2 ms·
That pretty much fits into the "data" for most companies, and especially high-growth ones are actually made by people well into their 40s if not 50s. I recall
by sebow 4y ago
That pretty much fits into the "data" for most companies, and especially high-growth ones are actually made by people well into their 40s if not 50s.
I recall reading this paper[0] which really bursted some of the myths/legends regarding age and entrepreneurship. The take is that a high-growth company happens more rarely to very young individuals compared to older ones. And this makes sense: to run a company you need to fail in order to gain the experience and insight into what means success. This is not to say "give up", but that one should expect ups and downs alongside the road (which let's be honest many of us 'youngsters' [<35] don't do this).
[0] https://doi.org/10.1257/aeri.20180582 https://doi.org/10.1257/aeri.20180582