"Some of the most recognizable brands today were started by people who were 50 or older. Fast-food companies like McDonald's and KFC were founded by people who were middle-aged. Media personalities like Martha Stewart, Julia Child, and Kris Jenner didn't become famous until 50. Not every success story looks the same. While the ultra-young tech founder has become an archetype of modern entrepreneurship,"
"While the ultra-young tech founder has become an archetype of modern entrepreneurship, some of the most successful businesses today were started by people well into middle age. In fact, a 2018 Harvard study found that the age of a founder directly correlates to its success, with the probability of extreme startup success rising with founder age up to their late 50s."
Some of the most recognizable brands were started by founders aged 50 or older. Fast-food companies such as McDonald's and KFC were founded by middle-aged entrepreneurs. Media personalities including Martha Stewart, Julia Child, and Kris Jenner did not become famous until age 50. The ultra-young tech founder has become an entrepreneurship archetype, yet many highly successful businesses began when founders were well into middle age. A 2018 Harvard study found founder age directly correlates with success, with the probability of extreme startup success rising with founder age up to the late 50s. Career changes later in life can be difficult but can launch fruitful new chapters. Twelve celebrities and entrepreneurs achieved career success later in life.
Read at Business Insider
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