Snippet from Dilbert Blog –
Single people are free to take more economic risks than married people. It makes me wonder if there is a correlation between the average age of marriage in a particular area and its economy.
My hypothesis is that places where marriage happens early, by custom or religion, will also be the places with the slowest rate of development. In such places there might be fewer entrepreneurs and everyone would take fewer risks.
Exceptions would abound since economies are influenced by many factors, so if there is a correlation it would be on average and not apply to every region. And obviously the causation could work the other way too; a good economy provides the option of staying single longer.
On a similar theme, easy access to divorce, and a high divorce rate, might also contribute to entrepreneurial energy. And again this could work both ways because a risk-taking spouse is probably more likely to get a divorce.
Those who don’t read enough, will comment here saying Narayana Murthy of Infosys started Infy when he was married man. Let’s look at it. Narayana Murthy was born in 1946. He started Infosys in 1981. Not many people know that Mr. Murthy had attempted a startup (that failed) before starting Infosys. Anyway, we all respect Mr. Murthy for changing the face of IT.
The point is, if married men are more open to taking risks, how many startups/ventures do you see that are started by married men? I think Scott Adams is right!
Is this one of the prime reasons we don’t see many startups in India? The pressure to settle earlier in life might be squeezing out the risk taking abilities of many wannabe entreprneurs. Mind well, if you have a spouse who works and can support you; great. But marriage might take out the most important part your startup deserves from you – TIME!
I’m not against marriages. But I think the right age to get married is between 30-33 for both men & women. What is your take on this?