Age Doesn’t Matter
You know that old saying that age is just a number — well, there is some truth to this in business, which is why you’re never too old to start a new venture.
But you may have heard that young entrepreneurs, hot shots with big degrees and tailored industry experiences, make most of the headlines in addition to receiving recognition for their unique business achievements.
For example: Pete Cashmore, the founder of Mashable, Matt Mullenweg, who introduced WordPress, and Mark Zuckerberg, the founder of Facebook — are some of the most successful young entrepreneurs.
However, the age of the individual is not the leading factor that determines the success of the business.
There are many successful entrepreneurs who are above the age of 40 and some are even 60 years old.
Take a look at me. I entered a new venture called Pitch Investors Live. Think of it as an “online Shark Tank” and it’s focused on helping entrepreneurs find success from investors and mentorships based on their ideas and the products they pitch.
Ultimately, my message to you is simple: You’re never too old to start a new venture.
Life Experience Matters
Age doesn’t matter.
You’ve probably heard that saying before, but here’s something you haven’t…
People starting businesses in older age have higher chances of reaching success.
That’s a big win in my book!
A number of research studies have shown that people over the age of 55 are highly successful as compared with those who are under 35 looking to start a business.
You are not too old to start a new business or venture — this seems a little odd, but in order to convince you, I’ve compiled a quick list of reasons that will help you understand why you’re never too old to start a new venture.
As you know by now, the story continues… Read on!
When you opt to start a business at an older age, it will be of great benefit because you have many years of life experience that you can pull from in the new business.
In Harrington words, you are actually seasoned in the world’s ways, which has enabled you to gain a significant level of business acumen that you did not have in your early age – for example, in your 20s.
In your older age, you become more patient, which means you can take each step in the startup process in order to strengthen your business and make it on the way of success.
While you may not have practical experience in all segments of the business, it is likely that you comprehend the significance of things – for example, a business plan, the creation of a sophisticated financial plan as well as conducting market research in a thorough manner.
Setting and Achieving Goals Matter
You know exactly how to set your goals and achieve them one by one.
Goal setting is an important part of the business – especially for people who are looking to start a new business. It’s likewise essential on a consistent basis during business life.
At a young age, people do not always know or understand the usefulness of smart goal-setting for their businesses.
Therefore, as a seasoned and smart goal-setter, you can accurately outline the desired outcomes and take action to make outcomes practicality and/or reality.
So much so your life experience can help you stay objective – particularly when you take into consideration different paths that you can take to reach your goals.
This way, you can accurately move forward in an effective, cost-efficient and productive way.
You need to know that there is no age limit for starting a business.
In conclusion, young and old people – both can start a business or company. In fact, your old age means more worldly experience and more maturity, which leads to success.
Just catching up on a few weeks of your Startup Profits Daily posts after honeymooning to end 2019. Thank you for the insights and new avenue to research and learn. All the best to you in 2020.
– Kyle A.
Thank you for the well wishes Kyle, and congratulations on your marriage and honeymoon! I’m glad you’re onboard our startup train to profitable success.
One of the most challenging things a startup company or aspiring entrepreneur will face is getting traction, getting off “GO.” It’s tough. But trust me, success is worth it.
Stick with me because there’s so much more to startups then you might think. And my advice to you for 2020 is this: Don’t wait, go for it!
Want the chance to be featured in a Startup Profits Daily issue? Email me at AskKevin@SevenFigurePublishing.com. Stay in touch. I’d love to hear from you.
Sent from a Shark,