ext_50177 ([identity profile] fpb.livejournal.com) wrote in [personal profile] fpb 2009-06-11 04:21 pm (UTC)

Which is a part of the ill-grounded modern worship of youth for its own sake. Start-ups by young people will necessarily suffer from relative ignorance of business conditions, necessities and finance; the basic idea may be good, but it will not be in the real world. I have started three businesses in my time, all failed because I had not clearly taken into consideration what the requirements in terms of time and equipment would be. Only experience can take you there. Considering the most successful European economy, people should make a thorough study of Germany's mittelstand, the small and middle business stratum that is universally acknowledged to keep the country going.

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