The best time to be an entrepreneur is when you’re young. “As you get older, your obligations increase,” Musk said. “So I would encourage you to take risks now, to do something bold, you won’t regret it.” As you get older, risk-taking also impacts your family and children. Not to mention, you’ll have much less time on your hands. Instead, take risks now when you don’t have these other obligations or time-commitments. Which brings us to the next point…