Regarding young (IT) entrepreneurs:
- More willing and able to spend all their time building a company: No question about that. They have nothing to lose and everything to gain.
- More creative: Maybe, but I’d rather say less constrained and more in the know of contemporary vibe and the latest technologies and its possibilities.
- More responsible and structured: Clearly not.
Internet Entrepreneurs Are Like Professional Athletes, They Peak Around 25
Ignorance (of competition, of prior art, of business relevance, of their own lack of experience and competence etc) is also an important and under-rated trait, that I’ve found in most younger entrepreneurs, due to plenty of self-confidence and backing from peers. If you think about the risks all the time (even if they realistically speaking are there) you won’t get anything done.