Most Successful Entrepreneurs: You don’t have to be a child prodigy to succeed. The following successful entrepreneurs did not achieve breakthrough success until they were above the age of 30. (Don’t worry if you don’t think you’re cut out for starting a culinary empire or writing epic books; there are plenty of other methods to create money you can start right now.)
List of The Most Successful Entrepreneurs after Age 30
1. Martha Stewart, 41, Martha Stewart Living Omnimedia
Martha Stewart is now worth $638 million, yet she wrote her first book at the age of 41. When she was 35, she began her first business, a catering firm.
2. J.K. Rowling, creator of the Harry Potter series – 32 years old
J.K. Rowling was a 28-year-old single mother on poverty before becoming the world’s first millionaire novelist. After being rejected by 12 publishers, she was 32 years old when the first Harry Potter novel was released. Today, the Harry Potter brand is worth over $15 billion.
3. Reid Hoffman, 30-year-old LinkedIn co-founder
Reid Hoffman co-founded SocialNet before launching LinkedIn. This was an early Friendster, which implies no one had heard of it. Hoffman then worked for PayPal, where he learnt the hard realities of entrepreneurship. However, his expertise paid off, as he made $1.5 billion by 2002, when he began working on LinkedIn, which has already earned him over $4.6 billion. And he didn’t get anywhere until he was 30 years old.
4. Lynda Weinman, 40, Lynda.com
Lynda Weinman launched Lynda.com at the age of 40. She sold her firm to Linkedin for $1.5 billion 13 years later.
Weinman and her spouse established a design school with $20,000 in book earnings. Her age was 40. Lynda.com debuted in 2002, delivering online versions of Weinman’s courses. In the first month, 30 persons registered. Lynda.com was bought out for $1.5 billion 13 years later. Weinman, who was 60 years old, was called the “grandma of the internet” by her peers.
5. Matthew Weiner, Mad Men creator and The Sopranos writer
Matthew Weiner’s life before introducing us to Don Draper was similar to the Draper we saw early in the seventh season of Mad Men: sad, aimless, and a little dull. Weiner struggled for years after graduating from film school to break into the entertainment industry.
He ended up squandering most of his days on his sofa, watching TV, because he was discouraged and unemployed. He didn’t get a payment for writing until he was 30, when he assisted a buddy whose script required some polishing. This gave him a foot in the door and motivated him to start studying the Mad Men pilot.
6. Oprah Winfrey, The Oprah Winfrey Show, is 30 years old.
Oprah’s empire began when she was 33 years old and secured a pioneering syndication contract. Oprah went to Chicago in 1983 to headline the A.M. Chicago morning programme. It started off with low ratings but rapidly moved to the top spot. After three years, the show was renamed The Oprah Winfrey Show, and Winfrey negotiated a syndication agreement that helped her become a millionaire.
7. Twitter’s Jack Dorsey (30 years old)
Long into his twenties, Jack Dorsey was a punk skater. Dorsey’s first firm (founded while he was still a student at NYU) was a cab dispatching app. When it didn’t work out, Dorsey approached Ev Williams, the CEO of Odeo, a podcast startup. He proposed an instant messaging service. Williams was so taken with the idea that he joined forces with Dorsey, Biz Stone, and Noah Glass to explore it full-time. Dorsey has been named CEO. He was 30 at the time.
8. Tim Westergren, Pandora (35)
When Tim Westergren was 35, he founded Pandora. However, he was unable to pay salary for the next two years. Westergren was a failed musician, part-time composer, nanny, and hippie prior to founding Pandora. Although Westergren founded Pandora (his first business) at the age of 35, the company did not become an internet radio channel until he was 37.
Pandora began as a hardware firm that allowed music to be played in stores. Pandora even declared bankruptcy in its first two years, and Westergren persuaded 50 people to labour for free for two years.
9. Bebo Xochi Birch, 36 years old
After selling Bebo to AOL with $850 million, Xochi Birch received $595 million in 2008.
You are not alone if you haven’t heard of Bebo. Before Facebook, Bebo was one of Europe’s major social networks. Michael and Xochi Birch, 35 and 33 years old, started it in 2005. Three years later, AOL purchased Bebo for $850 million. The couple made $595 million.
10. Alibaba’s Jack Ma – 35 years old
Jack Ma has never written a line of code and did not utilise a computer until he was in his 30s. He’s now worth $22.5 billion, yet he considered himself a failure until his 30s. Ma admitted to Charlie Rose that he failed his college admission exam three times. He then applied for over 30 different jobs, including KFC, and was once again turned down.
So, at the age of 31, Ma founded “China Yellow Pages,” his first online enterprise. In its three years of operation, the company earned roughly $800,000 in revenue. He created Alibaba when he was 35. Alibaba, like Amazon, failed to earn a profit in its first three years, but we all know how that turned out.
The end result of being a late bloomer
Nothing is wrong with getting a “late” start. You, like the successful people we mentioned, definitely have some life experiences and information that might help you rocket to success and learn how to create money. So, what are your objectives? Would you want to earn $1,000 every day?