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MindMap Gallery After the age of 35, you should choose a business that you can do for a lifetime
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After the age of 35, you should choose a business that you can do for a lifetime
After the age of 35, you need to choose a business that can last a lifetime, including key considerations for career choices after the age of 35, analysis of the core characteristics of a lifelong business, and ways to explore ways to change your thinking and start a business.
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After the age of 35, you should choose a business that you can do for a lifetime
- Reproductive system
This template shows the structure and function of the reproductive system in the form of a mind map. It introduces the various components of the internal and external genitals, and sorts out the knowledge clearly to help you become familiar with the key points of knowledge.
- Interpretation and summary of relationship field e-book
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- Outline
After the age of 35, you should choose a business that you can do for a lifetime
Key considerations for career choices after age 35
The significance of a career watershed at age 35
After the age of 35, career development enters a new stage, and choosing a business that can last a lifetime is crucial to long-term development.
At this stage, people's career gaps have become more and more obvious in the long-term accumulation, affecting future quality of life and personal accomplishment.
Comparison of career development trajectories
initial similarity
When you first enter the workplace in your 20s, everyone basically starts with basic work, and the starting point is roughly the same.
differentiation process
As time goes by, small differences begin to appear within a three-year cycle. The gap further widens during the five-year barrier. After the ten-year barrier, career trajectories diverge significantly. Some people always repeat basic work, have difficulty accessing core business, and face the risk of layoffs; while others, while doing their jobs well, actively look for long-term compound interest opportunities, such as starting small businesses, to add security to themselves.
The essential difference between working and business models
Limitations of the part-time job model
Working and selling personal time to get paid, however, time is non-renewable and as age increases, the physical energy of a 35-year-old is far less than that of a 25-year-old, and its value decreases year by year.
Advantages of business model
Business is about selling cognition and wisdom, involving business systems, including customer resources, team collaboration, product value, R&D capabilities, etc. These elements continue to increase in value over time, forming high-value barriers and becoming a key component of one's core competitiveness.
Analysis of the core characteristics of someone who can do business for a lifetime
Replicability: a key element for business expansion
The dilemma of copying physical stores: Taking physical stores as an example, copying means opening branches, but each branch requires investment in manpower, management, space, etc. As the number of stores increases, management costs increase, and profit margins may decrease.
The duplication advantage of Internet business: Internet business such as self-media is completely different. Once you have an account, you can quickly copy other accounts using the same model; if you succeed on one platform, you can also copy it to other platforms efficiently without requiring a lot of additional investment. Traffic can be multiplied to achieve economies of scale.
Sustainability: The Building Block of Compound Interest and Barriers
Disadvantages of speculation: In the Internet field, many people pursue hot projects and frequently switch business directions, but it is often difficult to accumulate sufficient resources and experience, and ultimately it is difficult to obtain high profits.
The value of continuous cultivation: A truly sustainable business, even if it seems as simple as selling electronic materials, requires long-term accumulation of traffic, optimized content, and improved operational experience. Leading companies or individuals in various fields have all built strong barriers to competition after years of silent hard work, and enjoy the generous returns brought by continuous compound interest.
Diminishing investment: an ideal model with low threshold and high returns
Threshold restrictions for high-investment businesses: Traditional businesses such as beauty salons may need to invest 200,000 to open a store. For each additional store opened, the investment cost doubles. For ordinary entrepreneurs, the capital threshold is too high and limits Opportunities to participate.
Examples of businesses with diminishing investment: self-media delivery, knowledge payment and virtual data projects, etc., show the characteristics of diminishing investment. Take self-media sales as an example. After producing a high-quality video, whether the video drives the sale of 1 product or 10,000 products, the production cost remains basically the same. The same is true for paid knowledge products and virtual material projects. Time and energy are invested in the early stage to complete the product. After creation, the subsequent increase in sales volume basically does not increase additional delivery costs, providing entrepreneurs with a broader profit space.
Thinking changes and exploration paths for entrepreneurial direction
Thinking change: the leap from workplace thinking to entrepreneurial thinking
Limitations of workplace thinking: Traditional workplace thinking is similar to "a carrot and a pit", which limits personal vision and skills to specific positions. It is like a blind man touching an elephant, which can only perceive parts and cannot grasp the overall closed loop of business operations.
The construction of entrepreneurial thinking: If you want to start a business and become a boss, you must abandon workplace thinking and treat yourself as an independent company. This means being fully responsible for product design, channel development, customer search, and self-financing, and planning and operating personal businesses from a holistic perspective.
Personal entrepreneurial positioning: precise planning based on one’s own advantages
Commercial exploration of interests and specialties: First, you must clarify your own interests and specialties. Only interests and specialties with the potential to be monetized have commercial attributes, and may then develop into a viable business.
Self-directed development model: With the individual as the core, realize that you are a unique "carrot", and take the initiative to dig out the "pits" that suit you, that is, accurately position your personal entrepreneurial direction, use personal IP as the entry point, and actively explore the characteristics that suit you business model.
Characteristics of entrepreneurship in the post-Internet era: opportunities and challenges under new trends
Innovation of the entrepreneurial model: Today's entrepreneurship no longer follows the traditional high-investment and high-risk model, but shows significant characteristics such as lightweight, flexibility, and rapid iteration. Entrepreneurs can use the Internet platform to start projects at a lower cost and quickly adjust and optimize based on market feedback.
Diverse choices and personal development: The future workplace will be more diversified. The age of 35 is not an inevitable node for unemployment, but an opportunity for transformation and entrepreneurship. Finding a sustainable good business and running it for the long term has become an ideal choice for many people. The post-Internet era has provided unprecedented development opportunities for new individual entrepreneurs, encouraging more people to bravely embark on the road of entrepreneurship.