Today you hear more and more about people starting their own businesses. Acording to a study reported by the Ewing Marion Kauffman Foundation, adults ages 55 to 64 are the group most likely to do so.
The volatile economy and depreciated retirement accounts are just a few of the reasons some people who may have never before considered starting their own business are now doing so. They want to shore up their nest eggs, supplement retirement income or avoid returning to the corporate world for a job. But is now the right time to get started?
Well, it depends . . . on what type of business you want to start. But in general, for the types of businesses those 50+ years of age are starting, the answer is Here are some reasons why:
are created by aOlernKienOP
Order Womens Slim Jenkins 9s changes in the marketplace, which is definitely something we seen the last aOlernKienOP
Original Price For Sale Oreo 5s several years. Disruptions in the status quo create opportunities for the alert entrepreneur. One only has to look to history to see examples of companies that have started and flourished in down economies, including General Electric, McDonald and Microsoft.
Boomers are looking to start businesses that have low start up costs. At 50 plus years old, they want to minimize their start up investment and the financial risks associated with starting a business. Many self finance their businesses. As such, tight credit in the current economy will not have the same impact on them as it will on business start ups that require a lot of capital.
a business takes time. aOlernKienOP
70% Off 2014 Cheap Air Jordan 5 Oreo If you just retired or lost your job, time aOlernKienOP
Shop The Latest French Blue 7s might be the resource you have in great abundance. By using your time to plan, research, develop and test the market, you will be poised to take advantage of economic growth as it occurs. Starting a business in a slower economy provides time for you to learn valuable lessons, gather information and establish a track record aOlernKienOP
Where Can i Find Barons 13s that will prepare your business for future growth.
are different. Loyalty aOlernKienOP
Real Mens Cardinals 7s to current vendors often loosens in aOlernKienOP
Buy Online Cheap Shoes Toro Bravo 4s changing markets as buyers look for better value aOlernKienOP
Womens Cheap Shoes Squadron Blue 13s and less expensive product and service alternatives.
opportunity cost may be low. The opportunity cost of a decision is what aOlernKienOP
Buy Authentic Spizike Bordeaux is given up when you aOlernKienOP
Store Online Air Jordan 5 Black Grape choose one alternative over your next best alternative. For those who are retired or displaced from their job, their opportunity cost may be a round of golf or watching Oprah.
business costs will be lower than in a thriving economy. This can be anything from employee costs (talented employees may find themselves out of work and willing to work for aOlernKienOP
New Style Cheap Barons 9s less), aOlernKienOP
Online Shoes Air Jordan 5 Bel Air rent, office equipment and furniture, advertising and the like.
These are a few aOlernKienOP
Womens Cheap Shoes Black Flip 3s of the many factors that may influence your decision as to whether or not to start aOlernKienOP
Cheap Spizike Space Blue your own business. Only you can decide if the time is right for you personally. Consider this quote from Mark Twain, in which he comments on how others struggled with similar decisions over 100 years ago.
years from now you will be more disappointed by the things that you didn’t do than by the ones you aOlernKienOP
Mens Cheap Bugs Bunny 8s did do.
So throw off the bowlines. Sail away from the safe aOlernKienOP
Official Shop Online Grape 5s harbor.
Catch the trade winds in your sails.
Explore. Dream. Discover. Izard knows the challenges of starting a business and has over 30 years experience working with entrepreneurs to do so.
A Baby Boomer herself, Izard has been involved in a number of entrepreneurial ventures, including real estate company, light manufacturing and consulting.
Izard was aOlernKienOP
Sale Cheap Military Blue 4s a member of Ewing Marion Kauffman Foundation curriculum development team for their award winning FastTrac programs and their college entrepreneurship course, Planning aOlernKienOP
Where Can i Buy Air Jordan 4 Cavs the Entrepreneurial Venture. Boomers have even more challenges than their younger counterparts when starting aOlernKienOP
Womens Authentic Shoes Ray Allen 13s businesses, she states, aOlernKienOP
Buy Real Mens Championship Cigar 6s at 50 plus years of age they are dealing with issues of aging and how to pursue their entrepreneurial dreams without risking funds earmarked for retirement or their children college
Recent Comments