Is It Ever Too Late To Start A Business?
Is It Ever Too Late To Start A Business?
I believe purpose-driven business owners make this world a better place by creating impactful and transformational products and services that serve and solve their customers’ problems and help them live better lives.
Is it ever too late for someone to start a business?
No, It is never too late for you to start a business. If you are breathing and alive then this is a perfect time for you to start your purpose-driven business.
It does not matter whether you are 40, 50, 60 or 70 years or older or younger.
If you have a desire to start a business then you have to trust that you are capable and have the wisdom and what it takes within you to start your business.
Serve the people you are meant to serve with your unique gifts, natural talents, and skills.
Let’s discuss other reasons why it is never too late for you to start a business next.
Reasons Why It Is Never Too Late To Start A Business
Here are some reasons to further convince you that it is never too late for you to start a business and achieve success.
Infinite Being
Always remember that you are an infinite being. Your age should never determine what you do and who you are.
Your true essence, which is your soul, is ageless and formless. It is eternal and will continue to exist beyond your time on this earth.
Role Models
If you take the time to look around, you will see plenty of people as proof and examples who started their businesses much later in life.
Colonel Sanders of Kentucky Fried Chicken started his business at 65. Many people have been able to enjoy his delicious chicken recipe.
Louise Hays did not start her company, Hay House until she was in her fifties. Her company has made a big impact and transformed many people’s lives.
Know What You Love
You probably have had a lot of experience with different types of work and know what type of work you are passionate about, love doing, and what kind of business would give you joy and light you up that you can start.
Passion is very important to help you to keep going in any business start-up venture.
Experience
You have lots of talent, knowledge, credentials, education, experiences, challenges, and problems that you have solved for yourself which you can now use to teach and help others and start your purpose-driven business.
You would have many business models as an option due to your vast knowledge base.
You may have experienced previous economic downturns or other challenging situations in the past and be better equipped to deal with the future ones.
Network
You have probably met a lot of people throughout your life and have excess to a network of people who can become your customers or assist you with resources should you require any.
Given your high chances of success, you are better able to convince your network who are of similar age as you and have money to invest their capital in your venture.
Financial Security
At this stage of your life, you are probably an empty nester, fulfilled and paid your big financial obligations like mortgage, children’s education, etc and have funds available to invest in a business.
Vision
You probably have a vision for your life and are used to setting yearly goals to fulfill this vision.
You can now use this important skill to set a vision and goals for your purpose-driven business too.
Not Scared To Fail
You have probably experienced some failures in life by now and are no longer scared to experience failures.
You know that there is no failure per se, just lessons and results.
Self Confidence
It is probably easier at this stage of your life for you to make decisions confidently. You have the wisdom and experiences to help you do the same.
Self-confidence will help you make intelligent decisions in your business venture.
Emotional Stability
As an older person, you will be able to demonstrate emotional resilience and toughness in comparison to someone younger.
As you venture on this path, you will experience an emotional roller coaster and many ups and downs.
How To Start A Business
Chart your own path, answer your soul’s calling, and discover and fulfill your purpose. Here are few steps you should consider as you begin this journey.
Belief
Believe in yourself and what you are capable of doing. Remember you are an infinite being who is capable of anything. Your life has infinite possibilities.
Excuses
Stop making excuses, start your purpose-driven business and trust the universal guidance available to you from your creator.
Let go of any beliefs and thoughts that do not serve you.
Always Remember your beliefs create your thoughts that make you feel a certain way, which determines your behaviour, actions, and habits that you form which then creates your destiny.
Commit
Commit to your purpose and start taking courageous actions towards building your business.
Have faith and stay connected to your creator for ongoing guidance.
Purpose (Dharma)
Take some time to discover your purpose. The purpose of every human being is to grow and serve others.
How you serve depends on your unique god given gift and personal calling encoded in you from birth.
Values
Determine what your top core values are so that you can derive your company vision and mission that is in alignment with these.
Who
Decide on an audience you are passionate about helping. This person is often a younger version of you or someone who is in a similar situation as you once were and beginning a new journey.
Problem
Choose a problem that lights you up that you can help others solve given your knowledge and experience.
Best Business Model
Decide what business model you like to use to provide your service or product. You can open a physical brick-and-mortar store, start an online business, etc.
There are pros and cons to different models. Investigate and decide which model suits you best.
In conclusion, you are never too late to start your purpose-driven business. As long as you are breathing, you can serve others and start your business.
As discussed, there are several advantages to starting a business at a later age. Start taking the steps we discussed to start your business today.
Download the 3 secrets which will help you get going on this path.
