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What is the best age to become entrepreneur?

 

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.

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Who must be recruited and promoted and why?

The greatest sprinter. Fastest human on planet earth. Right?
Usain St Leo Bolt OJ CD is a Jamaican retired sprinter and world record holder in the 100 metres, 200 metres and 4 × 100 metres relay. His reign as Olympic Games champion in all of these events spans three Olympics.
Football and sprint both use huge amount of legs. By all accounts Usain Bolt has strong and fast legs, brilliant athletic brain, proven record of successful competition at the highest level.
But he has confessed that he is struggling in football- the new game he has adopted after retiring from sprints. He is practicing hard. He is improving his fitness in” football” though he knows fast running better than any football player. At the height of 1.95 m and weight of 94 kg, he is strong and formidable; quick and agile. But his ” football fitness” is low, much lower than average club football player.
It means if you are great in one or similar field, you wont necessarily be great in similar field. It means you will have to train and adopt and achieve adaptation in a new field- you have the advantage of being excellent in similar other field, but you will have to learn the new field like any newcomer.
This is applicable in many fields. Sports, athletics, football and business.
This is why being great in one field is praiseworthy but being quick to learn new field and being ready to go through the drills of learning/training in a new field is a far greater virtue and quality. In ever changing world things are not same all the time- they change and we are suddenly facing a new situation.
I, for one, always give higher preference & far greater importance to a person’s ability to learn new things quickly and give higher weightage than her/his previous accomplishments. Previous laurels do prove the person mastered something in past, does give hope that a person can learn new things but nothing more .
This has been the main point of my recruitment and promotion of more than 10,000 professional in the past- Respect and acknowledgement for the ability to learn and master new competencies because rising to the occasion in a new field and situation is exceptional. More often a person does it , far more exceptional and unique the professional is.
Usain Bolt in sprints was great, if he becomes great in football too, he will be far greater.
I am sure you have your inputs and experiences. I would like to learn from them.

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