Spin Master's founder explains why your 20s are the best time to start a company
Spin Master co-founder Ronnen Harary advocates for starting a business in one's 20s, arguing that young entrepreneurs face less competition and benefit from compounding energy. While many professionals wait until their 30s to launch ventures, Harary suggests that early starts allow for greater mentorship opportunities and risk-taking.
Why it matters
This perspective challenges conventional wisdom about the ideal age for entrepreneurship and highlights the psychological advantages of early-career business development.
Ronnen Harary said he recommends starting a business in your 20s. Alberto E. Rodriguez/Getty Images for Paramount Pictures In a live Q&A with Business Insider, Ronnen Harary said he suggests starting a business in your 20s. People don't view founders in their 20s as competition, and others are more likely to root for them, he said. He also said that people in their 20s also tend to have high drive and energy. If you're thinking of starting a business , there's no reason to wait. When Business Insider asked LinkedIn users which decade of life is the best time to start a business, the 30s came out on top. Ronnen Harary says that tracks with the average age of entrepreneurs in the US — but his advice is to start sooner.
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