> The average age of first-time entrepreneurs in all industries is 43; in tech industries, the average age is 39.
This obviously doesn't mention how successful those older entrepreneurs go on to be.
I'd like to know if there is a significant difference in the success rates of tech companies started by 18 year olds and 28 year olds. Does it actually make empirical sense to start a company when you're 18, or do those 10 years of working drastically improve your chances such that you should hold off?
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> The average age of first-time entrepreneurs in all industries is 43; in tech industries, the average age is 39.
This obviously doesn't mention how successful those older entrepreneurs go on to be.
I'd like to know if there is a significant difference in the success rates of tech companies started by 18 year olds and 28 year olds. Does it actually make empirical sense to start a company when you're 18, or do those 10 years of working drastically improve your chances such that you should hold off?
I'd be totally interested in (being spoonfed) research on that, just out of interest.
I think my bumper-sticker take away, though, would be "it's never too early to try and it's never to late to get started."
I remember reading a free years ago--I can't remember the source--that older entrepreneurs were, on average, more successful than younger ones.