Source | www.inc.com |
Wrong: A recent study conducted by the Census Bureau and two MIT professors found the most successful entrepreneurs tend to be middle-aged–even in the tech sector. The researchers compiled a list of 2.7 million company founders who hired at least one employee between 2007 and 2014. The average startup founder was 45 years old when he or she founded the most successful tech companies.
And in general terms, a 50-year-old entrepreneur is almost twice as likely to start an extremely successful company as a 30-year-old. (Or, for that matter, a successful side hustle.)
Still not convinced? Check out these stats:
- A 50-year-old startup founder is 2.2 times more likely to found a successful startup as a 30-year-old.
- A 40-year-old startup founder is 2.1 times more likely to found a successful startup as a 25-year-old.
- A 50-year-old startup founder is 2.8 times more likely to found a successful startup as a 25-year-old founder.