It might not be of importance the age you are at the moment, whether you are in your 20s, 30s, or 40s, it won't make any difference to anybody when you're trying to build a business for like say 10 years, 20 years or more.
Silent problems align with Long-Term Entrepreneurship
Here is one thing most people hardly talk about when it comes to starting a business, it is the extreme stress you take that will affect your mental strength, affect your health and also affect your body.
Let's look into the athletic space, for someone who is an athlete. You will never find an athlete who is 60 years old and is yet to retire or to be active in athletic stuff at that age, the maximum age before an athlete retires is around their 30s. As soon as they hit their early 30s they plan their retirement as an athlete, but when you're in your 20s you are at the peak of your career, but once they hit their 30s they are done, because they know that chances of them performing a stunt or athletic move in their 30s might lead to an injury or a serious health condition. Once they hit their 30s they dive into other fields by looking into another venture whether to be a coach or to pursue another career.
Exploring the Impact of Aging, on Business and Mental Health; A Consideration, for Entrepreneurs
When it comes to entrepreneurship or starting a business it will actually tell on your body, but you always have to keep going whether you are 30s or 40s, but here's where the issue comes in. In your twenties, you are vast and can go sleepless nights and work yourself out, but can't try that in your 30s and when you are in your 40s you can't do some stuff as your 20s or 30s. No one actually addresses this problem of retirement. We know athlete retires in their 30s, but when you ask an entrepreneur when they retire, they might say " I don't know, maybe whenever my business kicks off or becomes successful". The problem is even when your business is successful you cannot retire yet because of a lack of a plan, even when you know you can't go as hard as you normally do when you grow older.
The Relevant of Preparing for Entrepreneurial Retirement
What those it mean to grow your business? Let's take a scenario that in your 30s you made one bad decision (Knock on wood), You have no choice but to start all over, but you are very energetic to start all over, the thing is you won't be able to start with the same strength as 10 years ago or when you are in you 20s. You will have to work all over just to get back to where you are in 5 to 10 years extra to your life, remember that you are getting old and also what guarantees that you won't get into another failed business or take a loss.
It's always advisable to spend time away from your business a time, if you find yourself committed and too invested in the business, take a break and reflect if it is getting you closer to your dreams.
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