Ray Kroc earned over $500 million in his lifetime. But his successful franchise didn't come to fruition until he was in his 60s. He purchased McDonalds at 57 years old.

He was a musician, and ambulance driver and sold blenders and milkshake machines for most of his life. He started and failed at many businesses along the way.

Harland "Colonel" Sanders start being successful in his 60s, at 65 he used his social security check to start franchising his restaurants....