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The Truth About Startups: Debunking the Myth of Youth

There’s a pervasive myth in Silicon Valley: Startups are only founded by a bunch of 20-year-olds who recently dropped out of college. “The Social Network,” “Pirates of Silicon Valley,” the various Steve Jobs biopics, and even the “Silicon Valley” TV show — wherever you look, the popular narrative is all about youngsters making it big.

It is true that entrepreneurial folks are more likely to start companies before the real world has beaten the optimism out of them and dulled their eyes with cynicism. But while youthful vigor can fuel and motivate fresh-faced founders, startup veterans know there are other aspects of building companies that are equally important.

Why Experience Matters in Startups

After hearing countless startup pitches, a clear pattern emerges: the most successful founders often have substantial experience. This advantage comes from having a curated, personal database of solvable problems, a network of helpful individuals, and a clear understanding of the potential market for their product.

In many cases, life experience plays a significant role. For instance, being a parent can make someone a more effective manager, as it instills the importance of priorities and time management. Parents also tend to be more resilient and patient, qualities that are invaluable in the world of startups. However, the real power of experience lies in the ability to build a strong personal network.

Finding Inspiration for Writing

When I completed my journalism degree, I realized that while I had the academic and theoretical foundation and knew the techniques used by journalists, I still lacked inspiration for writing compelling pieces.