Contrary to popular belief, only a small percentage of entrepreneurs are young (below the age of 30) when they start their first company. Only 15% of entrepreneurs start their company before turning 30, and only slightly over half of all tech founders are under 40 when they start their own business. Usually, there’s a 15-year gap between a person receiving their last degree and founding their first company.
The most surprising statistic of all is that only 0.9% of all American tech companies are founded by people without at least a bachelor’s degree and before turning 25. So, if you think about it, Bill Gates, Mark Zuckerberg and Steve Jobs had remarkable success considering they were young, college-dropout entrepreneurs.
Even though some entrepreneurs wait until the end of their professional lives to build their own business, why shouldn’t a young twenty something consider entrepreneurship? Here is why you should start a business in your 20s.