In a recent US Senate hearing, Elizabeth Isele, co-founder of Senior Entrepreneurship Works and Conchy Bretos, the CEO of MIA Senior Living Solutions outlined the opportunities and challenges facing older entrepreneurs. Presenting to a panel of senators and government officials, they explained that small businesses provide huge value to the economy. They also revealed that, in fact, individuals between 55 and 64 make up the largest percentage of new small business owners.
For the first time in history, four generations are present side by side in the workplace. A great grandmother in her 70s can be working alongside the grandchild of a neighbour. Multi-generational workforce dynamics are becoming more complicated with longevity increasing and retirement being delayed – there are many aspects of working with people from other generations that are fun and refreshing, but there are also some potential challenges and pitfalls to keep in mind.
As we reach our 60s, many women are finding that the careers that supported us for decades are coming to an end. This represents a challenge and an opportunity. On the one hand, letting go of what we have always done is scary. In addition, many of us worry about how we will support ourselves financially in the years ahead. On the other hand, leaving one job behind is an opportunity to start something new – an encore career that will give us meaning and, hopefully, a little extra money.
As December closes, we are starting to see the countdown to the “Best of 2013” and “Big Trends for 2014.” I take most of these articles with a grain of salt and normally find that a lot of my own ideas go in a different direction than the “experts”. I do, however, look for observations and predictions from sites I trust and respect.
Today, I came across Business Insider’s take on “Trends That Will Define 2014” and found that they include some interesting and relevant points for women over 60. Here are some of the trends they say will define the upcoming year.
Kerry Hannon is an expert on personal finance and careers for boomer women and is my special guest in this episode of the Sixty and Me Show. Kerry is a writer for Forbes magazine and Next Avenue and is AARP’s Jobs Expert. Kerry is also the author of the best-selling book Great Jobs for Everyone 50+.
A few years ago, while I was working for a large corporation, I was asked to prepare a presentation on the concept of “trust” in selling. At best, I knew that I would only have a few seconds to capture the audience’s attention. So, I decided to take a highly visual approach to get my message across. I wanted a presentation filled with powerful images that would allow the audience to feel my message before they thought about it.
Losing a job is always stressful. Many women over 60 have had careers filled with brilliant highs and terrifying lows, failures mixed with glowing achievements and recognition. But today, the impermanence of the workplace doesn’t linger on the positive but pushes employers and employees into a less connected and committed relationship.