I was surfing the net for articles searching for business tips and other related topics and the gods of algorithm led me to an interesting topic.
In 3 years I would be entering my 40's and sometimes it feels like I'm already too late to be financially successful. Most of the billionaires and millionaires I hear about made their fortune during their 20's and 30's. And here I am still building up my nest egg.
But not all hope is lost as I found out that the average age of business founders is at 40. And what's even more compelling is that according to this insider article a 50 year old business founder is 2x more likely to have a successful exit compared to someone younger.
Let's have a look at some personalities who found success later in life.
Founded zoom at the age of 41; his company took off during the pandemic when everyone was working from home.
Our childhood hero. His first comic hit came when he was just about to turn 39.
Retail giant Walmart was founded when Sam was at the age of 43 in 1962.
My next vehicle will most likely be a ford ranger. First version of the model T Car was launched when Henry Ford was already 45
My favorite chicken fast food restaurant was founded by colonel Sanders when he was already 62 years old.
There's plenty more people who were not mentioned in this list. But if there's one key takeaway is that it's never too late. Keep the grind up.
