Life is an evolutionary journey. As we go through life, we mature; and as we mature, our needs increase. Entrepreneurship is also a journey, a journey that few individuals feel motivated to embark on.
So, in life, as our needs increase, the resources that we require to meet these needs also increase. When it comes to entrepreneurship, commitment is paramount and an individual is in a position to provide a high level of commitment when their needs are low. This is the primary reason that one must embark on the entrepreneurial journey early in life.
It also allows room for making mistakes, falling and gathering yourself up again when things don’t work out. The later you attempt entrepreneurship, the higher the risks tend to be.
Further as I had mentioned in an earlier post, ignorance is important for success. Ignorance allows a person to take risks because they are unaware of the consequences of the risk. When risks pay off, we see great successes.
So, if you are going to take a risk, might as well, take it as soon as possible.