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If you're in your 20s and looking to launch a business, there's good news and bad news.
The good news is that the average age of a successful founder in the US is 45, Business Insider reports.
The bad news is that just 6% of entrepreneurs in 2022 were between 20 and 30, and 64% were 40 or older, Statista reports.
But there's a silver lining: "Success can happen at any age and we should discourage young people from putting out deadlines on their dreams," says entrepreneur Kate Berski, who now helps quarter-lifers take back their 20s and feel confident in their 30s.
Here's what else you should know about starting a business in your 30s: Don't focus on your age.
"Your experience is what really matters when it comes to successful entrepreneurship," says SCORE's Emma Waldman.
Focus on your network.
You're more likely to meet like-minded people when starting a new venture, and you'll have the time to build and nurture relationships.
Selected Grant News Headlines
A customized collection of grant news from foundations and the federal government from around the Web.
State grant helps support clean energy jobs for disadvantaged young adults.An award of $500,000 was given to the Social Enterprise and Training Center, also known as the SEAT center.The program helps...more
The Weeknd was awarded the Key to the City and honoured with The Weeknd Weekend by the City of Toronto.The ceremony was attended by Toronto Mayor Olivia Chow, youth from the Boys & Girls Club of West...more
The initiative saw ZTE donate essential supplies and digital connectivity solutions worth 1 million THB to a Public charity organization, Baan Nokkamin Foundation.This foundation provides foster...more
13-year-old Ricky was diagnosed with leukemia for the second time in his young life.Traditional medications were failing, and Ricky's doctor dismissed the recently approved stem cell treatments...more
Notably, this was the first Children's Entrepreneur Market event held in the country.HATCH Fest honored Juneteenth with three public readings of the Emancipation Proclamation by local community...more
Sit Still Kids Salon Opens in Atlanta's Peachtree Battle neighborhood.Salons specifically designed for children are evolving to provide tailored services for kids with diverse needs.Businesses are...more
Debit cards issued by NYC's summer youth job program tied to $17 M ATM fraud scam: sources.The scam led to ATMS across the Big Apple being banged for big bucks from July 11-13.The cash ended up in...more
The passing of my father was a transformative moment for me.This perspective shift is why I now dedicate much of my energy to youth programs and community development.I've leaned heavily on...more
Dobbs announced the need for volunteers at the Central Arkansas Veterans Healthcare System for Compassionate Contact Corps.Volunteers are matched with veterans that are experiencing loneliness or are...more
Jefferson Parish Young Marines receive national honors.Sgt.Taylor Science and Technology Academy, was named the Honor Graduate for the Young Marines 2025 National Leadership Academy-Senior Leadership...more
Youth News from...
Community Foundation of Abilene
New York Community Trust
Coastal Community Foundation
San Diego Foundation
Community Foundation of Sarasota County
Manatee Community Foundation
Bloomberg Philanthropies
Delaware Community Foundation
Kern Community Foundation
Key Biscayne Community Foundation
Social Entrepreneurship
Spotlight
When it Comes to Social Enterprises, Failure is the Best Platform for Innovation
In the world of social enterprises, failure is a cringe-worthy moment nobody wants to talk about. But, social entrepreneurs can benefit from their failures.
