What were the ages of successful entrepreneurs when they started? Age is one of the top excuses that would-be entrepreneurs use as a crutch not to pursue their visions.
Are you too young to be taken seriously? Maybe too old to be listened to any more? Let’s take a look at the facts. They might surprise you.
Don’t worry. It is safe to keep reading. There will always be an available excuse if you’d prefer to hide in your shell on the sidelines. If you or someone you know just needs a little more proof that you are the right age to start your own startup, then this is definitely for you…
KFC’s founder reportedly started serving food at age 40, at a service station. It wasn’t until he has 65 years old that he began to promote his fried chicken franchise. Franchisees began by paying just four cents per chicken. He was 73 years old when he exited the company for $2M dollars.
While Steve Jobs may have technically only been 21 when the first Apple computer was built, many don’t consider him to really hitting success and peaking until the iPhone when he was 52 years old.
Mark Zuckerberg really changed the perception of entrepreneurship, what’s possible and the value of young entrepreneurs. Especially when thinking about the ages of successful entrepreneurs when they started. While certainly controversial, he started Facebook in 2004 from his college dorm, and became the world’s youngest self-made billionaire by the age of 23. This was really the tipping point for the hunt for young entrepreneurs.
Bill Porter founded E Trade at 54 years old. He took stock trading online and created a company which now has assets of around $65B. Bill launched it in first as TradePlus with just $15,000. The year after it became E-Trade they had $850k in revenues.
Bernard Marcus co-founded a little company called Home Depot when he was 50 years old. He is now worth an estimated $5.8B. All from a teenager who wanted to become a doctor, but wound up working in his father’s cabinet shop because he couldn’t afford the tuition.
Charles Ranlett Flint
Charles Flint brought together four companies to become the Computing Tabulating Recording Company in 1911. In 1924 that company became IBM. Flint also negotiated the first international sales of airplanes for the Wright Brothers. Definitely on the higher end when thinking about the ages of successful entrepreneurs when they started.
Despite being dyslexic, Michael Cammarata made his first million by the time he was just 13 years old. By 20 his business was making $100M. Today, he is the CEO of publicly-traded Neptune Wellness Solutions.
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