A midlife career switch can be a good idea—but be prepared for challenges along the way. In 2014, over a beer, childhood friends Kamal Karanth and Anil Kumar Ethanur decided to quit their high-paying jobs as managing directors of competing international staffing firms and start a business together.
“We never imagined we would start our own company,” says 45-year-old Ethanur, “but I saw entrepreneurship as the ultimate challenge and wanted to give it a shot.” Karanth felt his career was stagnating and wanted to tap into the fast-growing staffing industry, pegged to grow to a $20 billion (around ₹1.3 trillion) market in India. “We weren’t making any difference to our clients beyond filling their recruitment needs,” says 46-year-old Karanth.
