Younger people or wanting a later second career - Business

[fridaypassion]

Do you aspire to have your own business?

I'm 46.5 now and when I was 20 all I wanted to do was have my own business (took me until I was 33 to find the right thing but I was always wheeler-dealing)

Since I started my business they introduced tax on dividends - contributory pensions - increasing minimum wage - constant battle against the cost of living and people's income being squeezed

Now we have huge increases in business rates - ever increasing red tape - Brexit (and absolute fker for business)

As I begin the slow process of tapering out of my main business I often reflect on the fact (as I see it) I don't think I would be able to get my business off the ground today. Rents have doubled on top of all the above challenges.

Am I just an old jaded car dealer? I am going onto other things and still have ambition but that raw hunger has been beaten out of me by the business I'm in - social media management just the day to day grind. I'm not burned out but I could do with a couple of logs chucking on.

If you are under 30 do you aspire to set up a business? In what sector?

[ooid]

It really depends on the sector I guess. Knowing a few hospitality people (cafe, restaurant and etc..), they can not wait to get out, as it is impossible to find decent employees. (being on time, reliable and usual things). Obviously high energy prices killer for most types of businesses today anyway.

On the other hand, some other sectors (software, tech, science) can be actually effective, as there is still a good infrastructure here (good universities with decent research).