When is the best age to start a business?
Did you like multiple-choice tests when you were in school? Let's see if you can get this one correct.
What age person is most likely to succeed as a founder of a business?
A) A person in their 20's
B) A person in their 30's
C) A person in their 40's
D) A person in their 50's
E) A person in their 60's
If you are like most people you might choose A, B, or C as your answer. According to a study of 2.7 million startup founders, conventional wisdom might not be the correct choice. A recent study by the Census Bureau and two MIW professors found a connection between older/seasoned leaders and success.