The Rise of Senior Entrepreneurs in the Aging Economy
Hatched by Glasp
Jul 10, 2023
4 min read
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The Rise of Senior Entrepreneurs in the Aging Economy
In today's rapidly changing business landscape, age is no longer a barrier to entrepreneurial success. In fact, the average age of successful entrepreneurs is now 45, and with the emergence of the longevity economy, we can expect to see even more senior entrepreneurs making their mark in the business world. One such example is GenXys, a startup that develops precision prescription software aimed at minimizing side effects and maximizing the effectiveness of medications. What's interesting about GenXys is that its two founders are both in their late 60s and have over two decades of experience in the medical field. This goes to show that age and experience can be valuable assets in entrepreneurship.
Understanding the Power of Desire
Desire is a fundamental aspect of human nature, but it is important to differentiate it from needs. While needs are driven by physical and instinctual reasons, desires are intellectual appetites for things that we perceive to be good, regardless of whether they are actually beneficial or not. According to 13th-century philosopher Thomas Aquinas, these intellectual appetites are part of what he called the 'will'. When we desire something and attain it, our will finds rest in it, and we experience joy as long as we can rest in the object of our desire.
Desire is not a solitary experience; it is heavily influenced by social processes. We mimic the desires of others, both consciously and unconsciously, and this can shape our own desires. It is important to identify the individuals who have the most significant influence on our desires. These individuals can be categorized into two groups: those within our immediate circle, such as friends and family, and those outside of our immediate circle, such as celebrities and historical figures. Both groups can impact our desires, but we have more control over the desires influenced by individuals within our world.
Mapping Out and Owning Your Desires
To gain a better understanding of our desires and their origins, it is helpful to map out the systems of desire we are embedded in. By doing so, we can distance ourselves from these systems and critically examine our dominant desires. This self-reflection allows us to take ownership of our desires and decide which ones we truly want to cultivate. We should not be limited by the mimetic nature of desire but instead exercise our creative freedom to shape our desires according to our values and aspirations.
Being anti-mimetic means breaking free from the herd mentality and pursuing desires that align with our authentic selves. This requires self-awareness and a willingness to examine our desires critically. Restlessness of desire can be a sign that the desires we are chasing lack the power to truly satisfy us. It is essential to cultivate an openness to wonder and let reality surprise us, as it often surpasses our expectations.
In our relationships, whether romantic or not, it is important to avoid falling into mimetic rivalries. These rivalries can create a zero-sum game dynamic, where one person feels the need to dominate while the other is dominated. To break free from this pattern, we should strive to do something extraordinarily generous for the other person without expecting anything in return. This act of generosity can disrupt the rivalry and foster a healthier dynamic.
Lastly, it is crucial to recognize that our words and actions serve as models of desire for others. We should be mindful of the desires we are cultivating in those around us and ensure that our influence is positive and uplifting. By aligning our core motivational drive with meaningful work, we can inspire others and make a positive impact on the world.
Actionable Advice for Cultivating Authentic Desires
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Reflect on Your Influences: Take the time to identify the individuals who have the most significant influence on your desires. Consider both those within your immediate circle and those outside of it. Assess whether their desires align with your values and aspirations.
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Map Out Your Systems of Desire: Examine the systems of desire you are embedded in and question whether they truly reflect who you are and what you want. Take a critical distance from these systems to gain a clearer perspective on your dominant desires.
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Cultivate Intentionality: Take ownership of your desires by consciously choosing which ones to cultivate. Align your desires with your values and exercise your creative freedom to shape them according to your authentic self.
In conclusion, age should not be seen as a barrier to entrepreneurial success, as demonstrated by the rise of senior entrepreneurs in the aging economy. Understanding the nature of desire and its mimetic qualities can help us navigate our own desires and make intentional choices. By mapping out our systems of desire and taking ownership of them, we can cultivate authentic desires that align with our values and aspirations. Through self-reflection and self-awareness, we can break free from mimetic rivalries and pursue desires that truly bring us fulfillment.
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