Want to start your own company? Don’t spend too much time in corporations.
Oh, and get it done before you age much into your 40s.
That’s the advice of Harvard Business School professor and entrepreneurship expert Noam Wasserman, on a recent post on Harvard Business Publishing.
Here’s his reasoning:
“Long tenures in corporate jobs keep you from becoming the self-reliant jack-of-all-trades that a new venture requires. You get used to having HR specialists take care of HR issues for you, finance aces prepare reports for you, and IT whizzes maintain the company infrastructure. You become accustomed to delegating and to distancing yourself from “real work” — a luxury that just isn’t possible in a start-up.”
His own research shows that 76 percent of founder-CEOs had worked less than 20 years before starting their own company, and had done so by their early 40s.
In other words, if you have the itch to start your own venture, don’t wait for the perfect time. Just do it.
(Young entrepreneurs image by Ted Percival, CC 2.0)
