Next Avenue: The do’s and don’ts of starting a business after 50

by | Jan 3, 2023 | Stock Market

This article is reprinted by permission from Early in her career, AnnMaria De Mars, 64, was a statistics professor at Pepperdine University in Malibu, California, but she’s had the entrepreneurial itch for decades. She launched the first of her four businesses when she was in her 20s, one in her 40s and two after 50.

These days, De Mars — who has an M.B.A., an M.A. and a Ph.D. and lives in Santa Monica, California — is president and co-founder of 7 Generation Games, which designs and develops computer games to teach math to kids age 8 to 14, particularly Native American and Spanish-speaking students. De Mars says the name comes from the Iroquois seventh generation philosophy that “that when you make a decision, you should look at how it’s going to affect your grandchildren, and their children and their children’s children.”Gold-medal athlete She’s no slouch outside of the entrepreneurial world, either. When De Mars was in her 20s, she was the first American to win a gold medal at the World Judo Championships, in 1984. She’s now on the California State Athletic Commission. De Mars has also taught math to eighth-graders and at six universities.

AnnMaria De Mars, left, and her daughter Ronda Rousey.

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