4 place 0 fresh

77 People who start businesses in their 50s and 60s have an advantage no 25-year-old can replicate — they’ve already failed inside someone else’s company on someone else’s dime, and every mistake they watched a boss make is a mistake they’ll never repeat, and that accumulated library of other people’s errors is worth more than any startup capital because it buys something money can’t

Silicon Canals
Tommy Baker @ Silicon Canals 2 place · today 13:45 EDT

People who start businesses in their 50s and 60s have an advantage no 25-year-old can replicate — they’ve already failed inside someone else’s company on someone else’s dime, and every mistake they watched a boss make is a mistake they’ll never repeat, and that accumulated library of other people’s errors is worth more than any startup capital because it buys something money can’t

While young entrepreneurs chase venture capital and viral growth, seasoned professionals in their 50s and 60s are quietly building bulletproof businesses using a secret weapon no amount of funding can buy: three decades of watching other people's expensive mistakes unfold in real-time.

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