The image of hoodie-wearing college students launching billion-dollar businesses from their dorm rooms has become an entrepreneurship cliché. And while leaders say there are advantages to being a young founder—having more energy and fewer responsibilities—there are also perks to starting a business later in life. Actress Jennifer Garner became a cofounder of $732 million business Once Upon a Farm at 45, and says her age was an asset in the career move.
“I’m so grateful to be a grown-up in that room and not a kid, because I think that I would think I need to prove myself, I need to say ‘This is how we should do this,’ or ‘This is how this should run,’” Garner said recently in an interview with Forbes. “I’m blissfully not motivated by needing to be in charge.”