Page 45 - Are You Future Ready?
P. 45
Chapter One - To Know the Present
Through the Past
startups with founders aged below 25 performed poorly,
while the startups with founders aged 35-45 performed
very well, such high performance continues till the age of
60.
Therefore, if there are two entrepreneurs asking for
funding, and you know nothing about them except their
age, the researchers of this study made a joke that you
should choose the older one as they are more assured.
The above findings are due to education, work experience 043
and savings. Young people may be creative, but they
lack industrial experience and the financial foundation
to succeed. On the contrary, if entrepreneurs have
accumulated at least three years of experience in the
relevant industry, it is found that their success rate is 85%
when starting a business.
Some people may argue that Steve Jobs was only 21 when
he started his business. However, the company’s stock
price continued to be sluggish since listing it in his 20s.
The stock price started to rise only when he was 48. When
