🦅 [ perspective ix ]
😶 The 20-year-old entrepreneur is a lie

Good ideas come at any age, but it takes experience to turn them into success stories. Steve Jobs was 21 when he helped found Apple, but he was a 43-year-old CEO when the company created the iMac.

According to a working paper from MIT Sloan professor Pierre Azoulay and PhD student Daniel Kim, the average age of entrepreneurs who’ve started companies and gone on to hire at least one employee is 42 years old.

Steve Jobs and Bill Gates started their respective companies in their early 20s, as indicated by the vertical lines. But Apple and Microsoft stocks peaked when both were in their 40s.

📡 Read more on Today's Pulse.
🦅 @PerspectiveIX
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2 comments

Anton
Amazing stats. This is something one should look at when creating "next Uber" or "next AirBnB". Not to demotivate, but to put yourself into more realistic world
Behrouz J.
Anton
Amazing stats. This is something one should look at when creating "next Uber" or "next AirBnB". Not to demotivate, but to put yourself into more realistic world
Exactly! Right now that being an entrepreneur is "cool" for Instagram bios, people forget that it takes time and work to become a 'successful' entrepreneur, rather than just an entrepreneur/founder/CEO! This might help push people to keep it real!