MIT study suggests that middle-aged entrepreneurs more likely to succeed

Well, they still missed me by nearly three decades, but this should be encouraging news for some of our readers.

A team of researchers at the Massachusetts Institute of Technology investigated the connection between age and high-growth entrepreneurship, and their findings suggest that successful entrepreneurs are middle-aged, not young. “We find no evidence to suggest that founders in their 20’s are especially likely to succeed,” the researchers reported. “Rather, all evidence points to founders being especially successful when starting businesses in middle age or beyond, while young founders appear disadvantaged.”

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