Are you a young person thinking of starting your own business, inspired by stories of youthful yet highly successful entrepreneurs? If so, you might want to consider waiting until you are older. A recent study found the mean age of the entrepreneurs behind the 1000 fastest growing new ventures to be 45 years. This is actually not surprising, when you think about it. People tend to accumulate resources, skills and experience with age, all of which boost their chances of entrepreneurial success. Although conventional thinking tends to paint the young generation as uniquely creative innovators, and insists that in order to be a successful entrepreneur you have to start young, it would seem that older generations are in fact more likely to possess the actual traits required to be a successful entrepreneur.