While spending time with an elderly aunt 50 years my senior, she asked what I wanted to be when I grew up. I was dumbfounded by the question as I thought I was well ahead in my life not to be asked such a question. I hadn’t been asked anything similar since I was a teenager.
I explained I’m doing what I want. My aunt laughed and said there’s room to do other things and explore other options. “You only live once, and when you reach my age, you want to leave no room for regrets,” she said.
Past her retirement age, my aunt expressed an interest to work in a bank and take some flying lessons if it were possible. Her zest for life is admirable and left me asking why many of us do not think along the same lines.
A case in point is a friend who recently turned 25 and was concerned she had not achieved half of what she and her family wanted. She was in-between jobs, had yet to launch a successful start-up, and had no marriage prospects in the horizon. Concerned about what she considered shortcomings, she said there was no time left for her to be in a so called “30 under 30” list, akin to the list of entrepreneurs released by Forbes.
But my friend isn’t the only one who feels that way. Young achievers are glamourised by the media. Lists such as “40 under 40” and “30 under 30” though motivating, can make some feel as underachievers and deter aspiring entrepreneurs from starting a venture.
While entrepreneurs such as Facebook’s founder Mark Zuckerberg, and Microsoft’s Bill Gates, have achieved tremendous success in their early 20s, there are so many entrepreneurs who peaked later in life and we need to remember that.
Henry Ford, for instance, established Ford Motors at the age of 40. Harland David Sanders, the founder of Kentucky Fried Chicken, sold his first franchise in his sixties.
Age can be an advantage when it comes to entrepreneurial success. Middle-aged entrepreneurs in the US are more successful than their younger peers, according to a report by the US National Bureau of Economic Research. Entrepreneurs under the age of 25 tend to perform poorly in general, while the success rate jumps after the age of 35, and again after the age of 46, according to the study. Industry experience, as well as financial security tend to be important factors behind their success.
The conversation with my aunt opened my eyes to new possibilities. Like many of my generation, I believed career paths in some ways are set early on and finalised in people’s twenties. During my time at university, I struggled with trying to figure out my future and ensuring my decisions would sustain me in the long run.
What I realise now it is that though I am blessed to be doing something I love, that should not stop me from exploring my options, and there’s nothing wrong with changing course during one’s career.
Midway through her successful career in the finance industry, a friend discovered her true passion was helping others. She took a break from her job and pursued a degree in psychology. Fast-forward and she has established an organisation that advocates mental wellbeing and helps individuals through a variety of services.
At a time, where we are pushed to be successful before we reach 30, we need to remind ourselves that everyone peaks at a different age. We shouldn’t compare our journey to others and luckily in entrepreneurship, age is just a number.
Manar Al Hinai is an award-winning Emirati journalist and entrepreneur, who manages her marketing and communications company in Abu Dhabi.
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Dubai World Cup draw
1. Gunnevera
2. Capezzano
3. North America
4. Audible
5. Seeking The Soul
6. Pavel
7. Gronkowski
8. Axelrod
9. New Trails
10. Yoshida
11. K T Brave
12. Thunder Snow
13. Dolkong
The specs: Volvo XC40
Price: base / as tested: Dh185,000
Engine: 2.0-litre, turbocharged in-line four-cylinder
Gearbox: Eight-speed automatic
Power: 250hp @ 5,500rpm
Torque: 350Nm @ 1,500rpm
Fuel economy, combined: 10.4L / 100km
The specs
Engine: 2.0-litre 4-cylturbo
Transmission: seven-speed DSG automatic
Power: 242bhp
Torque: 370Nm
Price: Dh136,814
Suggested picnic spots
Abu Dhabi
Umm Al Emarat Park
Yas Gateway Park
Delma Park
Al Bateen beach
Saadiyaat beach
The Corniche
Zayed Sports City
Dubai
Kite Beach
Zabeel Park
Al Nahda Pond Park
Mushrif Park
Safa Park
Al Mamzar Beach Park
Al Qudrah Lakes
match info
Southampton 0
Arsenal 2 (Nketiah 20', Willock 87')
Red card: Jack Stephens (Southampton)
Man of the match: Rob Holding (Arsenal)
Read more about the coronavirus
Red flags
- Promises of high, fixed or 'guaranteed' returns.
