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I will tell you right now, the worst founders are young. Probably great for the VC, but not great for anyone else. My best learnings have come from founders wh
by bearjaws 2y ago
I will tell you right now, the worst founders are young. Probably great for the VC, but not great for anyone else.
My best learnings have come from founders who were in their 40s when they started their businesses. One was even 58 when he started.
- steveBK123 2y agoYouth are easier to get more work out of than the value they will get in return. By 40 you have less tolerance for BS, can better judge if a venture will succeed, and when the risk/reward no longer make sense to continue. Some would call it higher risk tolerance, others might say its risk ignorance.
- safety1st 2y agoThe average age of a successful business founder in the US is in the early 40's - these days I see 42 and 45 thrown around based on available data. It's always been the case. 20 years ago I remember seeing the number 38 being thrown around. By middle age you've had enough time to accumulate skills, a network, and capital, which can far outweigh the downsides of this period of your life. Young adulthood is your fuck around period. Middle age is your find out period. It's really when the rubber hits the road and whatever you've been turning into a reality through your actions for the last 20+ years, happens. Old age is when you live with the consequences.