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Ideas are the Only Currency in the New Economy

The Young are Taking Over the World

November 15th, 2009 · No Comments · Entrepreneurship

In an age of ideas, experience and age may be more of a hinderance to success than benefit. A great idea, some web savvy and a good work ethic are the only ingredients needed to build million dollar, even billion dollar businesses.

Here are there great recent articles with more information

The Returns to Entrepeneurship on StartUpBoy.com
The returns to scale for being smart, young, skilled, and high-energy have gone up tremendously, and that has profound implications for society. The smart are getting richer.

The Upstarts Are Here!: What Can You Possibly Learn from Entrepreneurs in Their Twenties? Plenty.
But over the past ten years, advances in technology have helped close the gap between intention and action. Computers became more affordable, Web-based software was widely accessible, and GenY embraced it all
and used it to build Websites and create stores on eBay. Fifteen-year-olds were being paid by elderly
neighbors to set up Internet connections. “I’ve got my own Web development company” took the
place of “I’ve got a lemonade stand” and “I’m in a band.”

Top Under 25 Entrepreneurson IncomeDiary.com
Thirty young Entrepreneurs doing big things online, including the world’s youngest billionaire.

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