Tuesday 17 May 2016

Age Is Your Most Poppin' Asset!

Your Age is an Asset

Utilise it!


Many people are fooled by other small minded people into thinking that their age restricts them from doing certain things, this is a lie!

Your Age is an Asset Utilise it!

The younger you are, the more time you have to make mistakes; the older you are, the more times you have had an insight of what works and what doesn't. The mistakes you make will be mistakes that you learn valuable lessons from; what you've seen prosper and fail will give you the essential do's and do not list. Let me give you a scenario for you to understand:

There are two guys, one is sixteen and the other is thirty. They both decide to embark on the journey of building an IT company- they have no relations with each other. They both have very little knowledge of the industry but just love the idea of it.

Now, you're probably thinking that the thirty-year old has an advantage simply because of his age. No, this isn't the case, and here's why:

1.Experience
Now, you're probably thinking "What's he on about? Experience automatically comes with age", well, in this case, you're wrong. You see, they're both going into an industry that they have completely no idea about and they now have no choice but to learn everything from scratch. This will be easier for the sixteen year old and he can easily utilize his age, as him being younger means he has more time to educate himself and properly understand the ins and outs of what he's going into; whereas, the thirty-year-old is under a lot more pressure and as he isn't experienced in the field, he is forced to sort of cram everything together to get things moving as soon and as quickly as possible as he doesn't have time to waste, but if he utilizes his age correctly, he can work smarter instead of faster by getting in touch with the professionals of the industry, talk to them and get advice and pointers as they're more likely to take him more serious as he is older.

2.Risk
Now, another thought probably running through your head is "Everything comes with risk; even the safest of things", that's true but the more you can minimise the risk and still have a great payout, the better. You see, the sixteen-year-old has literally nothing to lose, he's still young and if he burns out all of the money he invests, he can easily just carry on his normal education with a flexible part-time job and move onto his next dream, because he utilised his age by starting young. However, if the thirty-year-old burns out all of the money he invests, that's literally half if not all of his savings gone down the drain meaning he has to rebuild a good ten to fifteen years of hard earned savings, but if he was to utilize his age correctly, he could gain money from investors because they're more likely to invest in him as they'll see him as more trustworthy and reliable due to him being older, and this will benefit him as it means he will have more funds available for him to invest as well as him not having to use his own personal funds.

If you still found it hard to understand how to utilize your age- bearing in mind that the ways listed above were for the scenario given- then the best thing to do is to sit down and evaluate what it is you want to do and then look at the advantages your age gives you in the different areas of your chosen sector. Also, look at the disadvantages and see if there is any way that it can be changed around to benefit you.

Another point to remember is that age can be utilised in any situation at any time of your life; it just has to be done effectively.


-Written by Denzel Abdulai - denzel_a@hotmail.co.uk - snapchat: denzel.abz

*Don't forget to follow, like, comment your thoughts on the article and share; recommend it to your people if you feel it helped you and you enjoyed it!*

1 comment: