The reason why most people never succeed is simply because they never start. Fear of failure or to lazy are usually the two most popular reasons. However, if you ever had the entrepreneurial bug but never started down the path, here are 7 reasons why you can make that dream come true late in life.
- Knowledge and experience greatly favour you. As a seasoned veteran you bring decades of knowledge, understanding, and skills that you would not have had in your younger years. Things
that the young entrepreneurs have only read about you have lived firsthand. Interpersonal
skills, coaching, mentoring, time management, the list goes on and on. And it is not just what
you know but the depth of how you know it; something money can’t buy. - The best opportunity has finally arrived. Sometimes it takes a while before something so good
finally comes along. If you ever had relationships or other opportunities, you will know the
timing is everything. Things that were not in place before suddenly become available. Things
that were not invented before suddenly get made. I always tell people that sometimes
technology needs to catch up in order for your opportunity to be viable. - To bring in extra Income. Lifestyles change after retirement, bringing in a little extra income to
maintain the same lifestyle is highly beneficial. In your younger years this may have gone to bill
payments, or to support a growing family. Now this extra income can go directly to enjoying life
or to support a spouse’s early retirement. - To support other causes. Perhaps life and money have been good to you. The best way to live a
good life is to give back. Maybe Philanthropist is something you never thought possible.
Starting your business can help your realize that goodness of giving back - You now have the confidence you lacked in your youth. Wisdom is an invaluable tool that often
leads to business success. Simply put, you make better decisions. You are not concerned with
things like trying to please everyone or stepping on people’s toes. These things lead to flawed
decisions which in your youth would have hurt your chances for success. You now have the
wisdom and more importantly the tact to dance through these mine fields that would have been
detrimental to business success. - Time. You now have more free time without the stress of having to juggle career and family.
Focus makes for good business. - Connections. You now have the connections, both financial and networking that you would not
have had 30 years ago. Relationships have always been and will always be the key to business
success.
Later should not be never; do it and do it now. Take your best shot while the wind is at your back. Live the good life.
