Money
MIT Census Study Reveals Average Fast Growing Startup Founder Is 45 Years Old
Lewis Howes School of Greatness
The Science of Doing Less to Achieve More | David Epstein
What was said
"What's the average age of a founder of one of those startups on the day of founding according to MIT and the Census Bureau and Northwestern? 45."
Research from MIT, Northwestern, and the Census Bureau contradicts the young founder narrative, showing the average age of a fast-growing startup founder is 45 years old, not in their twenties. Epstein argues older founders succeed because they identify specific customer problems from experience rather than hypothetical markets, directly challenging Mark Zuckerberg's famous claim that young people are just smarter.
Verification status
Attributed speaker claim
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Source and context
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- Programme
- Lewis Howes School of Greatness
- Episode
- The Science of Doing Less to Achieve More | David Epstein
- Clip time
- 42:13
- Original source
- Watch the source segment →
From this episode
Lewis Howes School of Greatness