Research suggests Kellond and Avey aren't one-offs. "The average age of a successful entrepreneur in high-growth industries such as computers, health care, and aerospace is 40. Twice as many successful entrepreneurs are over 50 as under 25. The vast majority — 75 percent — have more than six years of industry experience and half have more than 10 years when they create their startup," says Duke University scholar Vivek Wadhwa, who studied 549 successful technology ventures. Meanwhile, data from...
After one small ceremony this week, NASA and Deloitte hope to make a giant leap in improving oil field safety.
The space agency and the consulting firm signed off on a partnership to provide advanced risk-management services to oil and gas companies.
It will focus on preventing risk scenarios that have a low probability of occurring but have devastating consequences, such as the Deepwater Horizon offshore oil well disaster or the in-flight destruction of the space shuttles Challenger and Columbia.
Specific...