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Rick Lewis's avatar

"There's a 20% chance your business will fail in the first year."

To your point, the only real reason any business "fails" is because the owner decides to stop doing it, and in most cases, that's probably because the business owner did not create sufficient alignment with a sense of purpose to motivate continuing on.

"If you’re in your forties like me, you’ve definitely been around the block and are confident in your faculties."

When you're 65, you look back at forty and think, oh wow, when I thought I'd been around the block I was still standing in front of my mailbox. : )

The older I get, the less territory I realize I've covered.

Jeanine Kitchel's avatar

I fully agree, especially in today's environment, it's a good idea to think about a 'second' --or 3rd or 4th -- ): career. Times change, definitely. Sometimes however, that specific idea or aha moment just comes, out of serendipity, as did mine. We were traveling often to Mexico, thinking of taking the leap from our SanFran corporate jobs, jumping ship. It was nearly impossible to find bookstores there, and I'm an avid reader. We'd ID's the pueblo we wanted to settle in, and I decided as a hobby, I'd open a bookstore. It was one of only 6 in the state (Quintana Roo is home to Cancun) so it was an accident waiting to happen. Just luck. Sometimes things just come to you, but a wonderful second act for sure, through my need to read. Thanks btw for a great post, Vince.

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