"A study published by the National Bureau of Economic Research found the average age of entrepreneurs who start a company and go on to hire at least one employee is 42. A study conducted by the Census Bureau and two MIT professors found the most successful entrepreneurs tend to be middle-aged, even in the technology sector."
"In general terms, a 50-year-old entrepreneur was almost twice as likely to start an extremely successful company as a 30-year-old. A 60-year-old startup founder was three times more likely to launch a successful startup than a 30-year-old startup founder, and nearly twice as likely to have launched a startup that ranked in the top 0.1%."
"This research consistently finds that performance peaks in middle age: The life cycle begins with a training period in which major creative output is absent, followed by a rapid rise in output to a peak, often in their late 30s or 40s."
While famous tech founders like Zuckerberg, Gates, and Jobs started young, research reveals they are exceptions. Studies by the National Bureau of Economic Research and Census Bureau analyzing millions of company founders show the average age of entrepreneurs who hire employees is 42, with the most successful tech founders averaging 45. Fifty-year-old entrepreneurs are nearly twice as likely to start extremely successful companies compared to 30-year-olds, while 60-year-old founders are three times more likely to succeed. This pattern extends beyond business: scientists and inventors now make their greatest contributions after age 40. Peak performance typically occurs in late 30s or 40s, following a training period where mastery develops through accumulated knowledge and experience.
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