We are here to remind you that it’s never too late to become an entrepreneur, and entrepreneurship is not just a millennial game. In fact, Americans who are 35 or older are 50% more likely to start a business than their younger counterparts,” according to a study by the Kauffman Foundation. Mid-career entrepreneurs are said to be more successful than younger founders which is why starting a business mid-career could be to your advantage.
In this issue of the Flash, we outline four game-changers who have famously shifted careers later in life.
- Vera Wang was an editor at Vogue for 17 years before she became a famous fashion designer at the age of 40.
- Jeff Bezos had a successful career in computer science on Wall Street and took on top roles at numerous financial firms before launching Amazon at the age of 31.
- Ray Kroc spent his career as a milkshake-device salesman before buying McDonald's at the age of 52.
- Bernard Marcus was fired from hardware store Handy Dan at the age of 48 along with his coworker Arthur Blank. The duo later started a rival retailer, Home Depot.
Also, in this week’s Flash:
- How To Spark Entrepreneurship: Lessons From Innovation Hubs (Forbes)
- Shopify opens its own studio to create inspirational content for wannabe entrepreneurs (Fast Company)
- Top 10 US Cities Where Minority Entrepreneurs Are Succeeding (Small Business Tools)
- 5 Effective Ways Entrepreneurs Can Pivot Better When Things Go Kaboom (Entrepreneur)