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HOT TOPIC Let’s be real: If you're over 35, you don't have a chance.

The Real Q

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Jul 25, 2019
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Let’s be real, can you make it when your past 35? Now I KNOW what more then the majority of this site will say. “Of course you can! There are so many examples! You can do anything you set your mind to!”

The reality is that one’s youth is HIGHLY HIGHLY influential in the direction of one’s life. Take a guy who got bullied since pre school. He will grow up thinking he is unlovable. This will cause him to not try in anything. This will then further reinforce his low value even further creating a downward spiral. Can he fix this? Of course. And many have. But some won’t. And those that didn’t receive that negative feedback will have a major advantage.

The same with any skill. If you are 6’7 and want to join the NBA at 31 you have no shot. The guy who was 6’7 and wanted to join the NBA since 7 will outclass you 10000%.

I think the same could be with entrepreneurship or with anything. The younger you are the more positive reference experience you will get which will further reinforce your level of output and energy to get the result. The upward spiral of awesomeness. The opposite holds true as well.

Let’s be honest. How many that start (key word start) at 35 actually make it?
Let's be Realer...statements like this show us you are probably young and very inexperienced. Try your best not to alienate others!
 

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Taebaek

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Let’s be real, can you make it when your past 35? Now I KNOW what more then the majority of this site will say. “Of course you can! There are so many examples! You can do anything you set your mind to!”

The reality is that one’s youth is HIGHLY HIGHLY influential in the direction of one’s life. Take a guy who got bullied since pre school. He will grow up thinking he is unlovable. This will cause him to not try in anything. This will then further reinforce his low value even further creating a downward spiral. Can he fix this? Of course. And many have. But some won’t. And those that didn’t receive that negative feedback will have a major advantage.

The same with any skill. If you are 6’7 and want to join the NBA at 31 you have no shot. The guy who was 6’7 and wanted to join the NBA since 7 will outclass you 10000%.

I think the same could be with entrepreneurship or with anything. The younger you are the more positive reference experience you will get which will further reinforce your level of output and energy to get the result. The upward spiral of awesomeness. The opposite holds true as well.

Let’s be honest. How many that start (key word start) at 35 actually make it?
Sounds like a huge excuse for staying on the couch?
Beside all the psychological stuff in that statement: you say, that MJ writes bullshit, so why should a person at that age not be able to create massive wealth, when it is - absolutely realistic - possible to do it within 5 years?
So in my opinion the average and mediocre guy on the slowlane or sidewalk, who ignores realistic perspectives, will never do it. The one guy who realized he has to change on to the fastlane will do it at any age, as long as he does it smart and puts all the effort into the right direction.
 

arillera

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Aug 6, 2011
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1. Donald Fisher co-founded Gap at 41
2. Lynda Weinman co-founded Lynda.com at 40
3. Herbert Boyer co-founded Genentech at 40
4. Bob Parsons started GoDaddy at 47
5. Chip Wilson began Lululemon at 42
6. Charles Ranlett Flint launched IBM at 61
7. Thomas Siebel co-founded Siebel Systems at 41
8. Bernie Marcus co-founded Home Depot at 50
9. Bill Porter started E*Trade at 54
10. Robert Noyce co-founded Intel at 41

Let's not forget Sam Walton opened the first Walmart at 44.
Colonel Sanders started KFC at 65.

So many others, just Google it.

And This: Proof That The Most Successful Entrepreneurs Are Older Ones
 

LittleWolfie

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Jun 28, 2018
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My perception is you can afford to dream big and take more risk when you are in the 20s.
My perception is that the more wealth you have (be it by money or network) the more risk you can take regardless of age. (If you have 2 houses,losing 1 is no big deal, if you lose your only house your homeless) or perhaps you have a network that lets you couchsurf for free allowing you to take a greater risk.

The more risks you take the greater the chance of outlandish success

I susspect the fact that most Euroepan morgates and busienss loans are full recourse, is a signifcant damper on entrpearunial activity

1. Donald Fisher co-founded Gap at 41

After he started his own business renovating hotels and bought the Capitol Park Hotel in Sacramento fortuitously leasing some retail space to Levi Strauss & Co. which opened a showroom

2. Lynda Weinman co-founded Lynda.com at 40
After Weinman was co-founder with her husband, Bruce Heavin, of the Ojai Digital Arts Center
3. Herbert Boyer co-founded Genentech at 40
4. Bob Parsons started GoDaddy at 47
I've always been making my own money."[12]
5. Chip Wilson began Lululemon at 42
After Wilson founded his first retail apparel company, Westbeach Snowboard Ltd
6. Charles Ranlett Flint launched IBM at 61
After , he consolidated several companies to form U.S. Rubber, He purchased Esmeralda from Chilean Navy and delivered it via Ecuador to Japan during the First Sino-Japanese War.[6] In 1899 he repeated the same with Adams Chewing Gum, Chiclets, Dentyne, and Beemans to form American Chicle. He was also responsible for the formation of American Woolen in 1899.
7. Thomas Siebel co-founded Siebel Systems at 41
After Siebel served as chief executive officer of Gain Technology
8. Bernie Marcus co-founded Home Depot at 50
After CEO of Handy Dan Improvement Centers
9. Bill Porter started E*Trade at 54
10. Robert Noyce co-founded Intel at 41
fairchild came first

