10 reasons you should start a startup before turning 25
techiteasy.org
techiteasy.org
If you can't start a startup for whatever reason, put yourself in the position to start a startup before starting a startup -- you might not be able to control some things, but start with the things you can control.
Rose Blumkin started her second business that competed with Warren Buffet, at age 98, after selling the first one to Warren Buffet.
It's all in your head my friend, start there and remember, you only have to get it right once.
And, finally, a quote I read from Marc Andreessen "Take acute pain now in order to avoid years of chronic pain."
But I definitely agree with you in the 'you only have to get it right once'. You can make 1000 mistakes that don't really have too much of a negative impact on your life, but the one really good move you make could make your startup a success.
http://www.thewavemag.com/pagegen.php?pagename=article&a...
Of course, maybe I'm totally missing something.
He's describing things that people of older age usually have. Kids, family, mortgage, car payments, college savings, taxes. Let's not kid ourselves at thinking when you turn 30, 40, 50, or 60, you have the equal same amount of spark and vitality as you did when you're 20.
There's a reason why it's called risky.
For example, the highest prize in Mathematics is the Fields medal, awarded every 4 years to the most outstanding mathematician under 40. Only once was there a problem with the age limit as all the important work in mathematics is done by young minds, anyway. The almost exception, by the way, was 41.
Yea, this is the tough part. I've done almost everything I could think of with my personal life to maximize my startup's chances of success. Diet, exercise, sleeping, time spent with family, adjusting work schedule, leveraging technology, etc., etc.,etc.
Now all I have to do is build the thing.
These 10 reasons are good at any age.
(Reminds me of the story of the 40 year old woman who was reluctant to go to medical school because she'd be 48 by the time she could open her own practice. Until someone asked her how old she'd be in 8 years if she DIDN'T go. She went.)
"Your cost of failure is zero, not to say negative." -- no. Opportunity cost: enormous. But I guess this is where he invokes "Ignorance is bliss."
I get there is less risk before having a family and such, but I think it is pretty hard all the time, and always a good idea if it is really well suited to who you are.
I better get my act together and launch something!