Startup founders are better in their 40's

What’s important in finding success? And what isn’t?

Key Points:

1. As a leader: be tenacious, be coachable, and have integrity, above all else
2. As a team member: build partnerships and relationships
3. As an entrepreneur: ask questions, foster the right ideas, and convey your passion

The story of the young upstart founder is a popular narrative in today’s culture, but how genuine is it? A recent article by Ian Hathaway actually reveals that, on average, the most successful founders are in their 40’s. The fastest growing, venture-backed, and successfully exited companies are led by founders aged 42–47, not those in their teens and 20’s crafting startups in their dorm rooms.

If youth isn’t necessarily the most crucial point, what is? Of course this isn’t the be all and end all of lists, but great startup founders, from my perspective and experiences as an investor, hone in on the following key elements.

As a leader

Be tenacious

A “never give up” mentality is important. As a founder, you will have to pick yourself up time and time again in order to reach success. You will hear “no” over and over. You may have people praise your…