We’ve shared the PEP model for founding teams before - Passion, Experience and Persistence. Since we’ve already covered the 2 Ps (click above to read about them), we thought it was time to talk about Experience.

There is a myth in startups that startup founders are young people, fresh from education, and looking to disrupt the world. We see icons like Bill Gates, Mark Zuckerberg, and Steve Jobs and think, “You have to be young to start a company.” There are notable startup founders who are young. But the average age of all startup founders is 42 years.