Three qualities of successful middle-aged entrepreneurs

1. They learn to learn from failure
Fear of failure is one of the things that hold many people back from starting their own business. As you get older, you realize that you cannot avoid failure—we make mistakes! Instead, if you want to be successful, you learn to live with failure, to understand the lessons it teaches you, and to be that much better the next time. For most people, this is something that can be only learned with age. Most successful entrepreneurs and business owners will tell you that failure and the lessons they’ve learned from it has been a major factor in preparing for their present success.

2. They are more focused
When you’re younger the world is so wide open that it can sometimes be hard to know exactly what you want and to focus on going after it. This is not a bad thing, as many younger people have extreme amounts of energy and passion for multiple things and projects until they find something that sticks. But there is a distinct advantage to coming into your own, to knowing what you want and what you have to do to get it.

3. We were more comfortable with others and ourselves
Being a successful business owner takes great skill in selling, speaking, and leading others. These are skills that can only be developed over time, even if you have some amazing natural talent. Going back to learning from failures, one of the biggest things you learn is how to better sell, better speak, and better lead. Because you’ll make a lot of mistakes in those areas along the way!
This is not to say that young people can’t start and run great companies. Many do, and I hope more do! But the reality is that people in their middle ages and beyond do bring a unique perspective to the entrepreneurial table, and they can be just as successful as their younger counterparts. All you have to do is start.
To people who think their best days have sailed past them, I say, there is never a bad day to start realizing your dreams. It is never too late to be who you want to be and do what you want to do.

VISIT:
www.entrepreneurs.com.ng

Not taking a risk is more dangerous.

Jaraworldsms:
Not taking a risk is more dangerous.

Same as fear of failure: point 1.
Nice write-up OP. Learnt a thing or two. Thanks.

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