I'm over 40. Is it too late to set up my own business?

Go for it, if you're obsessively committed and know what you want to do, says Jeremy Bullmore

by Jeremy Bullmore
Last Updated: 01 Apr 2016

Q: Following a fantastic summer holiday with the family, I'm back at my desk and wondering why I spend so much time away from home working for someone else. I have daydreamed about setting up on my own before, but at well past 40, is it too late?

Jeremy says: The very fact that you’re asking should provide its own answer. To set up on your own, at whatever age, demands a level of resolve that scorns logic, practicality, caution and the experience of others. Are you utterly clear in your own mind what it is that you want to do; and are you single-mindedly, selfishly, obsessively committed to doing it? If you can answer yes to both, then go for it; you've got a decent chance of making a success of it. But if you’re still dithering, then keep the daydream a daydream.

Jeremy Bullmore is a former creative director and chairman of J Walter Thompson London. Email him your problems at editorial@managementtoday.com. Regrettably, no correspondence can be entered into.

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