Let's not forget Sam Walton opened the first Walmart at 44.
Walton took over management of his first variety store at the age of 26
Colonel Sanders started KFC at 65.
In 1920, Sanders established a ferry boat company, which operated a boat on the Ohio River between Jeffersonville and Louisville

I only spent 10 minutes on wikipedia,and all of them other than Herbet Boyer are quite cleary establishing companies before the age you give. Their big success might come later, but they have already been trying.

I suppose the older you are, the more shots you have, the more shots the more likley one will be a success.
 

ishaan

New Contributor
Aug 4, 2019
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Let’s be real, can you make it when your past 35? Now I KNOW what more then the majority of this site will say. “Of course you can! There are so many examples! You can do anything you set your mind to!”

The reality is that one’s youth is HIGHLY HIGHLY influential in the direction of one’s life. Take a guy who got bullied since pre school. He will grow up thinking he is unlovable. This will cause him to not try in anything. This will then further reinforce his low value even further creating a downward spiral. Can he fix this? Of course. And many have. But some won’t. And those that didn’t receive that negative feedback will have a major advantage.

The same with any skill. If you are 6’7 and want to join the NBA at 31 you have no shot. The guy who was 6’7 and wanted to join the NBA since 7 will outclass you 10000%.

I think the same could be with entrepreneurship or with anything. The younger you are the more positive reference experience you will get which will further reinforce your level of output and energy to get the result. The upward spiral of awesomeness. The opposite holds true as well.

Let’s be honest. How many that start (key word start) at 35 actually make it?
Good thing entrepreneurship is not the NBA, it doesn't need physical qualities for one to be a successful entrepreneur. Surely it also does not discriminate when it comes to age. There are a lot of people who became successful or at least made their life comfortable even when they started "late" (according to your definition). Your age should be the least if not a factor at all to determine whether you will be successful or not. Change of mindset, grit, perseverance and cash flow (of course) is what will determine your success, not age.
 

Leoto

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Sorry for reviving this old thread, but I had to throw in my 2c when I saw the thread title.

What's funny about the title is that I quit my full-time job and started my own business in 2010, at EXACTLY age 35. I started my own consulting practice at age 35, dabbled a little as an Amazon seller at age 38 (didn't last...it wasn't for me), started a martial arts studio 2 years ago at age 42, and am currently working on a healthcare-related technology business.

And I completely disagree with the original post. Had I started in my 20s, it would have been much more of a struggle, probably to a point where I would have gotten discouraged and stopped. My 35-year-old self outclassed my 25-year-old self in every possible way by a tenfold margin.

The skillsets and professional network that I gained being full-time employed at a management consulting firm in my late 20s and early 30s was essential to my success in my subsequent entrepreneurial ventures. Let alone the fact that I had so much more capital and credit in my 30s than in my 20s.

So please stop with that "you don't have a chance" nonsense.
 

ChrisV

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Sorry for reviving this old thread, but I had to throw in my 2c when I saw the thread title.
I hate you so much right now.
 

Alix H

PARKED
Nov 5, 2017
1
0
3
37
London UK
Let’s be real, can you make it when your past 35? Now I KNOW what more then the majority of this site will say. “Of course you can! There are so many examples! You can do anything you set your mind to!”

The reality is that one’s youth is HIGHLY HIGHLY influential in the direction of one’s life. Take a guy who got bullied since pre school. He will grow up thinking he is unlovable. This will cause him to not try in anything. This will then further reinforce his low value even further creating a downward spiral. Can he fix this? Of course. And many have. But some won’t. And those that didn’t receive that negative feedback will have a major advantage.

The same with any skill. If you are 6’7 and want to join the NBA at 31 you have no shot. The guy who was 6’7 and wanted to join the NBA since 7 will outclass you 10000%.

I think the same could be with entrepreneurship or with anything. The younger you are the more positive reference experience you will get which will further reinforce your level of output and energy to get the result. The upward spiral of awesomeness. The opposite holds true as well.

Let’s be honest. How many that start (key word start) at 35 actually make it?
I thought this was a place for positive encouragement and support of each other, not a place to tell others they will never make it because they are too old!
 

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MMJJ

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Dec 16, 2017
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To begin with "Making It" is a combination of few things - although success is in the Gray area and difficult to pre map. People usually don't reveal or talk in open about, their behind the door relationships, the leverages - rich spouse, friends or any other connections which were leveraged to their success. In general - a willingness to work hard, long hours, personable personality, a wide circle of network, ability or instinct to identify people and opportunities, risk-taking personality, ability to fall and get up fast are some basic traits which can increase your probability of success at any age.
 

