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Posted on 12/6/25 at 8:47 am to L5ut1g3r
I know it may be scary, but its never too late. What I can say is the payoff is way better than my former "high-paying" career. We debunked that claim.
I have always been the conservative type when it comes to risk. I shied away from leaving the herd. I suggest that if you decide to switch, go all in. Just go and tune everything out, focus on creating/growing the business, put in long hours. You will happily do that over working half as much at a job you hate.
We went all in. I was spending money that we did not have to grow the business. Not saying that was the wisest decision, but if we did not do that, we would not be where we are today. My CPA says that our story is insane.
You will be scared. You will be second guessing yourself. If you are passionate about it, just keep going.
I have always been the conservative type when it comes to risk. I shied away from leaving the herd. I suggest that if you decide to switch, go all in. Just go and tune everything out, focus on creating/growing the business, put in long hours. You will happily do that over working half as much at a job you hate.
We went all in. I was spending money that we did not have to grow the business. Not saying that was the wisest decision, but if we did not do that, we would not be where we are today. My CPA says that our story is insane.
You will be scared. You will be second guessing yourself. If you are passionate about it, just keep going.
Posted on 12/6/25 at 8:55 am to L5ut1g3r
Let me start off by saying I am about to turn 55.
I’m making a career change and starting a business right now. My employer eliminated my position earlier this year. I have done the typical job search with no progress. So, I started looking for businesses to buy. I found one and another has landed in my lap. I’m relocating to the Alabama Gulf Coast and will be taking over ownership in February.
I have decades of experience in transaction processing and have helped others become financially successful. I intend to put my corporate experience to work for me.
My new venture is low risk, but will be a physical job in operations/distribution. That part is important to be me to ensure I don’t continue to park my a arse behind a desk all day. The income should be roughly equal to what it has been. Interestingly, I have been able to use retirement funds to buy the businesses - this is a low risk business and am confident my nest egg will be safe for the next 5-10 years.
I am genuinely excited about my new venture and happy about the career change. Wish me luck!
I’m making a career change and starting a business right now. My employer eliminated my position earlier this year. I have done the typical job search with no progress. So, I started looking for businesses to buy. I found one and another has landed in my lap. I’m relocating to the Alabama Gulf Coast and will be taking over ownership in February.
I have decades of experience in transaction processing and have helped others become financially successful. I intend to put my corporate experience to work for me.
My new venture is low risk, but will be a physical job in operations/distribution. That part is important to be me to ensure I don’t continue to park my a arse behind a desk all day. The income should be roughly equal to what it has been. Interestingly, I have been able to use retirement funds to buy the businesses - this is a low risk business and am confident my nest egg will be safe for the next 5-10 years.
I am genuinely excited about my new venture and happy about the career change. Wish me luck!
Posted on 12/6/25 at 8:57 am to L5ut1g3r
Never. I’m 45 and 1.5 years into starting my own company. I’m making the same money I was working as a FT employee for a big company and I’m doing it working 20 hours a week. It’s been a game changer. Same work and field, but I can dictate my workload and hours. It’s so much more rewarding.
Posted on 12/6/25 at 9:41 am to L5ut1g3r
If you aren't already in that line of work I would recommend trying to find someone who already is with a good track record and networking base.
A little bit of a personal rant and a story for all those who are scared to make the jump.
For years I begged dad to branch out and start his own thing. I was going to quit my job and go work with him, offered to take all the financial liability. He had experience running a company and has an insane networking base along with most of the market in his industry cornered and has for over a decade. I knew it would be successful, if there is a ideal candidate to start your own thing he is it. I would come up with different business plans, scenarios, etc and he would never jump. In his defense he has PTSD from seeing/handling the demise of a large family business when he was younger that was no fault of his own.
Anyway, he reaches retirement age and retires from the company he worked for over 20yrs and teams up to "consult/sale" with a small family business he had worked with for a long time.
End of this year makes year number 4. When my dad started with him the company was averaging $2-3M in revenue a year. The later half of this year has been slow and they will close with around $20M in Rev, they did $25M last year.
He has no ownership, straight 1099 with a split on all work he brings in. Owner is looking to sell. He has made good money with the deal, 2x3 of his old job. The owner will retire and set his family up.
A little bit of a personal rant and a story for all those who are scared to make the jump.
For years I begged dad to branch out and start his own thing. I was going to quit my job and go work with him, offered to take all the financial liability. He had experience running a company and has an insane networking base along with most of the market in his industry cornered and has for over a decade. I knew it would be successful, if there is a ideal candidate to start your own thing he is it. I would come up with different business plans, scenarios, etc and he would never jump. In his defense he has PTSD from seeing/handling the demise of a large family business when he was younger that was no fault of his own.
Anyway, he reaches retirement age and retires from the company he worked for over 20yrs and teams up to "consult/sale" with a small family business he had worked with for a long time.
End of this year makes year number 4. When my dad started with him the company was averaging $2-3M in revenue a year. The later half of this year has been slow and they will close with around $20M in Rev, they did $25M last year.
He has no ownership, straight 1099 with a split on all work he brings in. Owner is looking to sell. He has made good money with the deal, 2x3 of his old job. The owner will retire and set his family up.
This post was edited on 12/6/25 at 9:44 am
Posted on 12/6/25 at 9:42 am to L5ut1g3r
Never too old
Posted on 12/6/25 at 9:42 am to CMBears1259
Never too old. Bought my first franchise at 40 now own 5. With franchises the business plan is already set and you follow the system. A franchise broker can help you decide which one is right for you.
Posted on 12/6/25 at 9:45 am to DaleGribblesMower
Never too old. Look into franchises where the plan is already set. If you don’t know what franchise, there are brokers who can help you with your decision
Posted on 12/6/25 at 10:19 am to L5ut1g3r
Never too old for anything...shite be in people's minds. Did you see the 68yr old guy join lsu marching band? He could have easily sat in a recliner eating oatmeal but he wants to LIVE!
Posted on 12/6/25 at 10:39 am to OweO
quote:
Just curious, is he still working? Or how long did he work?
Oh yea he's still going working 50ish hours a week. He went to Hong Kong 2 weeks ago first class with some new clients
Posted on 12/6/25 at 10:43 am to L5ut1g3r
There's a book called "what color is your parachute" that addresses this subject. Just a heads up
Posted on 12/6/25 at 10:52 am to DCtiger1
quote:
Of course you need more than passion and a plan, but you do need a plan for your business, personal finances, etc and it better be something you care about because otherwise it's going to suck way worse than any job you're burnt out from
Being 40 and childless definitely helps
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