"The same is often true for entrepreneurs. A Journal of Business Venturing study found that the most successful entrepreneurs tend to be middle-aged, even in tech. In fact, 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 launch a startup that landed in the top 0.1% of all companies in terms of revenue and profits."
"Why does scientific genius tend to occur later, rather than earlier? Sure, occasionally an apple will still fall off a tree to spark insight; Sir Isaac Newton was 23 when he developed his theory of gravity (as well as calculus, a subject my high school report card despised him for). But true mastery typically takes time. As the researchers write:"
The age at which scientists and inventors achieve their peak contributions has increased, with most making major contributions after age 40. Performance typically follows a life cycle: a training period with little major creative output, then a rapid rise to a peak often in the late 30s or 40s. Entrepreneurial success follows a similar pattern: middle-aged founders, including those around sixty, show substantially higher odds of launching successful and top-performing companies than much younger founders. True mastery and groundbreaking work often require extended accumulation of knowledge and the cognitive effort to integrate and extend that knowledge.
Read at Fast Company
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