A prospective entrepreneur is 36 years old. She realizes that, other things being equal, her age may affect her chances for success. She should

Question

Quizplus · Accepted Answer

Age can have some impact on an entrepreneur's success, but it is not the only factor. Research has shown that older entrepreneurs tend to have more experience, better networks, and access to more resources. Waiting eight to ten years may not be necessary, and it is also not accurate to assume that prospects were much better when the entrepreneur was in her early 20s. Trying entrepreneurship only if someone else in the family has an independent source of income is not a good approach as it would limit the entrepreneur's potential and independence. Therefore, the best choice is to go for it since the entrepreneur is at a good age to start a business.

A Prospective Entrepreneur Is 36 Years Old