Paul Tasner used to be a director of operations for a consumer products company in San Francisco – until he was fired in 2009 at age 64.
Two years later, Tasner became a first-time entrepreneur. He’s now channeling his concern for the environment into Pulpworks, which designs and manufactures biodegradable, planet-friendly packaging for consumer goods.
“I am doing the most rewarding and meaningful work of my life right now,” he says in a TED Talk titled “How I became an entrepreneur at 66.”
Tasner cites data from the Chartered Management institute (CMI) that shows older entrepreneurs have a 70% success rate for launching new ventures versus 28% for their younger counterparts. Still, late-blooming entrepreneurs don’t always receive the recognition or support that they should.
“That’s why I’d like to make the expression 70 over 70 just as commonplace as 30 under 30,” says Tasner, who’s started a new forum to generate discussion about people who begin businesses later in life.
Watch Tasner’s TED Talk by clicking below.