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Over 50 years old

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After all, their broad and deep knowledge, management experience, and large professional networks certainly gives them an edge at that age. Another study by the Founder Institute Over 50 years old that up to approximately the age of 40, businesses were more likely to succeed as their founders age increased, but that this improvement plateaued at A research indicates that a year-old and even a year-old have more innovation potential than a year-old.

So, if you have reached your half century and are thinking of becoming an entrepreneur, here is some inspiration. They were all ordinary people like us but they decided to ditch the typical retirement life or quit their not-so-interesting jobs, build their startup ground up, get product market fit and ultimately be their own boss.

After 22 years in corporate sales and marketing, Jim of Springdale, Ark. After working for 30 years in the optical industry, Randal Smith decided to go into business on his own with a trusted partner, his wife, Janeel.

These two management consultants and accountants by profession are life partners in real life with 5 children and 3 grandchildren. They started a blog in called www.

After a brief spell as a business angel and directorship roles in Edinburgh he realized the only way he was going to enjoy his later years was to return "Over 50 years old" self-employment. He found the business opportunity within his own family.

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