I know several people that only really made it big when they were in their 50's. I think for the most part those are relatively conservative businesses, not billion dollar affair from 'winner takes all' bets, but simply identifying a niche, building a product and then selling the hell out of it. (and with not billions I mean earning several million annually before taxes, which I think is pretty good by any standard).
The businesses that you start when you're 20-30, 30-40 or 40-50 in many ways reflect the amount of energy and the knowledge that you've gathered over the years.
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I know several people that only really made it big when they were in their 50's. I think for the most part those are relatively conservative businesses, not billion dollar affair from 'winner takes all' bets, but simply identifying a niche, building a product and then selling the hell out of it. (and with not billions I mean earning several million annually before taxes, which I think is pretty good by any standard).
The businesses that you start when you're 20-30, 30-40 or 40-50 in many ways reflect the amount of energy and the knowledge that you've gathered over the years.