What is the right age to start a business?
Here is the debate around the right age to start a business, with some arguing that experience is necessary for success, while others believe that young #entrepreneurs can bring fresh perspectives and ideas to the table. Few examples of successful entrepreneurs who started at different ages, such as Mark Zuckerberg, who started #Facebook at 19, and Ray Kroc, who started #McDonald’s at 52.
The challenges that young entrepreneurs may face, such as lack of experience, funds and resources, while also pointing out the benefits, such as having more time to recover from failures, keeping risk taking capacity at the highest. Ultimately, the article suggests that there is no ideal age to start a business and that it depends on the individual’s circumstances and abilities.
According to Bipin Shah, partner at Titan Capital, entrepreneurship can be a highly satisfying and fulfilling experience for students, as it allows them to be masters of their own fate and determine their own success. However, investors in student startups may need to provide more hands-on support and mentorship, given the founders’ relative lack of experience.
Shah emphasizes the importance of striking a balance between providing support and allowing the founders to make their own decisions and learn from their mistakes. Overall, the article showcases the potential of young entrepreneurs and the role of investors in supporting their success.
“The biggest positive of starting early is that your risk tolerance is the highest. As college students, we had almost no responsibilities other than attending classes and passing exams. Starting early helped in speeding up our learning curve. The earlier you start, the more you learn,” says Shreyans Sancheti co-founder of BlueLearn
Student entrepreneur Rishabh Shekhar, co-founder of Pepper Content, an end-to-end content marketing platform, faced similar issues. “We were college students trying to work with very serious companies — and that was difficult as few people took us seriously.”
We at Titan Capital support student entrepreneurs through campus visits and initiatives like “Chai with Titan Capital” to engage with college students and help them in business.
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