As millennials age — the youngest millennials are now 28, and the oldest 43 — many of them are replacing older generations as leaders in companies across the country. While the average CEO age is still around 54, millennials and even Gen Zers are entering the C-suite in droves as they climb to earn money ladder. By 2022, one-third of US CEOs will be under the age of 50, according to McKinsey & Company.

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So what can millennial CEOs teach about money and business? Here are some tips based on some of their success stories.

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Brian Chesky: Be ready for the long haul

Brian Chesky, co-founder and CEO of Airbnb, had to put a lot of time and effort into his business before it took off. A particular quote is usually attributed to him: “Our overnight success took 1,000 days.”

When Airbnb launched, it wasn’t an instant hit. A year after launch, the site had only 100 visitors a day and only two daily bookings, Chesky said Start clock. However, he did not give up because he saw the potential in his idea.

If you are starting a business, investing or saving, growth can be slow at first. Don’t be discouraged by slow progress. Keep working towards your goals, and in time you will see the results of your hard work.

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Bonus lesson: Build something people love

When it comes to business, one more thing to learn from Chesky, as he said in an interview posted on Xis something shared with him by his Y Combinator mentor, Paul Graham: “Build something that 100 people love, not something that 1 million people like.”

The idea is that if you can get 100 people passionate about your product or idea, they can become your advocate. They will then tell their friends and family about it, so you can reach many more people.

By focusing on an audience you know and understand, you can tailor your marketing and services accordingly – and ensure your audience has a great experience. Figuring out your niche and solving the real problems in that niche can be a successful way to build a great business.

Mark Zuckerberg: Focus on getting something done

Mark Zuckerberg, founder and CEO of Facebook, offered his own advice on getting started: “I think a simple rule of thumb in business is that if you do the things that are easier first, you can actually make a lot of progress.”

Sometimes, when trying to make a change or set goals, people can get overwhelmed with everything they need to do and end up procrastinating. Start with the simple steps.

For example, if you’re trying to get better with money, set a budget and open a savings account. Then find out what simple tasks you can do right away that will improve your situation. By tackling the simple things first, you build the momentum and confidence you need to tackle bigger challenges later.

“You’re better off trying something and having it fail and learning from it than doing nothing at all,” Zuckerberg said. If you have an idea for a business or a side life that doesn’t involve a lot of risk, then try it. As long as you don’t have to invest a lot of money, you don’t have to worry if it doesn’t work out.

You may have to put some work into a bunch of different ideas before something really sticks, but if things don’t go as planned, you’ll still gain valuable experience that you can use for future ventures.

Patrick Collison: Pessimism can keep you from your goals

Patrick Collison, co-founder and CEO of Stripe, has some thoughts on optimism and originality. He quoted Nat Friedman, another CEO, in one posts on X: “Pessimists sound smart. Optimists make money.”

While it can be a good exercise to figure out how an idea or business can go sideways, it’s only useful if you then actively take steps to prevent that from happening. Otherwise, pessimism can only prevent you from actually trying to do something. It’s easy to find excuses as to why actually trying an idea isn’t worth it.

Knowing that achieving your financial goals is possible can motivate you to take action. Optimism can encourage you to invest, save and plan for the future. While it’s important to be realistic, focusing on positive outcomes can lead to better financial health.

Bonus lesson: Be creative

In an episode of “The Tim Ferriss Show” podcast, Collison said, “If people around you don’t think what you’re doing is a little weird, maybe it’s not weird enough.”

Original ideas can lead to new innovative companies. Don’t be afraid to think outside the box. It’s important to research and understand any new approach, but embracing originality can be rewarding.

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This article was originally published on GOBankingRates.com: 3 Money To Learn From Successful Millennial CEOs