Wadhwa must be taken with very large grains of salt as he is relentlessly pushing an agenda
I always take Wadhwa with a grain of salt... as you say, he definitely has some sort of agenda / ideology thing that he's constantly promoting.
How are they defining entrepreneur here?
Well, IF you assume that the rest of this paragraph applies to the same research mentioned in the first sentence, then no, they aren't talking dry-cleaning shops, laywers, etc.
I'm not sure that's a safe assumption, but it is the way I initially read it.
Research that my team completed in 2009 determined that the average age of a successful entrepreneur in high-growth industries such as computers, health care, and aerospace is 40. Twice as many successful entrepreneurs are over 50 as under 25; and twice as many, over 60 as under 20. The vast majority -- 75 percent -- have more than six years of industry experience and half have more than 10 years when they create their startup. Nearly 70 percent start their companies to capitalize on business ideas that they have -- which they see as a way to build wealth.
And are they having the kind of success as Zuckerberg, Gates, Jobs, Page/Brin, Yang/Filo, Omidyar, Musk, and on and and on and on?
You sound skeptical... any particular reason so? Do you find it improbable that more successful entrepreneurs actually are older?
I always take Wadhwa with a grain of salt... as you say, he definitely has some sort of agenda / ideology thing that he's constantly promoting.
How are they defining entrepreneur here?
Well, IF you assume that the rest of this paragraph applies to the same research mentioned in the first sentence, then no, they aren't talking dry-cleaning shops, laywers, etc.
I'm not sure that's a safe assumption, but it is the way I initially read it.
Research that my team completed in 2009 determined that the average age of a successful entrepreneur in high-growth industries such as computers, health care, and aerospace is 40. Twice as many successful entrepreneurs are over 50 as under 25; and twice as many, over 60 as under 20. The vast majority -- 75 percent -- have more than six years of industry experience and half have more than 10 years when they create their startup. Nearly 70 percent start their companies to capitalize on business ideas that they have -- which they see as a way to build wealth.
And are they having the kind of success as Zuckerberg, Gates, Jobs, Page/Brin, Yang/Filo, Omidyar, Musk, and on and and on and on?
You sound skeptical... any particular reason so? Do you find it improbable that more successful entrepreneurs actually are older?