Too old?

[Tattman]

I've tried all the ususal stuff since my twenties.
Building a bricks and mortar business, online shops, money lending, stocks and shares, selling cheap crap from China on Amazon the list goes on.
I've failed at them all, and after a while wallowing in my own misery I've awakened again.
BUT.
I'm 50 next.
Am I too old?

 

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[Practic]

I've tried all the ususal stuff since my twenties.
Building a bricks and mortar business, online shops, money lending, stocks and shares, selling cheap crap from China on Amazon the list goes on.
I've failed at them all, and after a while wallowing in my own misery I've awakened again.
BUT.
I'm 50 next.
Am I too old?

There are many examples in history, when people started in 60s and succeeded. For example see Colonel Sanders story who received over 1,000 rejections before selling his recipes of fried chicken. He started late in life, around 60.

Kentucky∼Fried

William Whitworth’s 1970 profile of Colonel Harland Sanders, the founder of Kentucky Fried Chicken. “A perfectionist in an imperfect world, he dreams of fried chicken so golden and delicious that it will bring tears to the eyes of a grown man.”

www.newyorker.com

Here is a quote from

Older Founders: 5 Reasons Why 50-Something Entrepreneurs Are More Successful

By Ellen Kocher (and Dominique Ben Dhaou) We were over 50 when we caught the entrepreneurial bug. Dominique ditching the C-suite to start a company and me quitting my job in finance to become my own boss.

www.linkedin.com

"Look no further than three-star Michelin chef, Helene Darroze, HuffPost founder Arianna Huffington, Coca-Cola inventor John Stith Pemberton and McDonald’s Ray Kroc. Each created a successful business after 50. "

 

[Get Right]

I've tried all the ususal stuff since my twenties.
Building a bricks and mortar business, online shops, money lending, stocks and shares, selling cheap crap from China on Amazon the list goes on.
I've failed at them all, and after a while wallowing in my own misery I've awakened again.
BUT.
I'm 50 next.
Am I too old?

So, what if idea #6 (or whatever) works? FYI, mine was business #7 or 8 or something.

 

[BizyDad]

I've tried all the ususal stuff since my twenties.
Building a bricks and mortar business, online shops, money lending, stocks and shares, selling cheap crap from China on Amazon the list goes on.
I've failed at them all, and after a while wallowing in my own misery I've awakened again.
BUT.
I'm 50 next.
Am I too old?

Are you? Only you can answer that.

 

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[Droopynips]

I've tried all the ususal stuff since my twenties.
Building a bricks and mortar business, online shops, money lending, stocks and shares, selling cheap crap from China on Amazon the list goes on.
I've failed at them all, and after a while wallowing in my own misery I've awakened again.
BUT.
I'm 50 next.
Am I too old?

if anything your too young to have that mindset, its all mental, its not how much fight is in the dog, its how much dog is in the fight, get out there and dont stop til your dead

 

[fastlane_dad]

I've tried all the ususal stuff since my twenties.
Building a bricks and mortar business, online shops, money lending, stocks and shares, selling cheap crap from China on Amazon the list goes on.
I've failed at them all, and after a while wallowing in my own misery I've awakened again.

What does that mean 'failed them all'.

You've been doing this for 30+ years surely there's some lessons you've picked up on, or were able to iterate to do more successfully?

What's your definition of success?

BUT.
I'm 50 next.
Am I too old?

I'm not sure if you read any of @MJ DeMarco books, but providing VALUE , and solving people's problems has nothing to do with you (especially your age), it has everything to do with them.

As @Andy Black says - 'Who Have You Helped'.

 

[Antifragile]

I've tried all the ususal stuff since my twenties.
Building a bricks and mortar business, online shops, money lending, stocks and shares, selling cheap crap from China on Amazon the list goes on.
I've failed at them all, and after a while wallowing in my own misery I've awakened again.
BUT.
I'm 50 next.
Am I too old?

Too old for what?

What would you like?

To win top 40 under 40? Yes, too old. Same with playing college football

To make a pot of wealth that even your kids can’t spend (unless they try really hard!) - then not at all.

People overestimate what they can do in 1 year but underestimate what they can achieve in 10.

 

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[Matt Lee]

Am I too old?

Nope. What is that adage? Age is just a number? Sure you might not have the energy like a young guy like me but don't you have something else?

I'm 21. People my age have the excuse of being young, dumb, and broke. You happen to be on the other end so you must have some wisdom and learning experiences. You're on this forum, so you have access to knowledge most people don't. I can see why someone would use being "too young" as an excuse because they haven't tasted enough of life.

But you've been here for more than twice my years. You have many experiences, memories, and wisdom that could very well set you up to be free in the next few years if you choose to. Too late at 50?

