Tuesday, September 18, 2018

Starting A Business At 60 Is Surely An Advantage

By Ronald Murphy


Nowadays, with the fruits of advancements in technology in the medical field and by inculcating to the minds of human beings the essence of having a healthy lifestyle, human beings are less likely to experience brevity in life. After working in a company for many years and a life pleasing bosses, working people would like to retire with a livelihood that they can be their own bosses. Starting a business at 60 has disadvantages and advantages, however, it may equate in having a profitable business since an older person means a wiser person.

Today, people who are 60 or over it are even healthier than those who are younger than them. This is because those who are 60 or over have lived lives that is not dependent on the comforts given by the technological advancements. Therefore, such individuals, during their younger years, worked hard more and made use of their physical ability, unlike the succeeding generations who rely on the ability of the machines.

Since they are physically able, they can still be competitive against the youth. Despite their age, they can still comprehend the complexity of innovations, and therefore, can have full utilization of gadgets the same as the youth has. Armed with their wisdom and with the gadgets, they can surely have a company that is very competitive.

With their years and years of experience, they are able to start a business while mitigating risks. Since they have a long experience how an industry works, they would know what applications are needed to start a company that can define the success of the company. They would know if an investment is worth their money or not.

With the passage of time, individuals will surely meet a lot of people. This will result in having a huge number of contacts, when they reach their primes. These contacts will surely provide them assistance during the startup or can become their loyal customers. With these contacts, the elders will have a marketing solution, through word of mouth, which is vital in keeping a business that is competitive.

One cannot prevent to deal with disappointments as life goes by. Therefore, older people, when deciding to put up a business, will have the mental fortitude in dealing with disappointments. Since it cannot be also prevented to have disappointments in the startup, older people will always be resilient whenever a disapointment is troubling them.

Moreover, they would know how to deal with persons whatever age they are in and whatever their status in life is. Since older people have gone through the emotional storm in a particular age, they are able to understand the needs of their customers deeper. Therefore, they will surely satisfy each customer since their businesses will surely be delivering services and products according to the preference of each customer.

Additionally, after being trapped inside their work cubicles, older individuals will surely fulfill their longings with rigorous passion. They will handle their companies not only as their source of income, but as catharsis of their inner passion. Therefore, they will be striving in giving consumers happiness rather than having monetary benefits from consumers.

People in old age should never stop learning to keep their minds sharp. For having an active lifestyle, will surely mitigate health risks since during that age they are more prone to sickness. Therefore, if you are 60 or over, do not be discouraged about how your body is deteriorating, because surely, your mind is still as healthy as the younger ones.




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