Why Older Entrepreneurs Have an Edge
Harvard Business Review
APRIL 20, 2012
He did well co-founding Asterand, an ethically sourced human-tissue sampling business, but lost his shirt on a jazz club and a cattle-ranching enterprise to produce low-fat beef. Charlton and Reid decided to launch TechTown, a nonprofit business incubator, which went on to spark a small renaissance in entrepreneurship in midtown Detroit. The National Journal reports that 9 of the nation's 15 million small-business owners were born before 1965.