When am I "too old" to Start a Startup?

Startup Therapy

In today’s episode of Startup Therapy Podcast, Wil and Ryan talk about when it’s too late to launch a Startup. How gained experience equips founders to get through Startup challenges, the liabilities and the stakes involved when founders start late, why our 20’s is the golden decade to test and fail.

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Resources:

  • https://www.startups.com/begin

What to Listen For

  • 00:00 Intro
  • 00:22 When is it too late to launch a Startup?
  • 04:42 Deciding an end-point to your career
  • 07:20 Our 20’s is a one-time get-out-of-jail free card
  • 11:55 Gained experiences in building a Startup is the baseline of future endeavors
  • 18:20 Missing important family moments
  • 22:49 Mishaps will happen but the experience will get you through
  • 25:09 Understanding the consequences of knowing the pattern from start to finish
  • 28:45 You’re less employable at your peak age
  • 31:47 Not all founders started at their 20’s
  • 34:44 Starting in your 40’s is the most challenging times
  • 37:00 50’s is the most expensive stage for founders
  • 41:58 One of the challenges is, if not now, when?
  • 43:09 Why young founders pivot so much
  • 45:45 Passion and mastery produces different outcomes

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