It’s Never Too Late to Become an Entrepreneur

It’s Never Too Late to Become an Entrepreneur

Do you dream of being your own boss? Know that it is never too late to be an entrepreneur or business owner- and around 70% of college students report that it is their life’s goal to be their own boss. Don’t let your age or anxieties prevent you from pursuing your own endeavors, businesses, and innovations- you never know what it could become.

Remember, it’s never too late to become an entrepreneur:

People Want to be their Own Boss

The pandemic has made it even more overwhelmingly evident that people want to be their own boss. New businesses are cropping up at a faster rate than in over the past ten years- it is estimated that by 2027, 85 million people will be freelancers- that is over half of the US workforce. We’re at the crest of a massive wave of people taking the leap to become their own boss.

The Workplace is Changing

If Coronavirus taught us nothing it is that the workplace is unpredictable. The shift to working from home during the pandemic gave many the shove necessary to pursue their own businesses. With technology, even those working for others are able to do it virtually, changing the way that people go to work globally.

Age is Just a Number

Do not let age deter you from living your dream; it is estimated that the average entrepreneur is 40 years of age; the median age of startup company CEOs is 45. Plus, some of the most innovative and successful people founded their companies in their 40s. For instance, the founder of activewear giant Lululemon was 42 when he started this company; Sam Walton founded mega-chain Walmart when he was 44 years old.

Identify as an Entrepreneur

Begin to identify as an entrepreneur; the worst thing that you can do is underestimate your endeavors and lose sight of your entrepreneurial spirit. It is possible to be an entrepreneur and not be making money, but the goal should be to make it a profitable pursuit eventually- the sooner, the better!

It is never too late to pursue your dreams of being an entrepreneur or business owner. Talk to the professionals at DrawBridge Capital; they can help you identify funding sources and overcome financial hurdles on your way.