“…Younger entrepreneurs perceive more barriers than older entrepreneurs, in particular lack of experience, finance, skills, support, and market opportunities (Schoof, 2006;Brixiová, Ncube and Bicaba, 2015;Staniewskia and Awruk, 2015). This coincides with results of research indicating a correlation between age and business performance (Rai, 2008;Verdugo, 2018;Kirogo, Nyaboga, Marwa, Nyaanga and Waiguchu, 2018) showing that changes of a venture's success increase with experience.…”