People tend to model their view of entrepreneurs on some combination of Bill Gates, Steve Jobs and Mark Zuckerberg. That view is incorrect.
Ethan Mollick, Wharton School of the University of PennsylvaniaSuccessful entrepreneurs are actually older than most people assume.
Though Graham emphasizes the importance of age, research actually demonstrates that success correlates with money, contacts and experience — in other words, with a founder's resources, not youth. While novice status might allow for the fresh perspective perhaps needed for innovative disruption, older founders often have the industry know-how, financial capital, and established networks that are vital to success.
Another common myth that comes from looking at successful founders of the past is that there is a single personality type for founders. The enduring prevalence of the Myers-Briggs "personality type" test, which scientists have demonstrated is meaningless, unfortunately underscores the pervasiveness of this myth.
You shouldn't feel constrained by popular examples of startup founders — and you don't need to be a Harvard dropout launching a company with college friends to succeed.Finally, consider that our mental model for founders suggests starting a company with friends — as Steve Jobs started Apple with his best friend Steve Wozniak. My colleague Jason Greenberg and I recently analyzed thousands of founding teams to see which were most successful, and we discovered something surprising.
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