Young and in business

by TechTeam on August 24, 2016

I wasn’t good at doing sums in my head you know mental arithmetic. But I got pretty good at it as a barman. So, can you answer this question: How young were the founders of Facebook and Microsoft when they first set up their companies? Were they a) junior high school studentsb) high school studentsOr c) university students?And in case you think I don’t know, Facebook is an online social networking service and Microsoft is a computer software company. But let’s talk now about what or disadvantages there are for young entrepreneurs. What do you think, Rob?Hmm. Well, I suppose one of the of being young and your own boss is that everyone who works for you is older than you!Is that a drawback?

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Well, let’s consider a real case. Young British entrepreneur Suleman Sacranie started his first company when he was 17, followed by another business shortly afterwards. Then whilst studying chemistry at university he started his third company, an online version of the pound shop or dollar store in the US where everything in the shop is priced at one pound. Let’s listen to Suleman Sacranie talking about his company.I’m actually quite fortunate now, compared to what I was six months ago because now I’ve got two additional directors who have grey hair. It actually commercial meetings are excellent now, you know. But before that I think I came across quite professional but you could still tell they were thinking in the back of their heads, ‘I’ve got a kid sitting in front of me.’So young entrepreneur Suleman Sacranie has got two grey haired directors working with him now.

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