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How old is ‘too old’ to start a business? Ask women over 50

Veteran entrepreneur Sheila Lirio Marcelo says women over 50 spent decades navigating careers, families, and crises—learning empathy, patience, and resilience along the way. In business, these qualities are superpowers.

How old is ‘too old’ to start a business? Ask women over 50
[Source photo: Yan Krukau/Pexels]

This summer, I traveled to Vicenza, Italy, to support a dear friend who had decided to pursue her lifelong passion for opera singing. At 53, she refused to let her dreams quietly fade into retirement. Instead, she boldly embarked on a journey to become a professional opera singer, performing on a stage she had only dreamed of in her younger years. As I watched her sing with confidence, grace, and the wisdom that comes with age, I realized that life’s most fulfilling moments often begin when we dare to chase passions we once thought had passed us by.

There is something extraordinary about women over 50. We’ve spent decades navigating careers, families, and crises—learning empathy, patience, and resilience along the way. In business, these qualities are superpowers. We don’t just delegate; we nurture. We don’t just solve problems; we identify deeper human needs. We don’t just mentor; we sponsor. Emotional intelligence, a skill that can’t be quantified but is vital, sets us apart.

As a young mother and CEO, I often felt like I had to carry everything on my own. Over time, I learned the true strength in empowering others, delegating responsibility, and building people up. Women at this stage in life have mastered the art of listening deeply, mentoring with intention, and sponsoring the next generation of leaders. These skills allow us to create products, businesses, and solutions that reflect the real needs of people.

Women over 50 bring strengths forged by balancing multiple responsibilities and leading with empathy. Our experiences fuel our entrepreneurial journeys, allowing us to approach problems with fresh perspectives and develop solutions that resonate with human experiences. We’ve learned not just to lead but to inspire. We build businesses with impact at their core.

When I was building my last company and eventually took it public, I realized that success didn’t come from doing everything myself—it came from trusting my team, delegating ownership, and fostering a collaborative environment. This understanding, developed over decades, is one of the unique advantages that women over 50 bring to entrepreneurship.

Turning experience into innovation

Our lived experiences often spark the best innovations. As women over 50, we have a unique vantage point on the challenges facing aging populations, caregiving, and social isolation. This insight gives us the power to create solutions that address real needs.

For example, at Melinda Gates’s inaugural Care Summit this year, I was called an “OG” in the care space. Instead of embarrassment for my age, I was inspired to see an audience of 300 entrepreneurs and investors focusing on the “care economy”—recognizing that care is the work that makes all other work possible. By 2030, one in five Americans will be over 65, and women comprise the majority of caregivers. This gives us valuable insight into the growing demand for innovative solutions, from healthcare to fighting loneliness—what Surgeon General Dr. Vivek Murthy calls an epidemic.

There’s also a glaring gap in women’s health innovation, particularly around menopause and aging. Despite women living longer than men, funding for women’s health research remains disproportionately low at 5% of total medical research funding. As women who have lived through these experiences, we’re uniquely positioned to address these gaps and create lasting change.

Breaking the myth of ‘too old’

The idea that women over 50 are “too old” to embark on new ventures is a myth that needs to be debunked. Just recently, a 52-year-old female founder friend texted me: “I just had an investor tell me the main reason they are passing on this round is that they prefer to invest in ‘young hackers’ and my team and CTO are too ‘mature.’ My CTO wrote the book on [what we are building] and has led in this space for 15 years at one of the biggest tech companies in the world. Incredible. And this woman is my age!”

It’s astonishing that this bias still exists. Research shows that the average age of successful startup founders is 47. The notion that youth is the key to innovation is misguided. As we age, our ability to connect the dots, draw on decades of experience, and think strategically only deepens. Women like Arianna Huffington and Kathryn Finney have proven that launching successful ventures later in life is not just possible but often a distinct advantage.

In reality, women over 50 tap into fluid intelligence, using vast knowledge, adaptability, and continuous learning to solve complex problems. Age brings wisdom, and that wisdom is invaluable in creating meaningful businesses.

My shift from achievement to purpose

This realization—that age is not a barrier but an advantage—has shaped my own journey. In 2020, after selling my company, I thought I’d retire, content with the milestones I’d reached. But a single moment made me rethink everything.

At our IPO celebration, my son Ryan stepped up to the open mic. In front of a room full of bankers and lawyers, he revisited a conversation we’d had years earlier. When I’d asked if I was a good mom, he once replied, “I’m not sure—you weren’t around enough.” That response had crushed me. But that night, he said, “Mom, I answered you wrong. I see now what you’ve done to help millions of people, and I’m proud to be your son.

It wasn’t the IPO that moved me—it was Ryan’s words. I realized my true legacy wasn’t in scaling a company but in its impact on people’s lives. My focus shifted from achievement to purpose. This inner shift, reinforced by From Strength to Strength by Arthur Brooks and The Untethered Soul by Michael A. Singer, led me to embrace a new chapter focused on deeper meaning and connection.

My focus shifted from striving to reflecting. Years of meditation and breathwork helped me revisit my earliest memories and embrace my younger self’s light and traumas. I learned that before helping others, we must first find compassion for ourselves. This inner work is the foundation for authentic connection.

Personal and professional challenges became sources of strength, humility, and compassion. As a young mother facing tragic family loss, I was driven to create solutions that mattered. This became my source of passion to serve others. This is our superpower. We turn pain into purpose and fear into courage. Entrepreneurship isn’t about working harder—it’s about working with purpose and heart. I realized my journey wasn’t over. It was an opportunity to harness my experience and help others unleash their light.

Building communities and defining legacy

Entrepreneurship isn’t just about building businesses—it’s about building communities. Women over 50 have the networks, wisdom, and life experience to mentor others, open doors, and sponsor the next generation of leaders. By stepping into entrepreneurship, we invest in ourselves and create a ripple effect that inspires others.

Sponsorship has been a guiding force in my journey. After founding my last company, I prioritized mentoring and actively advocating for younger women in tech and business. I used my platform to open doors and share lessons from my path. This enriched my experience, offering fresh perspectives and the joy of seeing others succeed.

After selling our company in 2020, I took a sabbatical but soon felt called to create again. This time, I focused on giving back the most precious resource—time—to families. Using AI to tackle productivity at home, I’m now on a journey to free up mental clutter and create more space for people to be present in their lives. Our journey doesn’t end with building a business; it continues through the communities and legacies we create.

The future needs more women over 50 building companies

For those considering entrepreneurship later in life, remember: it doesn’t have to mean starting the next big tech giant. It could be a consulting business, an online venture, or anything that aligns with your values. What matters is the opportunity to create an impact and leave a meaningful legacy.

As we navigate this chapter, let’s throw ageism out the door and embrace the power within us. As my son Ryan reminded me, it’s not about checking off accomplishments, it’s about tapping into the strength of “me” and transforming it into a force for change. The world needs the wisdom, empathy, and experience only women over 50 can bring. Whether through mentoring, innovating, or daring to pursue new dreams, we are poised to lead the way in solving the challenges ahead. The beauty of being you post-50 is a journey that’s just beginning.

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