The cofounder of $2 billion toy giant Spin Master says the best time to start a business is in your 20s because ‘no one sees you as competition’

Ronnen Harary, co-founder of the multi-billion dollar toy company Spin Master, believes that launching a business at a young age is ideal. Speaking in a recent interview, he explained that starting in one's 20s allows entrepreneurs to harness their youthful energy, determination and drive, which diminishes as they age. "When you're in your 20s, no one sees you as competition," Harary noted, a sentiment echoed by other successful founders like Mark Zuckerberg, Steve Jobs, and Alexandr Wang.

At just 23 years old, Harary and his childhood friend Anton Rabie founded Spin Master in 1994 after graduating from university. The company quickly gained recognition, with products like Etch A Sketch and Kinetic Sand becoming cultural icons for multiple generations. Despite Spin Master's billion-dollar success, Harary admitted that he wouldn't have had the energy to propel the company to its current stature if he had started later in life.

Experts agree that the best time to begin an entrepreneurial journey is during one's 20s. While the average age of entrepreneurs is 42, many successful tech leaders, such as Nvidia founder Jensen Huang, credit their teenage years and 20s as the most opportune times to start.