Is it too late to startup? - Can you ever be too old?

Great discussion #-Link-Snipped-#
All age groups have thier pros and cons.If you are young you will have high energy and enthusiasm with urge to grow and braveness to face problems.
If you belong to old age( >30 yrs)
the person would be starting a startup with good yrs of experience and depth in knowledge in marketing strategies.

Morale: No barrier for age

#-Link-Snipped-# : OLD AGE is 30+? ☕

There are no advantages or disadvantages associated with age; apart from the obvious (health) ones. Also, let me tell you that the corporate experience doesn't really help in a startup company. What you'll learn in marketing, while working for a big company will be totally useless while working for a startup company. Because in a big company - you'll have access to all the resources and have a backup.

In a startup company, however - you'll be on your own. No one to hold you if you make mistakes. That's pretty much the fun part of it.

As i believe it is never too late to startup as long as you are introducing something completely new to the world, in other words, you don't have any existing competitors in the market

Let me state a personal experience of mine:

A couple of years, i was shopping for provisions in super market. I went to the section where they keep soaps, toothpastes etc.

There a sales-girl, offered me a pack of toothpaste, which was branded as "K.K.NAMBOODHRIS". And she spoke like a robot : "would you try this brand sir, it is herbal, and.............".

but before she could complete, i reached for a pack of pepsodent and went on my way. i also noticed that another lady in the same aisle, whom the sales girl approached give a similar response.

i was left to ponder about this brand new toothpaste manufacturer who just entered the market. and the big question that went in my mind was "will this new startup even survive against the existing giants such as colgate, pepsodent, and close-up?"

today two years have passed by and i don't think that brand survived, at least not in my locality.

#-Link-Snipped-# Even thought I get your point, the company you mentioned was started in 1925 by its founder K.P. Namboodiri in Thrissur. The company has a research & development department. So, it is not exactly a startup.
I believe this one calls for a new topic of discussion. How difficult is it for new companies to compete with big competitors? 😀 Will start it some other day.

For now, let us focus on this topic - How old is too old to start a venture of your own?

Ankita Katdare#-Link-Snipped-# Even thought I get your point, the company you mentioned was started in 1925 by its founder K.P. Namboodiri in Thrissur. The company has a research & development department. So, it is not exactly a startup.
I believe this one calls for a new topic of discussion. How difficult is it for new companies to compete with big competitors? 😀 Will start it some other day.

For now, let us focus on this topic - How old is too old to start a venture of your own?

Oh so i see. i never knew that K.K.N was so old. it appeared to be a start-up to me when i came across that brand for the first time.

Inviting opinions on this from #-Link-Snipped-#, #-Link-Snipped-#, #-Link-Snipped-# #-Link-Snipped-# #-Link-Snipped-#, #-Link-Snipped-#, #-Link-Snipped-#

I don't think age has anything to do with start up, instead I believe there are number of other factors that contribute, whether an individual can go for start up or not i.e ability to take risk, daring, ability to cope with hard time

In my opinion, age can never be a factor to start anything new. In fact, it should just be the 'belief' that you can achieve your goal come what may. Difficulties and problems are part and parcel of life, they are bound to come your way. It is on you how you deal with them.
Moreover, with age comes experience.

Well the image says it all.
That's true nobody can be too old, to start a startup. you just need to be BOLD to turn your dreams into action. Once you made up your mind , nothing can stop you from achieving you goal.

For the age concern : One of my friend's grandfather did his PhD. at the age of 75 yrs.

P.S.: "Jahaan Chah Wahan Raah" ( My Dad use say..)

Ending my answer for a start-up in 2 lines:
1. Age is no barrier.
2.Expand and create only as much as you can handle.

I think it this way.

Some people are made for it. Some people are not. For people in the first group, age is not a barrier but resources and will power are. The second group, they might not be able to ignite something like that no matter how old they are or how much resources they have.

Thank you all, for your wonderful contribution of thoughts. I believe this discussion can serve as a great motivator for people now in their later 20s and thinking if they made a wrong decision hopping companies and doing a job they don't love.

There's still hope. You can make it happen in any stage of your life if you just believe in yourself (and have a great family to support you ~optional).

👍

Entrepreneurship - "entrepreneurship is the process of identifying and starting a business venture, sourcing and organizing the required resources and taking both the risks and rewards associated with the venture"

This happens with a firm belief in self that one can achieve the goals.

#-Link-Snipped-# had put a point that

It has become a new cool to start your own small company very early in life

The reason may be at that point of time one do not have much of the liabilities, so he or she can afford to take risk with own career. At elder age chance are less that one have that courage to play with herself and near and dear's life (career).

Now the point is If it's not too late.. then what about the past stories...

Ankita Katdare

Jan Koum - X-Yahoo employee for 10 years before he started What's app; I am sure he must have earned good in yahoo for 10 years
Michale Arrington - A guy with strong financial roots; always remained in million dollars
Jimmy wales, Mark Pincus, Robert Noyce, Ray Kroc, Harland Sanders.. every one of them had a fairly good financial status and they could afford to take risk with their career.

Per me, Entrepreneurship has nothing to do with age. This is the self belief and a calculated risk taking capacity that can happen at any point of time in your life.