When is the best time in life to start a business? There’s no “right” answer to this question, of course — every entrepreneur’s experience is different. But based on the seeming abundance of 20-something Silicon Valley startup founders, it’s easy to think that the younger you are, the better off your business will be.
By that same logic, it’s also easy to assume that entrepreneurs who are approaching retirement age may be too out-of-touch with current technology and culture to succeed in the business world. On the other hand, many founders who started their business after age 50 say their decades of experience have been their greatest advantage.
If you’re an older aspiring business owner, don’t assume you missed your chance at entrepreneurial success. Here’s why it pays to jump into the startup game later, and what you can do to make your business flourish.
Dispatches From The Front 