{"id":70,"date":"2020-09-18T13:16:27","date_gmt":"2020-09-18T17:16:27","guid":{"rendered":"https:\/\/www.smallbusinessstartup.com\/insights\/?p=70"},"modified":"2022-07-19T12:44:58","modified_gmt":"2022-07-19T16:44:58","slug":"what-is-the-best-age-to-start-a-business","status":"publish","type":"post","link":"https:\/\/www.smallbusinessstartup.com\/insights\/what-is-the-best-age-to-start-a-business\/","title":{"rendered":"What is the Best Age To Start a Business?"},"content":{"rendered":"<p><span style=\"font-weight: 400;\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-71 aligncenter\" src=\"https:\/\/www.smallbusinessstartup.com\/insights\/wp-content\/uploads\/2020\/09\/Most-Frequent-Age-of-Prospective-Franchisees-Jan-Aug-2020.png\" alt=\"\" width=\"662\" height=\"348\" srcset=\"https:\/\/www.smallbusinessstartup.com\/insights\/wp-content\/uploads\/2020\/09\/Most-Frequent-Age-of-Prospective-Franchisees-Jan-Aug-2020.png 662w, https:\/\/www.smallbusinessstartup.com\/insights\/wp-content\/uploads\/2020\/09\/Most-Frequent-Age-of-Prospective-Franchisees-Jan-Aug-2020-300x158.png 300w\" sizes=\"auto, (max-width: 662px) 100vw, 662px\" \/><\/span><\/p>\n<p><span style=\"font-weight: 400;\">The most popular age to start a business might be older than you think. While successful entrepreneurs can be found at any age, the most common ages for exploring <a href=\"https:\/\/www.smallbusinessstartup.com\/business-franchises2.html\">business ownership<\/a> ranges from the mid-30s to mid-50s, according to data from <\/span><a href=\"https:\/\/www.smallbusinessstartup.com\/\"><span style=\"font-weight: 400;\">SmallBusinessStartup.com<\/span><\/a><span style=\"font-weight: 400;\"> and its partner sites.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The peak age for contacting a franchise business opportunity so far this year is 49. Generation X is far and away the largest group of franchise prospects, with the 39- to 54-year-olds comprising 47.5% of prospects in 2020 year-to-date.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">And starting a business later in life might actually help many owners succeed. A 2018 study published in the Harvard Business Review found that <\/span><a href=\"https:\/\/hbr.org\/2018\/07\/research-the-average-age-of-a-successful-startup-founder-is-45\"><span style=\"font-weight: 400;\">\u00a0entrepreneurs over 40\u00a0 were more likely to succeed<\/span><\/a><span style=\"font-weight: 400;\">, and that the average age of a successful founder was 45. Further,<\/span><a href=\"https:\/\/www.kellogg.northwestern.edu\/faculty\/jones-ben\/htm\/Age%20and%20High%20Growth%20Entrepreneurship.pdf\"><span style=\"font-weight: 400;\"> the 2019 academic report on that research<\/span><\/a><span style=\"font-weight: 400;\"> of 2.7 million entrepreneurs shows a similar distribution by age as the chart above from 2020, and a clear shift to greater startup success after age 40.<\/span><\/p>\n<p><i><span style=\"font-weight: 400;\">Interested in more insights from our proprietary data set? Subscribe to our email newsletter below, or<\/span><\/i><a href=\"https:\/\/www.linkedin.com\/company\/small-business-startup\"> <i><span style=\"font-weight: 400;\">follow us on LinkedIn.<\/span><\/i><\/a><span style=\"font-weight: 400;\">\u00a0\u00a0<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The most popular age to start a business might be older than you think. While successful entrepreneurs can be found at any age, the most common ages for exploring business ownership ranges from the mid-30s to mid-50s, according to data from SmallBusinessStartup.com and its partner sites.\u00a0 The peak age for contacting a franchise business opportunity&hellip;<\/p>\n","protected":false},"author":10,"featured_media":87,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-70","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-insights"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>What is the Best Age To Start a Business? - Small Business Startup Insights<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.smallbusinessstartup.com\/insights\/what-is-the-best-age-to-start-a-business\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"What is the Best Age To Start a Business? - Small Business Startup Insights\" \/>\n<meta property=\"og:description\" content=\"The most popular age to start a business might be older than you think. While successful entrepreneurs can be found at any age, the most common ages for exploring business ownership ranges from the mid-30s to mid-50s, according to data from SmallBusinessStartup.com and its partner sites.\u00a0 The peak age for contacting a franchise business opportunity&hellip;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.smallbusinessstartup.com\/insights\/what-is-the-best-age-to-start-a-business\/\" \/>\n<meta property=\"og:site_name\" content=\"Small Business Startup Insights\" \/>\n<meta property=\"article:published_time\" content=\"2020-09-18T17:16:27+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-07-19T16:44:58+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.smallbusinessstartup.com\/insights\/wp-content\/uploads\/2020\/09\/54119965_s-1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"848\" \/>\n\t<meta property=\"og:image:height\" content=\"440\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Camden Joiner\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Camden Joiner\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.smallbusinessstartup.com\/insights\/what-is-the-best-age-to-start-a-business\/\",\"url\":\"https:\/\/www.smallbusinessstartup.com\/insights\/what-is-the-best-age-to-start-a-business\/\",\"name\":\"What is the Best Age To Start a Business? 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