Age vs. Youth, and Rebooting Your Value
October 25, 2013
HP 3000 pros usually count several decades of experience or more in IT, but that almost always makes them on the leeward side of age 50. That's a deterrent to getting hired in the next phase of a work life, if you're forced to move away from what you've done well for most of your career.
It doesn't have to read that way, if you believe some of the sharper knives in the modern computing drawer. There is an age bias out there. Younger turks believe the elders are holding them back. Pros who took their first jobs before Reagan was President see a lot of shrugs over an interview desk when a Gen-X or Millennial is looking at their history.
Jimmy Wales founded Wikipedia when he was 35, but here he is about 12 years later saying that youth doesn't trump experience every time. There's a balance. Out on the readwrite.com website, a story says, Jimmy Wales To Silicon Valley: Grow Up And Get Over Your Age Bias. "Silicon Valley frowns on age, yet several of its most successful entrepreneurs argue experience tends to trump youthful exuberance."
While the U.S. Bureau of Labor statistics show an overall median age of 42.3 for American workers, tech workers skew much, much younger. Only six of the tech companies reviewed by Payscale had a median age (equal number of people above and below a number) above 35.
And only one—HP—came in above 40.
In the article, Wales says it's a mistake to believe tech entrepreneurs are past their prime if they aren't worth a billion dollars by the age of 35, or even 25. "Wales and other successful tech entrepreneurs say this thinking is as wrong as it is dangerous."
And for the HP 3000 pro moving into the next phase, being an entrepreneur is sometimes the only likely way to keep working. Join the movement and you'll find lots of people your age.
According to data from the Kauffman Foundation, the highest rate of entrepreneurship in America has shifted to the 55–64 age group, with people over 55 almost twice as likely to found successful companies than those between 20 and 34. Indeed, Kauffman highlights that the 20-34 age bracket has the lowest rate of entrepreneurial activity.