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Reply to "What new Career or Pivot did you start in your 40s?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I started my own business at age 50. Probably should have stayed at my day job, though. It was easier and paid more.[/quote] considering doing this, can ou share more about your experience?[/quote] Sure. It took 3 years of many 16 hour days to make a profit, and a small one at that. I'm exhausted and burned out, and being my own boss is not even a tiny bit fun anymore. Getting noticed and getting business and ranking on Google was the easy part. My product is great and sells itself, and I'm at good at selling anyway, and marketing, and pretty much anything creative. The hard part is the finance and organization part. I just really have no idea what I'm doing and can't figure out how people make a living doing this (but they do). I have a whole bunch of degrees and credentials and thought I'd be able to learn it because I'm so smart and all, but I'm failing and maybe not that smart and now wish I'd just gotten a regular job with actual benefits and guaranteed pay. Unless you are in an industry with really high profit margins and have a ton of money and business experience, I can't really recommend this route.[/quote] Can you expand on what you found difficult about “finance and organization”? I seem to be the opposite of you in that I’m very at home doing all kinds of numbers/analytics/coding/backend building but creative stuff like marketing, sales, and design I have no competency in. That’s what’s keeping me from pulling the trigger right now since those seem to be such fundamental skills for any business that relies on website traffic to generate revenue. Also what type of product do you sell if you don’t mind me asking? Thank you so much for being willing to honestly share your experience.[/quote]
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