Different generations at work

This post came out from The Straits Times (8 June 2015)
Title - Gen Y entrepreneurs and their skilled seniors make a good team

Some pointers that I've got are:
1. Gen Y type of entrepreneurs
2. How skilled seniors can value add

On Gen Y type of entrepreneurs

1. Gen Y entrepreneur is passionate, young and committed. They have energy, passion and ideas. However, they might have too many ideas and need to narrow down and focus. 
2. As young entrepreneurs edge lies in their mastery of technology, they can use this to reduce the financial risk of starting a business. For example, they can use technology to prototypes and can gather resources through crowdfunding. 
3. Young entrepreneurs, however, may lack the nitty gritty know-how, especially when they seek to expand their business.

On How skilled seniors can value add

1. Having worked in the industry for decades, silver entrepreneurs can bring with them specialized skills and experience. 
2. It may be easier for the old and the young to work together as entrepreneurs than as employees. In a corporate environment, the issue of seniority may be a hindrance to a fruitful partnership. However, that difference might not be so significant among entrepreneurs as long as they have the mindset "that we're all equal regardless of our age and experience". 

Yours,
Something Small Thinking Big