The Research Findings
Older entrepreneurs have accumulated business and life experience, knowledge and skills, social networks, and resources that better equip them for success. They tend to have better social skills and are better able to regulate their emotions, than those younger.
They do have a lower risk tolerance than younger entrepreneurs, but that is offset by other factors, such as confidence in their abilities and experience. Their fear of failure is thus less than their younger counterparts.
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Cultivating a growth mindset and embracing challenges
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