Entrepreneur Network

Does Your Age Matter as an Entrepreneur?

Whether you're 18 or 65, every age has its advantages.
VIP Contributor
Entrepreneur Network Contributor
2 min read
Opinions expressed by Entrepreneur contributors are their own.

In this video, Entrepreneur Network partner Patrick Bet-David answers the question: "How big of a role does your age play when it comes to entrepreneurship?"

The answer isn't as simple as you might think. Bet-David says that older people are more paranoid, wiser and logical, and they have more contacts and more to lose -- all of which may give them an advantage in business. To the contrary, young people are more naive and emotional, they think that they know everything and they have nothing to lose -- also traits that can benefit entrepreneurs.

For example, some level of naiveté helps in business -- it makes people more optimistic and willing to ask for help. However being somewhat paranoid is also good for business, because it makes people cautious and methodical. 

Depending on how you look at things, age and youth can both be good for business. Click play on the video above to find out more. 

Watch more YouTube videos from Bet-David on his channel and check out his new book Drop Out And Get Schooled.

Related: 10 Ways Competition Helps You Win in Business

The Entrepreneur Network is a global movement of creative, energetic and inspired video creators sharing their ideas, experience and vision for the next generation of business founders and owners. We provide expertise and opportunities to accelerate brand growth and effectively monetize video and audio content distributed across all digital platforms for the business genre.

Click here to become a part of this growing video network.

More from Entrepreneur

Kathleen, Founder and CEO of Grayce & Co, a media and marketing consultancy, can help you develop a brand strategy, build marketing campaigns and learn how to balance work and life.
Book Your Session

In as little as seven months, the Entrepreneur Authors program will turn your ideas and expertise into a professionally presented book.
Apply Now

Are paying too much for business insurance? Do you have critical gaps in your coverage? Trust Entrepreneur to help you find out.
Get Your Quote Now

Latest on Entrepreneur

My Queue

There are no Videos in your queue.

Click on the Add to next to any video to save to your queue.

There are no Articles in your queue.

Click on the Add to next to any article to save to your queue.

There are no Podcasts in your queue.

Click on the Add to next to any podcast episode to save to your queue.

You're not following any authors.

Click the Follow button on any author page to keep up with the latest content from your favorite authors.