It’s widely believed that the most successful entrepreneurs are young. Bill Gates, Steve Jobs, and Mark Zuckerberg were in their early twenties when they launched what would become world-changing companies. Do these famous cases reflect a generalizable pattern?
In fact, the average age of entrepreneurs at the time they founded their companies is 42.
But what about the most successful startups? Is it possible that companies started by younger entrepreneurs are particularly successful? Research shows that among the top 0.1% of startups based on growth in their first five years, the founders started their companies, on average, when they were 45 years old.
Research: The Average Age of a Successful Startup Founder Is 45.