A host of entrepreneurs have started young. People like Mark Zuckerberg, Jack Dorsey, Larry Page, and Sergey Brin, all got started while in their 20’s. According to CNN Money, a new report by SV Angel’s Ron Conway and David Lee shows that their success is no coincidence.
“I think younger entrepreneurs are more willing to ‘slow brew’ their business,” said Conway. “Facebook is the best example of a company that was slow brewed with plenty of patience.” He also pointed to Groupon and Twitter as other examples of successful companies whose founders got their starts early but also spent years refining their services.
Still, there’s something to be said for age-old wisdom. Conway and Lee used Facebook co-founder Sean Parker as an example. Parker has been involved with several start-ups over the years, including the once-popular early 2000s music file-sharing service, Napster.
“At 18, Sean was already wise about what was on the minds of music lovers,” said Lee. “But I like him now at 31. He has more experience, and he’s learned from it.”
Photo by John Morgan