It's Never Too Late to Start a Business
May 08, 2024Just yesterday, I got a text from Nancy, the founder of Success Your Way, saying that she had just gotten her CPA license. Nancy has been an accountant for decades and has owned her firm, Fix-It-Accounting, for nearly as long. For as long as I've known her, she has been happily and successfully operating under the title of Enrolled Agent. She didn't technically need to get her CPA license, but years ago, she decided it was a goal she would pursue, and she eventually manifested it in her life.
Nancy is 58 years old.
Whenever I worry that I might fall behind in business, Nancy reminds me that she was in her mid-forties when she started her accounting firm. Most dreams are shelf stable, meaning there's no expiration date. Of course, if you're 95 and want to Climb Mount Everest, you may run into some complications. But most of us have dreams that are well within our reach.
If you're reading this and thinking it may apply to you, it probably does. Here are a few simple steps to get yourself moving toward the business and the life you want.
- Take Up a Journaling Practice
You're thinking, what in the world does journaling have to do with starting a business? Here at Success Your Way, we like to use journaling as a tool to help find focus and direction. Clearing your mind of ideas, tracking your desires and goals, and forming a positive habit helps us move in the direction of the future we want. Plus, journaling helps you organize yourself step by step as you work to start a business.
- Get Your Finances Right
The purpose of business is to make money. If you are not confident in managing your personal finances, it's hard to believe you'd be great at managing your business finances. Take the time to develop a healthier relationship with money. Start working to get out of debt and save money to give yourself a leg up while you pursue entrepreneurship.
- Learn Everything You Can
If there is one quality that is universally beneficial to entrepreneurs, it's curiosity and the ability to self-teach. When you work for yourself, there is no boss to turn to for solutions or help out of a jam. You are the boss, and you have to find a way out of all the jams. For example, if you want to open an Etsy shop, you need to know more than just how to create your craft. You'll want to learn everything you can about how Etsy works, the best shipping methods, and how SEO and other marketing tools can draw people to your page. Be passionate about learning, it will take you far.
- Take Action
This is the most important step of all. It's not enough to dream the dream. You also have to take action. Schedule a meeting with a mentor, set up your LLC, or make the sales call. When you start taking action, you'll find that each step gives you more data about the next steps you need to take. You will learn very little from doing very little.
It is not too late to start a business or do any other big thing you've been dreaming of. Women in their forties, fifties, sixties, and above have wisdom, confidence, and life experience that make us much better business owners than we would have been in our twenties. If you're ready to take the first step, we're ready to help you! Click this link to join our mailing list, and you'll be the first to know when we launch our next course.