You gotta be nuts!

Wednesday, July 23rd, 2008

Many of us have been ingrained with the thought that retirement is going to be this time of bliss when we can do what we want whenever we want.  We often view it as that period of our lives when we no longer want anything to do with “punching a clock”. We’ll travel, play golf, visit the kids and grandkids, complete long delayed projects, and visit friends. 

Once we have satisfied these desires, we may find ourselves bored and wanting to do something more.  Many may return to work and others may choose to start a business.  Some may view you as being nuts - especially if you want to start a business at “your age”.

I recently talked with two such individuals, and they are happy to be starting their business venture.  They feel they have the health, life and business experiences, wisdom and financing to launch a successful business venture. They look at it as a challenge not just an opportunity to make money, or “get out of the house.” 

Studies by AARP and Morgan Stanley, confirm that many individuals over 50 want to, and are, starting businesses. If you’re contemplating starting a business there are plenty of resources available to assist you. 

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How Old Is Too Old To Start A Business?

Tuesday, May 13th, 2008

Age today is not as relevant as it used to be. We hear about and read often about individuals in their 60’s, 70’s 80’s and even 90’s still teaching, starting/managing businesses, and being involved in an active lifestyle. Individuals today are generally more healthy, more interested in doing things, and have access to more information on life long active living.

So how old is too old really depends upon each individual. We can find a 50 year old who is ready to retire and  “play golf all week”, and we can find other older individuals who are ready to take on new challenges such as starting or buying a business. Some good examples include; Ray Kroc (McDonald’s), Colonel Sanders (Kentucky Fried Chicken), Jack Weil (Rockmount Ranch Wear), and Lisa Gable (L.G. Accessories).

We think an individual who has energy, passion, motivation, and interest, can create a business.

So how old is too old? – you tell us.

 

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