Facebook's IPO will likely spawn a new generation of entrepreneurs. A number of Facebook alums have already invested in their own start-ups, but there are millions more young people who will now look to create the next big thing.
It's an exciting time to be a young entrepreneur, given how easy technology can make running a business. But first you have to ask yourself: Do I have what it takes? Do I really want to start a business? Is now the right time? Is it too risky?
No one can tell you the answer. There's no calculation that can make it a sure bet either way. But here's how I look at it. In my view, there are two types of entrepreneurs: those who come to this vocation by nature; the other by nurture.
A natural entrepreneur is someone who takes risks no matter what, and sees some of them hit really big. Mark Zuckerberg and Steve Jobs come to mind. That said, the majority of entrepreneurs are "nurture" types; they are people who take a calculated risk to start a business because they have a particular skill set that enables them to.
If you're a nurture type, you will probably think through your decision to start a company very carefully. The odds may be against you, but you see some reasons a venture may not be too risky, especially if you are young and starting your career.
Here are some reasons to start your entrepreneurial adventure sooner rather than later:
Hats off to those who can sell a new app for a billion dollars, but it's more likely going to be a slow climb. I know it was for SurePayroll. No matter what happens, you'll discover great things about business, and yourself, along the way.