Why So Many Start a Business After 40

Did you know? More than 1 in 4 people decide to start their own business after the age of 40!

In fact, many successful entrepreneurs begin their journey later in life, bringing with them years of valuable experience, resources, and a strong sense of purpose. Dr. Bryan Raya, the founder of DBR Bookkeeping, is one of those inspiring people who launched his business after 40. As a QuickBooks ProAdvisor and dedicated entrepreneur, Dr. Raya loves helping new business owners navigate the world of bookkeeping and small business finance.

So why do so many people start a business later in life? Here are three key reasons:

1. Experience Matters

After years of working and learning in different roles, people over 40 have a wealth of experience to draw on. This experience helps them understand the ins and outs of their industry, communicate with clients, and manage their finances effectively. When Dr. Raya started DBR Bookkeeping, he used his years of experience to guide him through the early stages of building a business. This foundation made it easier for him to connect with clients and build trust right from the beginning.

2. Financial Stability

Starting a business often requires some upfront investment. By age 40, many people have had time to save money, making it easier to fund their new venture without relying entirely on loans. This financial stability can provide a cushion, allowing new business owners to focus on growth instead of worrying about every financial decision. Dr. Raya encourages his clients to use sound financial practices, like using QuickBooks to track their finances, to make sure they’re on the path to success.

3. A Passion to Follow

For many, turning 40 is a time to reflect and consider what they truly want. This self-awareness often leads to a desire to follow a passion, build something meaningful, and make a positive impact. Dr. Raya’s passion for helping others with their bookkeeping and financial management drove him to start DBR Bookkeeping. Now, he can support other entrepreneurs and make a difference in their journeys.

No matter your age, it’s never too late to start following your dreams. Ready to start your business journey? Dr. Bryan Raya and DBR Bookkeeping are here to help you. Let’s start Doing Business Right!

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