however, I was still young enough to work a lot of overtime without any problems and to see the opportunities rather than the risks.
I don't know whether I would found another company in this form today, 10 years later. But I still feel like new projects and other experiences today. In my opinion, this is very important for a self-employed person to be successful in the long term.
I would be happy if you took part in the following survey.
What is most important to you in online business?
- Free timing (56%, 118 votes)
- Personal responsibility and self-determination (53%, 112 votes)
- More or less passive income (45%, 96 votes)
- Location independence (43%, 92 votes)
- You can do what you are interested in. (41%, 86 votes)
- Hardly any capital requirement at the start (39%, 83 votes)
- Many possibilities and opportunities (30%, 64 votes)
- Low entry barriers (20%, 42 votes)
- Something else (3%, 7 votes)
Number of participants: 212 (8 votes)
Post a Comment