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It seems like today's startups and small businesses are being led by 20-something wunderkinds. So, if you're over 30, does it mean that it's too late to start your own business? We asked our Bplans.com executive team, as well as friends on LinkedIn, and they had some interesting answers. "What is the right age to start a business?"Maybe that's the wrong question...
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WHAT IS THE RIGHT AGE TO START A BUSINESS?
CONSIDERMark Zuckerberg
Co-founded Facebook at 20
Photo Credit:
Frederic Legrand / Shutterstock
Photo Credit:
JD Lasica / Flickr
Photo Credit:
Scott Beale / Laughing Squid
Photo Credit:
Featureflash / Shutterstock.com
Photo Credit:
JStone / Shutterstock.com
Photo Credit:
@hayleybay / Twitter
Kevin Systrom
Co-founded Instagram at 26
Naveen Selvadurai
Co-founded Foursquare at 27
Steve Jobs
Co-founded Apple Inc. at 21
Bill Gates
Co-founded Microsoft at 20
Hayley Barna
Co-founded Birchbox at 27
SO
I HAVE TO BE YOUNG?
NOT SO FASTJohn Pemberton
Invented Coca-Cola at 55
Ray Kroc
Started McDonalds at 52
Colonel Harland Sanders
Founded KFC at 65
Henry Kaiser
Founded Kaiser Permanente at 63
Mary Kay Ash
Founded Mary Kay, Inc. at 45
GREAT,
ILL WAIT UNTIL IM OLDER.
ACTUALLYTHE POINT IS:
THERE IS NO RIGHT AGE
TO START A BUSINESS.
THATS NOT WHAT MATTERS
WHAT DO ENTREPRENEURS
HAVE IN COMMON,
REGARDLESS OF AGE?
THEY NEVER STOP TRYING
BUT, IM NOT GOING TO INVENT THE NEXT FACEBOOK.
IF I WAS GOING TO INVENT FACEBOOK, I WOULDVE INVENTED FACEBOOK!
Photo: The Social Network / Columbia (2010)
IF YOURE UNDER THE ILLUSION THAT YOU
NEED AN INNOVATIVE IDEA IN ORDER TO
SUCCEED, YOU COULDNT BE MORE
WRONG.
WHILE YOU MAY NOT HAVE INVENTED
FACEBOOK, YOUR SUCCESSWHETHER OR
NOT THE IDEA IS ORIGINALWILL
LARGELY DEPEND ON YOUR
ABILITY TO EXECUTE IT.
BUT, DONT TAKE MY WORD FOR IT
Photo: Reading Rainbow / Public Broadcasting Service (1983-2006)
WHAT OUR EXECUTIVE TEAM HAS TO SAY:
Dont worry about being behind. Dont worry about the prodigy kids who started their first business in middle school. Dont worry about the folks who went straight from their MBA to their first business.
Just start your thing, and work, and learn, and in no time youll be an old hand.
Josh Cochrane VP of Product Development
WHAT OUR EXECUTIVE TEAM HAS TO SAY:
I started my first tech company when I was 38 and my second business when I was 42. It was actually in my favor to start at those ages because I had years of experience behind me in management, marketing, sales, networking, and partnerships.
Caroline Cummings VP of Business Development
WHAT OUR EXECUTIVE TEAM HAS TO SAY:
Age also brings wisdom, experience, and patienceall qualities that investors look for. Having the experience of managing people, learning from mistakes, and learning from data are all things that will make your startup run smoother, rather than slower.
Noah Parsons Chief Operating Officer
I started my own business at 45go for it. - Ann, HR Specialist
WHAT OTHERS ARE SAYING:
There are always circumstances that determine when you should/shouldn't start. Sometimes the perfect time comes up, but sometimes, your passion has to override
that. And as long as you have a solid plan and determination, your age is irrelevant.
- Kevin, Company Founder & Business Strategy Manager
Source: http://bit.ly/LI-RightAge
WHAT OTHERS ARE SAYING:
You can start a business at any age young or old, each has advantages and disadvantages and all have challenges. But then what business old or new doesn't have challenges?
- Marion, Business Success Strategist
I believe it's never too late! Follow your passion. - Bonnie, Mobile and Local Marketing Expert
It is never too early or too late :) So go ahead, follow your passion and learn as much as possible from your network.
- Antoine, Finance Manager
Source: http://bit.ly/LI-RightAge
SO WHAT YOURE TRYING TO SAY IS,
IF I HAVE AN IDEA, PASSION, AND NEVER STOP TRYING,
MY AGE WONT MATTER?
YOU GOT IT, DUDE!
Photo: Full House / Warner Bros. Television (1987-1995)
GO GET EM!
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