The right age to start a business

[Alexandoy]

A minor here cannot sign a contract so there should be the parental consent when a minor would open up a business. But other than that requirement I don't think age wouldn't matter when it comes to a start up. As long as the entrepreneur has the capability to handle the business then I don't think there will be a problem. Of course, the mental capacity is also important.

 

[Ahmedo24]

I don't think there's a specific age to start business especially in Nigeria though it all depends on the nature and size of the business , if it is normal buying and selling at a very small scale people below the age of 15 can do that though personally Even with money some complex businesses are better start at age above 20 years.

 

[Georgeadawara]

The best time to start your own business is when that parson is mature in thinking and I is for that parson to have at list 2-3 years experience in business. The age for someone to start a business your can start as young as you are but it is advicerble to reach the age of 20-24 by then that person will be able to take care of his self and take responsibility for his self.

 

[Olajidey]

Age did not have anything, in particular, to do with business, so far you have the idea and you have a good business plan you are entitled to start a business but it is very much better to be above teenage before starting a business. Business is not only for age or older people, so age in business doesn't matter.

 

[greatguy1]

Is there a right time to start a business? Some people say a person must clock a certain age before he should be allowed to start buinsess of his own. But let's paint a scenario where someone is lucky to have gotten rich even when he's a teenager maybe through inheritance or luck. Should the person wait till he clocks the accepted maturity age before he starts his business or he can start not minding the age.? What's your contribution on this.?

The person that gets wealth as a teenager should start a business that he can invest his cash on and create value for himself. There is no right age for starting up a business. Get your passion and build it up to a business. Invest large sums when you come across it in a business.

 

[Sammyesx]

Starting a business is not a function of age, age does not guarantee anything in a business, knowledge and experience is What is required in starting a business, regardless of the age of the person in question, as long as he or she is knowledge enough and competent and also has sufficient experience, then he or she is fit to run a business.

 

[Haypril]

In the world of business (entrepreneur) there is no stated age to own or operates as a business owner. All that is required is basic training and knowledge of how business works. And understanding the nature of the business the individual want to venture into. There is no age limitation in business. So if you have a business idea, please go on and seek more knowledge concerning it.

 

[Abee111]

To me I don't think there is a right age to start a business, the only thing to know is that business is not a day job that someone will just wakeup one day and say he want to start a business except he planned well for it, and get the necessary things needed for the business to run well .

 

[sincerem]

Their is no definite time to start up any business initiative. You can start it at any given time any give age. No one tells you that you must be 18, before you can start a business. Even children run a business and drive steady profit from it too. So are we to tell our children to start going petty business cos he or she is still under aged?? When we know, they drive profit through it in the best possible way.