- Unregulated structured products or complex investments often used to bypass traditional safeguards.
- Lack of clear information, vague language, no access to audited financials.
- Overseas companies targeting investors in other jurisdictions - this can make legal recovery difficult.
- Hard-selling tactics - creating urgency, offering 'exclusive' deals.
Courtesy: Carol Glynn, founder of Conscious Finance Coaching
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Jetour T1 specs
Engine: 2-litre turbocharged
Power: 254hp
Torque: 390Nm
Price: From Dh126,000
Available: Now
Company Profile
Name: Thndr
Started: 2019
Co-founders: Ahmad Hammouda and Seif Amr
Sector: FinTech
Headquarters: Egypt
UAE base: Hub71, Abu Dhabi
Current number of staff: More than 150
Funds raised: $22 million
The biog
Family: He is the youngest of five brothers, of whom two are dentists.
Celebrities he worked on: Fabio Canavaro, Lojain Omran, RedOne, Saber Al Rabai.
Where he works: Liberty Dental Clinic
SHAITTAN
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BIGGEST CYBER SECURITY INCIDENTS IN RECENT TIMES
SolarWinds supply chain attack: Came to light in December 2020 but had taken root for several months, compromising major tech companies, governments and its entities
Microsoft Exchange server exploitation: March 2021; attackers used a vulnerability to steal emails
Kaseya attack: July 2021; ransomware hit perpetrated REvil, resulting in severe downtime for more than 1,000 companies
Log4j breach: December 2021; attackers exploited the Java-written code to inflitrate businesses and governments
Company profile
Name: Dukkantek
Started: January 2021
Founders: Sanad Yaghi, Ali Al Sayegh and Shadi Joulani
Based: UAE
Number of employees: 140
Sector: B2B Vertical SaaS(software as a service)
Investment: $5.2 million
Funding stage: Seed round
Investors: Global Founders Capital, Colle Capital Partners, Wamda Capital, Plug and Play, Comma Capital, Nowais Capital, Annex Investments and AMK Investment Office
Expert input
If you had all the money in the world, what’s the one sneaker you would buy or create?
“There are a few shoes that have ‘grail’ status for me. But the one I have always wanted is the Nike x Patta x Parra Air Max 1 - Cherrywood. To get a pair in my size brand new is would cost me between Dh8,000 and Dh 10,000.” Jack Brett
“If I had all the money, I would approach Nike and ask them to do my own Air Force 1, that’s one of my dreams.” Yaseen Benchouche
“There’s nothing out there yet that I’d pay an insane amount for, but I’d love to create my own shoe with Tinker Hatfield and Jordan.” Joshua Cox
“I think I’d buy a defunct footwear brand; I’d like the challenge of reinterpreting a brand’s history and changing options.” Kris Balerite
“I’d stir up a creative collaboration with designers Martin Margiela of the mixed patchwork sneakers, and Yohji Yamamoto.” Hussain Moloobhoy
“If I had all the money in the world, I’d live somewhere where I’d never have to wear shoes again.” Raj Malhotra
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UAE currency: the story behind the money in your pockets
More on animal trafficking
The specs: 2018 Nissan Patrol Nismo
Price: base / as tested: Dh382,000
Engine: 5.6-litre V8
Gearbox: Seven-speed automatic
Power: 428hp @ 5,800rpm
Torque: 560Nm @ 3,600rpm
Fuel economy, combined: 12.7L / 100km
Simran
Director Hansal Mehta
Stars: Kangana Ranaut, Soham Shah, Esha Tiwari Pandey
Three stars