Young founders are bad for business’ success
What makes a business successful?
What makes a business successful?
People feel that young founders like Ritesh Agarwal ( Oyo Rooms) are more likely to succeed.
On the contrary businessmen above 30 are more likely to fail.
Recent research proves it wrong:
People above 30 succeed more than below 30.
50-year-old founder is 1.8 times more likely than a 30-year-old founder to create one of the highest growth firms.
Founders in their early 20s have the lowest likelihood of building a top-growth firm.
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