[thebear]

Many people seem to believe that if you want to do a startup, you have to do it when you're young. Young people can afford to take a lot of risk, because they have few responsibilities to hold them back. And if they fail, there'll be plenty of opportunity to make up for lost time. What few people seem to realize is that there is a second phase in your life where almost exactly the same is true, namely, when you're old. The only thing that is no longer true is that you won't be able to make up for lost time in case of failure. But if you lived a good life, you don't have to, because you've already made up for lost time in the past. And there are some extra perks, like you've probably got money to fund yourself. And you should know a thing or two that you didn't when you were young. And BTW, I'm not just blabbering here. I'm 60 and I'm doing it. Granted, I haven't been successful so far, but having the time of my life anyway. No fears, no regrets, and high like a kite on adrenalin 24/7.

[jfasi]

Thanks for saying this. I'm an early twenty's kid who's decided to forgo the fashionable startup scene in favor of an extremely well-paid (given my age) position in a top-ten tech giant. I have a hunch that it would be more sensible to sharpen my skills when I'm young, and focus on becoming a happy and fulfilled person, only to emerge as a powerhouse of compounded experience and technical and social skill.

As someone who's already emerged on the other side of that process, can you speak to one's capability to capitalize on that experience and personal growth throughout one's life? Does middle age have to be a time of complacency and conservatism?

[thebear]

>> [...] can you speak to one's capability to capitalize on that experience and personal growth throughout one's life? <<

Given the fact that I haven't been successful with a late-in-life startup, some may deny me the credibility to speak to that. That being said, I do believe that yes, you can capitalize on past growth and experience. That's assuming you can pull off that Zen thing of keeping your beginner's mind. Know what you know, know what you don't know, and strive to be an expert with a beginner's mind.

>> Does middle age have to be a time of complacency and conservatism? <<

Complacency, no, that doesn't sound good to me. I believe you should always be able to describe yourself with an adjective or a combination of adjectives such as "ambitious," "dedicated," and the like. Of course that could be dedication to a family, accompanied by less ambition in your professional life. But that's still different from complacency. Conservatism, yes, that would describe my own middle age pretty well. Everybody's rhythm of life is different of course. But it makes a lot of sense to have one extended period in your life where you plant a tree and watch it grow. The middle of one's life is a pretty good time to do that.