My dad smokes and eats most carbohydrates and complains that he is feeling old at 45. I tell him I see 60 years old looking and feeling like greek gods at the gym. I tell him whenever he's ready, he can become just like those guys I see. I'm still waiting for the day he goes to the gym and realizes the lies he tells himself, are just that, lies. They're just self-placed limitations and rational excuses to not even give change a try.

 

[Johnny boy]

Technically no, practically yes. Better luck next time.

 

[Droopynips]

Technically no, practically yes. Better luck next time.

what does that even mean, lame post

 

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[Johnny boy]

what does that even mean, lame post

he is technically not too old but he will probably continue to be the way he has been for the last 30 years.

booo, common sense, boooooo

 

[Droopynips]

he is technically not too old but he will probably continue to be the way he has been for the last 30 years.

booo, common sense, boooooo

I got that part, but the 'better luck next time' sounds douchey just like your follow up post. But as you said that will probably continue to be the way you have always been.

 

[Johnny boy]

I got that part, but the 'better luck next time' sounds douchey just like your follow up post. But as you said that will probably continue to be the way you have always been.

probably

 

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[doster.zach]

I got that part, but the 'better luck next time' sounds douchey just like your follow up post. But as you said that will probably continue to be the way you have always been.

That’s the whole point. There is no next time.

 

[Andy Black]

As @Andy Black says - 'Who Have You Helped'.

Exactly.

Are you too old to help people?

Are you too old to get paid for helping people?

Hint: The market doesn't care about your age. You can't invoice someone because of your age right?


Sooo...

Who will you help this week, even unpaid?

What will you do to make a sale this week?

 

[Kevin88660]

I've tried all the ususal stuff since my twenties.
Building a bricks and mortar business, online shops, money lending, stocks and shares, selling cheap crap from China on Amazon the list goes on.
I've failed at them all, and after a while wallowing in my own misery I've awakened again.
BUT.
I'm 50 next.
Am I too old?

Partner with someone younger so that you can provide the experience and direction while he has the high energy level to hustle daily.

 

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[heavy_industry]

I've tried all the ususal stuff since my twenties.
Building a bricks and mortar business, online shops, money lending, stocks and shares, selling cheap crap from China on Amazon the list goes on.
I've failed at them all, and after a while wallowing in my own misery I've awakened again.

How you do things is more important than what you do.

"Trying the usual stuff" and "selling cheap crap from China" are not exactly indicative of a passionate entrepreneur eager to provide value, but rather someone who is trying to make a quick buck.

Are you too old?
It depends on what are you trying to achieve and how much you are willing to change.

If you repeat the same mistakes and patterns of thinking of the last 30 years, then yes. You were too old since you were in your 20s. You could live the same life for 1000 years and get the same results.

On the other hand, if you are willing to change and learn from your mistakes, you can achieve massive success in a few short years. Regardless if you're 20 or 50 - the market doesn't care about you and how old you are.


PS:
Focus on your health. As long as you are healthy, age is just a number.

Good luck.

 

[Tattman]

Some epic replies there people, a massive thanks.
I clearly need to change my mindset. The passion is there and always has been.

The Great Rat Race Escape has stoked my fire again. I know full well I'm capable.
I think it will help to write down mistakes made in previous attempts, learn by them and find a way to help people. I simply can't and won't keep working the day job until death.

 

[Andy Black]

Some epic replies there people, a massive thanks.
I clearly need to change my mindset. The passion is there and always has been.

The Great Rat Race Escape has stoked my fire again. I know full well I'm capable.
I think it will help to write down mistakes made in previous attempts, learn by them and find a way to help people. I simply can't and won't keep working the day job until death.

Have a look at the first row of links in my signature. They're there to help people get untangled and get going.

 

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[Ing]

Hi Tattman,
I m some years older and yes, we are too old!
Sure I could say, its my foult, because I didn’t get my a$$ up from time to time. Or that I gave up too ealy out of frustration.
But no, I think it’s because we are too old!

This year I started going to the gym after decades of not. But I m too old. My T shirt is old (style), my pants. I don’t want to run around in the gym like a fool. I m too old. So, well, I ll be an old fool in the gym. Doesn’t matter for me.
The last years I tried some „usual „ shit. Means I invested some time and saw no future.

To old. ? Fuxx! Yeas, if you need an excuse, you are too old! But don’t use that EXCUSE towards others, it will only work towards yourself!

If you want a business, take your young a$$ and do it.

PS: I love the comments of @Johnny boy , they are so ironical direct with no bs!

 

[Isaac Odongo]

Think of Colonel Sanders. My current employer is over fifty. He started a great school project and I see he is on the Fastlane Road. 50 is nothing when a person can make millions in 5. I am 26. I feel old. Should have read TMF five years ago. But that's nothing. I have read it now. I have my one thing. The gold is three feet away. Read MJs books man. That should be your next step.