No Age Limit
The time is always TODAY. It’s never too late to start something new, learn new skill, start a new business or pursue a dream. Age is just a state of mind. We know the fact that it’s hard to get into something new when you’ve been doing the similar old thing for so long.
Well, the good news is, you’re not trapped. A 27 year old with less experience, can get start a business or investment at age 24 – someone at age 45, or 60, with more life and work experience, can certainly do it. It just takes creating an action plan for yourself – and not being defined by your age. Age is just a state of mind.
One of the most famous is Colonel Sanders, the founder of Kentucky Fried Chicken (KFC). He used his retirement money to launch one of the world’s largest fast food chains.
While Ford is today known for his groundbreaking assembly line and American-made cars, he wasn’t an instant success. In fact, his early businesses failed and left him broke five times before he founded the successful Ford Motor Company.
Eventually, no matter what your age, there is no substitute for a brilliant idea. Passion, determination, hard work and a great concept – these are the things we should invest in. After all, age is just a number.
There are many advantages to starting a business or investment at older age:
•Greater expertise. Older entrepreneurs have a number of competitive advantages. They’re knowledgeable in their field have a massive experience that can only be acquired by decades of actual practice.
•More Funds. It is more likely that retiring employees, aside from their retirement benefits have accumulated funds and savings besides your retirement benefits. This is very useful since the more cash you have, the more business and investment options you can pursue.
•Wider network. Those who have been around longer are likely to have a bigger network because in business, the key to getting a sale depends more on who you know than what you know.
•More settled attitude. People, as they get older, have a better judgment of people and life in general. It enables him to have wiser decisions and manage people and situations more effectively and efficiently.
To attain business goals you must select businesses that are less physically strenuous. Businesses that demand long hours frequently or those that involve physically tiring tasks should be avoided. However, if the business is ideal for your skills and experience, you would be starting at a great competitive edge. Build your network and try to sustain good relationship with everyone you are in contact with. There’s a season for everything. Never abandon your dream of running your own business or having an investment no matter what your age is.
If you want to learn more about investment and business, check out our books in our shop!
May your dreams come true