She ditched retirement to launch a startup at 60. Despite no tech experience, founder-CEO works 70-hour weeks with a clear exit strategy

The Economic Times
The Economic Times
3M ago
131 views
At 60, Karen Hastie launched the Chamber Perks App after selling her fitness business. Despite lacking tech experience, she built a skilled team and works 60-70 hours weekly, focusing on purpose over profit. Her strategic exit plan ensures sustainability while supporting local Chambers of Commerce. Karen's story exemplifies how passion and adaptability can redefine retirement and inspire late-stage entrepreneurship.
She ditched retirement to launch a startup at 60. Despite no tech experience, founder-CEO works 70-hour weeks with a clear exit strategy
A What happened
At 60, Karen Hastie launched the Chamber Perks App after selling her fitness business. Despite lacking tech experience, she built a skilled team and works 60-70 hours weekly, focusing on purpose over profit. Her strategic exit plan ensures sustainability while supporting local Chambers of Commerce. Karen's story exemplifies how passion and adaptability can redefine retirement and inspire late-stage entrepreneurship.
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Key insights

  • 1

    Late-Stage Entrepreneurship: Karen's journey shows that age does not limit entrepreneurial potential.

  • 2

    Team Building: She assembled a skilled team to support her tech venture.

  • 3

    Work-Life Balance: Karen adjusted her work habits to respect younger employees' expectations.

Takeaways

Karen Hastie's experience highlights the evolving nature of entrepreneurship and the potential for success at any age.

Topics

Business & Markets Economy Startups/VC Work & Education Careers & Work