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I would like to know what people think of the following two points: 1) Is it best to be young as you tend to have fewer commitments etc? 2) Having little or no money, or being frugal is good. Keeps you focused!
I fail on the first point, but I am a winner on the second!
What do you think? Should I go for it anyway?
Removing the word "fail" from you vocabulary have much more to do with it than you think.
Go for it!
Sure, being younger allows for more time, but I'd imagine being that age has given you some maturity in handling finances, emotions, etc. I'm sure you'll have to make some sacrifices seeing that you have many commitments and responsibilities, but if it's something you truly want to do, go for it.
At the very least, you'll enjoy the ride, and when things get tough, you'll have your wife and children to find happiness in. And if you're successful, great. Either way, it'll be a journey that I'm sure you wouldn't want to regret never taking down the line.
I am not trying to be rude, overly simple, or anything else that may be viewed as a negative response. I am simply trying to clear away all of the clutter.
Age, marital status, and personal situation have much less to do with it than you may think. Removing the word "fail" from you vocabulary have much more to do with it than you think. Go for it!
I have to say, I think you are correct.
Fear of failure is HUGE.
Imagine if I had a fear of failure.... what could be the outcome?
1) Leave current job (it pays the bills etc.) 2) Start new venture 3) Fail! (I have deliberately shortcut the possible reasons - so bear with me!) 4) No money comes in.... 5) Can't pay bills..... 6) Lose home etc etc
I believe the people who study this type of thought process would call it the Domesday scenario!
I guess success would be called the 'Google scenario'!?
I can't remove the word fail from my vocabulary - just try and make succeed more likely - how?
That said, I wish I had pursued this 20 years ago when I had more time, energy, and freedom -- but I guess I wasn't ready then.
I respond with a simple question: Are you alive? I am not trying to be rude, overly simple, or anything else that may be viewed as a negative response. I am simply trying to clear away all of the clutter.
Could you expand/clarify a little?
I hope so. I'm in the same boat (plus a couple years) and have my sights set on doing a startup as well. That said, I wish I had pursued this 20 years ago when I had more time, energy, and freedom -- but I guess I wasn't ready then.
Can I ask what you are doing about it?
I respond with a simple question: Are you alive? I am not trying to be rude, overly simple, or anything else that may be viewed as a negative response. I am simply trying to clear away all of the clutter.
Yes - I believe I am! Could you expand/clarify a little?
EDIT: What I am trying to get is across is this--the only thing that would be stopping you is you. Who cares if you are beyond are a certain age?
If you want more motivation, look on the web for older people who started businesses.