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I often worry about whether my startup clock is running out. I'm closer to 30 than 20, finishing up graduate school, and for the most part feel young. But other than the pediatrics ward, the only other time I start to feel my age is when attending some of these startup events. What I try to keep conscious of is knowing what's reported in the media and what isn't, which are often 2 completely different worlds. On TechCrunch, "kid genius makes $100m" is the story they want. It fits this age-old narrative of a child prodigy reaching success in half the time it takes a "normally smart" person to, like Mozart, Einstein. And that media draws in huge amounts of young people hoping to fit that narrative. But what's not reported are the companies that are typically working on much harder and more boring problems -- problems that require an understanding by people who've been in industries for years. Look at any CrunchBase newsletter about the day's fundraising and acquisitions, and you'll find yourself surprised at how many medical/B2B/etc companies are being bought for $100m+. These aren't companies started by 22yo grads, but by people with extensive industry experience. And the (startup) media doesn't really give a damn about them. That's not, in any way, to devalue startups started by younger people. There's little-to-no barrier to starting social apps and the like. They have their place in society and have shown to be successful, so I don't blame a fresh grad who wants to try his/her hand at it. But there is a whole world of other startups and companies that are working in more complicated and boring industries that could not have been started by people in their early 20s. Experience still matters, as unsexy as it is. |
A college kid would never have come up with what I'm building, because they wouldn't realize the problem I'm trying to solve actually exists. It came to me because I've been in the software industry for nearly two decades and have seen the same problems, over and over. I'm solving a real problem that I understand really well, with a straightforward monetization strategy from obvious customers. It's not something that could be knocked off in a weekend by a couple of dudes at a weekend hackathon.
The experience to see substantial problems and the patience to work on them comes with time. Don't worry about getting old.
That all said, my 40s have been the best creative period of my life, by far. I feel like all the things I learned and experienced in my first 40 years were just setting me up for what I can do today.