3 ms·

Older entrepreneurs are quite successful as well, the difference is they aren’t in tech so you don’t hear about them. They’re in Real Estate, construction, logi

Older entrepreneurs are quite successful as well, the difference is they aren’t in tech so you don’t hear about them. They’re in Real Estate, construction, logistics, infrastructure and so on. They don’t found startups, they start small businesses. Usually with debt or cash and they don’t sell equity in exchange for ownership of the business. They are a big fraction of the >22 Million Americans who have a net worth greater than $1m.

CRConrad 5y ago
> They don’t found startups, they start small businesses. You (probably intentionally?) put the finger on something that's been annoying me about this whole "Startup!" malarkey for a while now: The pretentious terminology. "Startups" are actually just small businesses.