What’s the right time to create a startup?

photo: goo.gl/fQn7On

photo: goo.gl/fQn7On

Nowadays you hear about young (under 20) entrepreneurs. Those are the exceptions, the real average age of tech startup founders is 39. Don’t rush it, it’s not about the age but about the timing.

A month before I started working, I decided to enter a startup validation contest called “Energia de Portugal”. My idea? An online platform that offers an intuitive way to discuss arguments and vote on polls online, providing full transparency and scalability to decision processes.

At the same time I was finishing my master’s thesis, so the time I had available to that contest was limited. Nevertheless I managed to validate some hypothesis and to network… which resulted in six potential clients. I had a prototype thus the next step would be to develop a beta version in partnership with one of the clients.

Then came my first day at work – the old days of side projects were over.

I felt frustrated about freezing the project right when it was getting momentum, but that was the safest (and less interesting) decision at the time. I get the feeling that younger entrepreneurs are given more opportunities and that their mistakes are more easily accepted.

All in all, I guess every time is a good a time to create a startup. Make sure you’re prepared to start the journey, you have the team with the necessary (complementary) skills, and the world’s ready to embrace your idea.