This is one area I know people struggle a lot with, for some it takes a whole life time, for others it takes long years, and for a few it isn’t too much of a struggle and this area is STARTING A BUSINESS
A lot of people are so scared to take that giant stride by leaving a paying job to start a new business with so much uncertainty, so they ought for a comfort zone with the consolation; a Bird at hand is worth millions in the bush.
Most successful founders and entrepreneurs are of the middle age bracket according to a study even in the tech industry.
A research compiled a list of 2.7 million company founders who have at least one employer working for them between the years 2007 and 2014 and found that the average startup founder was 45 years old when they decided to leave their comfort zone and started a Tech comapany
Without missing terms completely, a 50-year-old entrepreneur was almost twice as likely to start an extremely successful company as a 30-year-old. (Or, for that matter, a successful side hustle).
As a ripple effect, a 60-year-old startup founder was three times as likely to found a successful startup as a 30-year-old startup founder – and was 1.7 times as likely to found a startup that winds up in the top 0.1 percent of all companies.
You’ve done everything right and correctly But your business doesn’t seem successful, what do you do? According to Steve Jobs, there’s a broader reason to take the entrepreneurial plunge, even if you “only” dip a toe in the side hustle waters. (His use of the pronoun “one” is distracting, so I’ve substituted “you”).
While Jobs refers to consultants, the premise definitely applies to being an employee:
I think that without owning something – over an extended period of time, like a few years – where you have the chance to take responsibility for your recommendations, where you have to see your recommendations through all action stages and accumulate scar tissue for the mistakes and pick yourself up off the ground and dust yourself off, you learn a fraction of what you can.
Coming in and making recommendations and not owning the results, not owning the implications, (provides) a fraction of the value and a fraction of the opportunity to learn to be better.
Without the experience of actually doing it, you never get three-dimensional.
And you will never care as much about what you do.
I worked for a Fortune 500 company for nearly 20 years. I was dedicated; over the years I worked hundreds of hours of unpaid overtime. I was committed; I agreed to take on assignments that I knew might derail opportunities for advancement.
But I was never as dedicated, or committed or engaged as I felt when I started doing freelance writing jobs in my “free” time at night and on weekends. Or when I decided to turn my side hustle (even though that term hadn’t been coined yet) into my occupation.
And Jobs was right: I’ve learned a lot more – about business, about people, about life and about myself – in the last 20 years than I did in those first 20 years working for someone else.
Start a business or a side hustle and you’re free to chart your own course. To make your own decisions. To make your own mistakes.
To learn from those decisions and mistakes.
If you do you are adding another dimension to your skills, your personality and your life.
It is never too late to start, no matter your age you just need to put in a little more effort, carry your business wherever you go preach it as much as you can and drive home those results overtime.