Why Do You Young-ish Entrepreneurs/RE Investors Fail?
I cannot count how many times I've seen a post on BP from someone young-ish saying how they just want to quit college (or their job) and "jump" into Real Estate. When I see these posts my brain immediately chuckles (not me because I am a nice person, but my brain is kind of judgey).
As an entrepreneur, I feel like some people (young and old) cannot fully appreciate the level of commitment required to take on REI and be really successful at it.
Apparently, the facts are in: young entrepreneurs are more likely to fail than their older counterparts [Research: American Institute For Economic Research].Read more here: https://www.aier.org/article/its-a-disservice-to-urge-young-people-to-become-entrepreneurs/
Snippet from the article: "It turns out that succeeding in business is extremely difficult. It takes maturity above all else to achieve it."
QUESTION: Do you agree that younger RE Investors are more likely to fail than those starting at an older age?
