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A large number of people would like to make money on their own. Just look at the number of apps in the app store for example. True, but putting out an app or tw
by timwiseman 17y ago
A large number of people would like to make money on their own. Just look at the number of apps in the app store for example.
True, but putting out an app or two or doing a little consulting on the side is a far cry from starting a starting or being able to support yourself that way. I suspect that the number of people who do support themselves without a traditional employer will grow, but that will remain a small percentage (though slightly larger) for a very long time if not forever.
Why would you say that? The brain is sufficiently developed at that point to create interesting products/services -- especially with gifted students.
I agree, in fact I said something similar in my other response. But, again that is a far cry from starting a start up. There are two main reasons I think starting a startup during high school is a bad idea for most people:
1. Your inability to enter into a legally binding contract will limit your dealings with investors or any type of customer that require an ongoing relationship.
2. While I know some exceptions exist, most people have neither the technical nor people skills to start a company as a teenager. Even those that will wind up being mostly self taught require time to do it, and they simply have not had it yet. Again, I know there are exceptions, but they are few.
After high school, those start to change. 1 changes instantly for legal reasons when you hit 18. 2 falls on more of a bell curve, but it will gradually start moving towards the tipping point sometime around then for a lot of people.