Successful "Young Entrepreneurship" is Mostly a Myth

You're not a failure if you didn't build a unicorn by 25, you're normal.

I think the crux was the “positive power” revolution. When people started saying bullshit like “if you believe you can achieve!” 🙄🙄

This is false. There is no point in starting startups or being enetrprescammer after 30.

how old is coffee :?

Thank you

I created 5 startups in my moms womb, went to Stanford before I was 5, dropped out when I was 7, and became a trillionaire before the age of 10.

One of the truest words by coffeezilla❤

Coffee is a young entrepreneur

All these people can't tell you what the capitol of the United States is but can tell you how to be a millionaire in 6 days.

bang bang so true. Unlike what TikTok gurus will have you believe... MANY founders actually go to top MBA programs and benefitted greatly from being exposed to higher lever ideas and top professors, network, recruiting with top companies and investment banks.

I like ur videos

Probably my favourite video you've ever put up. Good on ya; great message :)

This is just as much an issue in the music Industry as well. Some of the greatest of all time didn't make it until at least their mid/ late twenties. Nowadays, it's easy to feel like a failure if you don't achieve it before 25. That's a problem, as we don't see the team that work with them and countless veteran producers who all act to make a very marketable song and image. They didn't do it themselves a lot of the time and if you are trying to achieve success and a fan-base without labels it is a much harder task. The funny thing though, is that the people who did achieve that success so early often loose it twice as fast or are miserable and regretful they spent their childhood or 20's slaves to a record label and earned such a small fraction of the income

nearly every "rags to riches" entrepreneur story has a hidden massive investment in the background that the media doesn't just report on.

"Oh... the guy who invented go-pro was poor beforehand, he'd spend his days selling sea-shells out of a minivan that he lived in to scrape the money together!" they say... marvelling at how years of this built up a fund of $30,000 to start the company... Then if you're lucky... shoved out of the way, below the fold just quietly mention that his parents gave him a quarter million dollars to start the company.

Keep roasting these cons.

Its weird how much worth our current culture gives to stupid young people who do not know anything.

That said I am a stupid young person so what do I know.

SBF is young. 🤣🤣🤣🤣

I love statistics and abhor them at the same time because while they can indicate trends or influences or even possibilities, they cannot accurate predict anything with 100% certainty. “Past performance is NO INDICATION OF FUTURE RESULTS.” In anything. Period.

Because of this false dream that vomits out this "get rich" scheme through the guise of entrepreneurship in your 20s, it also affects dating in young people, because a lot of modern western women in their prime seek out men in their 20s whom are 6 figure earners and entrepreneurs.

Social media has blessed modern man, and cursed modern man in a myriad of ways; as much as it has helped us, it has become our downfall.

Most people in their 20s don't even know themselves yet. You go through several turning points cognitively as you cross the 30 yr-old threshold and I guarantee you won't think the same way. Early 30s is where the lightbulb really starts to get strong, and by then you can pair it with a decade plus of experience.

Perhaps there's a kind of outsider competency bias in general? Same way the average Musk fan thought the twitter takeover would revolutionize the business

Funny how almost all of the "came from nothing" self made millionaires/billionaires had rich parents. Elon Musk literally grew up on an emerald mine his dad was part owner of (despite his best attempts to deny this happening)

Most endeavors end in failure. 😂

What about the old saying "You need 10.000 hours to be an expert in something"? Why would you give your money to someone who, by definition, can't have any clue what they are doing, just by virtue of having no experience in anything

I think every entrepreneur should learn from joan of arc, she had a calling vision and stuck to it , no matter how other people see her and her her ideas

Awesome content!!! She's a crook... Two babies trying to evade prison... MHO!!!!

Thank you. This needs to be talked about. These kids are basically running MLMs in rented lambos

Thank you!!!! 💯 I always argue this!

Always a good idea to check who their parents are or the early life section of their wiki entry.

It's not a myth, you just need a pair of rich and powerful parents.
If you are not successful, it's obviously because your parents aren't powerful enough.
God I hate capitalism.

I hate the pressure from society about this

Remember the reason you hear about someone successing at 20 is because it's RARE. The news dose not report about the average, people are interested in athletes, actors, business men because very few pull of what they have done.

Its ironic how watching this channel gets you bombed with scheme adds

This is great. I’m probably in the minority of your followers in this regard, but I prefer the serious video format.

That’s why when you look back at entrepreneurs and innovators throughout history it’s usually Middle Aged or older guys that aren’t attractive 😂

You will be most likely to fail if your main goal is just to make a lot of money real quick

This is a much needed video. I needed this now but I especially needed it a couple years ago

It's 40 because it takes time, and all those successes have failures in their 20s. When 40, they have learnt from their failures. This is why it's hard to be successful in 20s. Lack of failures and growth.

yeah more people found company when they are 40+ because before that age most people study or raise kids. They are more so they help each other more but it doesnt mean that they are more efficient or creative simply, they are simply in a strategic place to be

The Older ones are wiser when it comes to sell their venture. Investors prefered them younger. Lol

Thanks - needed to hear this!

Opening a business is also really expensive - or really risky - or both.

Get a job and build a career you can return to if things don’t work out. Then invest in the stock market and use the returns to fund your business when you’re 30.

Sociopaths onstage selling Ponzi schemes …

Like you said, this is true of everything. I work in real estate data and the smartest people I work with are in their 40s and 50s. They’re brilliant innovators. Us young people just sit back in awe and soak up their wisdom and experience!😊

Well… I’m sorry, but according to Don Lemon, women peak in their 20s, 30s and 40s, so, yes, there is a rush

I think this is just a lie started by older ppl to make young ppl work harder. Using the lie of “u have a better chance of success the younger you are!”

The problem is the origin of “Steve jobs” was all built on the motivations of Mike Markkula, who was way more experienced and got Apple to their IPO. He was a successful engineer who retired from Intel and became a venture capitalist on the side. He was motivated to make a Fortune 500 company in 5 years. Woz built the Apple one which was later revised, became the Apple 2, which built the premise of Apple computers. The mainstream media report a faction instead of the full story which misconceive the public.

Pied Piper... Accidental 'Silicon Valley' reference?

Good vid, and pretty decent advice.

The reason I believe successful founders will more often than not trend younger is because the shift of access of knowledge to younger generations paired with the idea that it takes someone with new young ideas to disrupt old norms and practices. You won’t see a 50 year old disrupt something on average because most of what they have learned is the norm thus what they are used to.