Entrepreneurship

Entrepreneurship Is For All Ages

Being a terrible businessman all his life with several failed business attempts to his name Colonel Sanders turned his life around at the age of 65 with just a recipe – the recipe of the world famous Kentucky Fried Chicken! KFC today is a name almost everyone around the world is familiar with. While Sanders was able to build an empire for himself by the age of 88 when he sold off the KFC franchise to interested investors, there is an unending string of entrepreneurs like him – some young, others old – who have set their feet in the ground with an idea that they were able to successfully sell and build thriving business ventures out of it. Mark Zuckerberg was just 20 when he started Facebook, so was Bill Gates when he launched Microsoft. Steve Jobs started Apple when he was 21; Jeff Bezos of Amazon was 30, and Walmart founder Sam Walton was 44. Can you guess the age of Richard MacDonald when he started McDonald’s? He was 53! Then we have the sprightly Emerson Spratz who launched Mugglenet – a website that quickly grew into the largest hub for Potterheads with over 10 million new visitors every month – when he was ONLY 12 years old! These people are phenomenal and they made one thing very clear: it doesn’t matter what age you are, what background you come from, or how much experience you have in a particular field – entrepreneurship is for everyone: all ages, all races, all the people; as long as you have what it takes to be an entrepreneur. So what exactly makes an entrepreneur, when age is obviously just a number and experience is not THAT important? Here’s a look into that: Most entrepreneurs or you could say potential entrepreneurs display a bunch of similar qualities that include, but are not limited to: • They don’t hesitate from taking risks and are always up to the challenges that come their way. • They have ideas – innovative ones – that can bring positive change to the community as a whole or provide a plausible solution for a particular market. • They do not back down from promoting their ideas and looking for ways to develop and bring them to life. • They make money from their ideas – either by selling them to others or by setting up a business venture to generate money from it. • They are always looking for opportunity, and once they find it, they tend to make the most of what they have to capitalize on the opportunity. • They are constantly evolving. The successful entrepreneurs recognize the need of the hour and upgrade and update themselves accordingly to keep up with the changing market trends. • They enjoy working independently – taking decisions and molding their ways to steer through the challenges that come their way. All these traits aren’t limited to a particular age group or faction of people. Anyone who has the motivation to better than they currently are can be an entrepreneur as long as they don’t shy off from taking risks and doing whatever it takes to put their ideas into the mainstream.

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