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Again, the data suggest the opposite.

The average founder age has risen from However, the age spread is not as wide as one might think. For instance, startup founders operating in the software publishing industry are, on average, 40 years old two years younger than the overall average. That said, there are other fields that attract older entrepreneurs. For example, the average age of founders in the pipeline transportation of natural gas, basic chemical manufacturing, and paint, coating, and adhesive manufacturing industries are 51, 48, and 48, respectively.

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Startup founders operating in oil and gas extraction and engine, turbine, and power transmission equipment manufacturing are also significantly older than other types of entrepreneurs. The data presented in this article can be found in the following research report, forthcoming in the American Economic Review: Jones, B. Age and High-Growth Entrepreneurship.

Mark Travers, Ph.

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Or will they be neutral…maybe even a bit disappointed? But what we leave behind for our descendants is one of the greatest gifts we can give.

Related article: The Top 10 Regrets of the Dying. They say it's the little things that are important in life, and the same is true in relationships.

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7 Reasons Why It’s Never Too Late in Life

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