Kevin88660

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To begin with "Making It" is a combination of few things - although success is in the Gray area and difficult to pre map. People usually don't reveal or talk in open about, their behind the door relationships, the leverages - rich spouse, friends or any other connections which were leveraged to their success. In general - a willingness to work hard, long hours, personable personality, a wide circle of network, ability or instinct to identify people and opportunities, risk-taking personality, ability to fall and get up fast are some basic traits which can increase your probability of success at any age.
Absolutely. People forget that Trump is a third generation business tycoon.

He is working his a$$ off now in politics so that Ivanka Trump can be the future president. Trying to create another Bush like dynasty by himself.
 

Magicdave

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Dec 3, 2018
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This thread is a joke. Age is a number. You need to keep your limiting beliefs to yourself. There are so many options for those who are any age.
 

M+S

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Apr 11, 2017
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BS.
!
But you can find thousands of examples online.
Martha Stewart at 50
Sam Walton of Walmart at 44
Leonardo Del Vecchio (Luxottica, the biggest eywear group on the world) at 49
JK Rowling (Harry Potter) at 43
Jon Koum (WhatsApp) 36
And you can spend days with examples

Winston Churchill, Einstein, Lincoln a after 50

You gotta read more books,.your.mind is closed
 

KAA

New Contributor
Aug 6, 2018
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Virginia, USA
I believe you can be successful at any age. There are too many examples of people having entrepreneurial success at 35+. However, I believe it would be much easier to achieve earlier in life before marriage, kids and financial obligations have entered the picture. I would encourage people to become entrepreneurs as early in life as possible.
 

ScrapperG

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Aug 19, 2019
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Why not jump in and do it regardless of your age? What's the downside, you miss hours of Netflix binging or social media cat videos? Pursuing a passion to fill a need is rewarding, inspiring and can give your life meaning. You can teach your kids and grandkids about passion and persistence which is an incredible gift. Even if you don't become financially independent, you're engaging in life and making a contribution to the world. I would think that it also helps keep you young. At 35, if you've been working at a slowlane job for 15 years, you've still got another 20+ years of that in your future if you stay in the slowlane. Your not even halfway through that path. I've been on that path for more years than that (now 51 years old) and I've enjoyed the slowlane definition of success. Speaking from experience, even as the top executive of someone else's business, you can lose your job in a day, decisions can be made that affect your income that you can't control and at the end of the day the majority of your hard work's financial rewards are reaped by someone else. I've got at least 30 more years to live and I don't want to live like that anymore. My blinker is on and I'm heading into the Fastlane. All the years I've worked for someone else have given me valuable knowledge and experience that will power my business into success. And that's an asset 20-something's don't have yet. Stay tuned, it'll be fun to prove it!
 

ScrapperG

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I think there is a definite correlation between age and how likely you are to make it, but I wouldn't say 35 is completely past it though.

I think the peak years where you're most likely to do well is between 23 and 33.

The thing that younger people have over older people is that they don't have as many financial expenses or responsibilities such as a family to look after or a mortgage to pay, so they can take the risks that are required to succeed. You also don't have as many social pressures to be making money right away and lower expectations from everyone in general because if you're living with your parents at 25, it doesn't matter- Whereas at 45 it gets abit more embarrassing.

However, the thing that you gain as you get older is usually a better understanding/knowledge of everything, so that puts you at an advantage.

That's why I think those 10 years are key because you've had enough time to figure things out from the sidelines or atleast have some sort of a clue, but you also have very few responsibilities, so it's an ideal time to take a few risks and make it.

That doesn't mean you're F*cked when you're out of these years though, I just think the likelihood of you doing anything significant drops abit because you now have 10 times the risk both financially and socially. Those years are the years when you want to ideally be starting, but if you didn't, then the best time is today!

The thing I don't understand about people who finally start the game of entrepreneurship at like 45 is "What have you been doing all these years?". Surely if you were really interested in entrepreneurship, you would have been doing it by the time you're 30? I've been buying and selling random stuff on eBay ect since the age of 17 and straight out of university I knew I wanted to have my own business, so set one up a year later.

So I think you've got to question your passion and genuine interest in all this if you've done nothing by the time you're 50 surely? Maybe you're just not an entrepreneur and just like the idea of being one and therefore will probably fail?

Maybe I'm over simplifying things and if I knew the actual story of people I'd understand more, but I dunno!
Maybe they didn't realize they'd been fed a load of bull from the script. Maybe they've reached the top of the slowlane and find out it's still nowhere. Or maybe it's just my midlife crisis, i.e. what have I done with my life, is this all there is?
 

MoneyHacker

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I'm new to the forum and i'm lost right now. WTF is this thread.
 

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