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Founders in their 20s get a lot of media attention, but research suggests most founders are older. Insider rounded up successful people who did not get recognition until their 30s, 40s or later. In fact, the average age of business founders hovers around 40, according to research conducted by MIT professor Pierre Azoulay, who analyzed 2.7 million people who founded companies between 2007 and 2014. Azoulay found a founder at age 50 is approximately twice as likely to experience a "successful exit," meaning they get acquired or go public, compared to a founder at age 30, the research found. Writer Harry Bernstein authored countless rejected books before getting his first hit at age 96.
Glenn Robinson came up with a plan for his parents: put a tiny house in their backyard for $185,000. The Robinsons clear $1,000 a month off the tiny house. I've been telling him for years, "Hey, Dad, you should put a tiny house in that backyard." I'm a co-owner of the tiny house and a bit of the project manager. My dad refinanced his home — we got a $230,000 home-equity loan and used $185,000 to pay for the tiny house.
Roland Johnson was born in Philadelphia on Sept. 14, 1945, to Grace and Roy Johnson. But Roland’s parents refused to do that and tried to raise him at home. In his book, Johnson describes himself as having had an insatiable appetite and a penchant for stealing food from stores and running away. His mother, he wrote, “didn’t know how to handle me.”To punish him, he said, she’d first heat a knife on a stove. My mother tried but she couldn’t take it anymore.”
Persons: Roland Johnson, Grace, Roy Johnson, Rosemary, Johnson, Roland, , ” LaVerne Cheatham, didn’t, Locations: Philadelphia
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