Are entrepreneurs better with age?
Posted: September 8th, 2009 | Author: Serra Media | Filed under: Starting up | 1 Comment »Yes, according to research recently released that surveyed 549 entrepreneurs in high growth industries. In a guest post on Techcrunch, Vivek Wadhwa spells it out:
I’ve got a message for all the Silicon Valley venture capitalists who think a CEO is over the hill after age 40. Old guys rule. And they are far more likely to be the founder of a successful technology company than most of you understand. … We also learned that these founders are likely to be married and have two or more kids.
This is satisfying news when you help launch your first company the same year you turn 40, are married and have two kids (that’s me!). And you fight the nagging regret that you should have become an entrepreneur earlier in life.
Timing, patience, experience and even luck play a part in the success or failure of any startup. The age of the entrepreneur, I’d like to think, does not.
- Mark Briggs
Speaking as someone who did the entrepreneur thing at ages 23 and 26, the “in-trepreneur” thing at age 42, and the entrepreneur thing again at 55, it’s clear each era had its unique benefits. One better than the others? No. (And no regrets allowed.)