Over 50 and Starting a Business
Starting a business at the age of 50+ may be just the right move for you. Heck you’ve got the patience, life experience, and a mindset that you likely you didn’t have in your 20’s and 30’s. According to Entrepreneur Magazine (online), many entrepreneurs don’t even think about launching their own business until they are in their 30s, 40s, and even 50s.
Jeff Williams, founder of Bizstarters.com says “Age is a hindrance in the corporate job world, but it’s a major benefit in the entrepreneurial world.,” Bizstarters.com is a website for boomer entrepreneurs. (Source: RLTV) and has a wealth of information for SeniorPreneurs. According to developmental psychologist Erik Erikson, between the ages of 40 – 64, we are driven by our longing to live a meaningful life which often fuels creativity.
When creating a new business, networking is essential. Seniors have spent a lifetime working, volunteering, and creating relationships. These relationships play a crucial role in business start-ups. Your existing network is where you start by letting your network know you have started a business. Word spreads fast and your network wants to see you succeed.
SeniorPreneurs: A Growing Trend
Below is some of the best information available online for Senior Entrepreneurs.
Success.com article Seniorpreneurs, The Next Boom?
SeniorEntrepreneurshipWorks: A website dedicated to SeniorPreneurs
New York Times article about SeniorPreneur, Marilyn Arnold
The internet is abound with information about starting a business after the age of 40 or 50. Go ahead and Google SeniorPreneur or Senior Entrepreneur and you’ll be surprised at how your far-fetched business idea at age 50 is not so far-fetched at all.
As a life coach, I help people just like you, gain razor-sharp focus on the steps needed to achieve your goal. You may be eligible for a 30 minute sample session. Use the form below to contact me and let’s plan to chat for just a few minutes. At age 54, I know exactly what it’s like starting a business after 50.
My entire business is based upon the principle that “Every day presents another opportunity to hit the reset button on your life.” Charita Cadenhead