nobody said they can’t. Statistics show they don’t do it the at the same rate so it’s an accomplishment when some do
nobody said they can’t. Statistics show they don’t do it the at the same rate so it’s an accomplishment when some do
If I were to guess I think most founders would be either young or above middle age. Living “poor” is less of a problem when you’re young, and then once your children grow up and you have both experience and stable finances you’re again free of a lot of life’s responsibilities. Meanwhile you’re likely going to be struggling to even find enough hours in your life to take a shower in your 30-40ies with small kids and jobs, and you’re also likely to actually depend on paychecks during this period.
> At first, I doubted if he could run a business at his age. I wanted him to relax at home.
As for this
> Statistics show they don’t do it the at the same rate so it’s an accomplishment when some do
51% of US business owners are at least 55: https://www.census.gov/library/visualizations/2020/comm/busi...
The impetus of this particular thread and context of gp (sabbaticaldev) comment is "starting" a business at age 60.
On the other hand, your cite seems to be survey of all businesses and gets a snapshot of whatever ages the business owners happen to be when the survey was done. In other words, maybe many of those 55+ business owners started when they were much younger?