5 Reasons Why Starting A Business In Your Twenties Is The Best Time

Most people think of me as an entrepreneur who started really early since I was still in high school when I launched my first business. However, I look back and wish I had only started earlier, but who doesn’t?

However, I have quickly realized that there is a really good time to start a business. That magical time is in your twenties. In this article, I’ll share 5 reasons why starting a business in your twenties is the best time:

1. You’re In Your Prime

Just like athletes are in their prime during their mid 20’s, you are too. You have the most energy and motivation to hustle, which are crucial skills required to succeed as an entrepreneur.

Twenty somethings are typically finding out their purpose at this age. Best of all, they’re the most willing to take risks and love to act fast on their dreams. Those are some great characteristics for someone trying to start a successful business.

2. Life Doesn’t Get Any Cheaper

Unless you’re drowning in college debt, this is as cheap as life will get. If you’re still lucky enough to be living at home, your expenses are very minimal.

Starting a business doesn’t necessarily mean you will start getting paychecks early on. It usually means that you’ll be making very little money with hopes of creating something bigger. The great thing about starting young is that you have very little expenses giving you the opportunity to focus solely on your business.

3. Retirement Feels A Lot Better At 30

If you can start a business at an early age, that’s great. If you can make enough money to retire yourself at a young age, that’s ideal. By starting a business in your twenties, you give yourself the opportunity to retire at a young age.

Ask anyone who is above the age of 30 and they will tell you how envious they are of people who get to retire young. Retirement doesn’t necessarily mean that you don’t work, it just means that you don’t need to make a certain amount of money to survive. Best of all, you can follow your passions upon retirement.

4. You Can Reset Everything

When you’re young, you have the ability to scratch everything and call it a learning experience. However, as you get older it becomes a lot harder to do that.

If all does go wrong with your business venture and you decide to pursue something else in life, it’s a lot easier to hit the reset button in your twenties. You probably don’t have a family and too much working experience under your belt, which means you can literally pursue just about anything else.

5. Age Is Just A Number

You don’t need a fancy degree, experience or a lot of money to create a successful business. No matter what your passion is, always remember that age is just a number and it doesn’t define who you can become.

Take it from someone who started at the age of 17, if you have a dream pursue it as soon as you can. There is no better time to start than today. As a twenty something, if you’re having the thoughts of becoming an entrepreneur, you’ll never know how successful you can be without trying.

Conclusion

In this article, I shared 5 reasons why starting a business in your twenties is the best time. If you are younger or older than that, just remember that there is no better time to start than now!
Note: If you’re starting a business and need help, feel free to check out my best-selling course with over 2,800 students on how to start a business.

photo credit: Stuck in Customs via photopin cc