Every year, thousands of people take that first brave step and set up their own business. These people are from all walks of life. Contrary to popular stereotypes, many first-time entrepreneurs are in their 50s and 60s.
It’s always heartening to hear stories of entrepreneurs starting from scratch and doing well. Though anyone who runs their own business will understand how much effort it takes to get a new venture off the ground. I hope that my own entrepreneurial story will encourage the other women in the Sixty and Me community to follow their passions.
In previous articles, I covered how to improve your crafting skills and how to decide which items to produce. If you have already followed this advice, you should already be well on your way to building a successful business. Now, I would like to take a look at another critical step in the process – deciding how and where to sell your handmade items online.
In a previous article, I discussed how to improve your craft skills so that you can get ready to sell your handmade items online. But, once you feel like you have reached a certain level of proficiency, the question still remains – what should you produce?
If you think about the word “entrepreneur,” what image springs to mind? Maybe you thought of the actor who played Marc Zuckerberg in the film, “The Social Network”. Or, perhaps you imagined Bill Gates, Steve Jobs or another young technology genius, who started a technology empire from his or her basement. You probably didn’t think of a retired 57-year old tax consultant from St. Louis. If so, your instinct was way off.
A lot of women in their 60s would love to make a little extra money on the side, preferably doing something they love. Unfortunately jobs for seniors are hard to come by these days.
Besides, after decades trying to climb the corporate ladder, many of us are reluctant to start something too serious. At the same time, we would like to earn some “fun money” for travel, gifts and little luxuries. The question is – where should we start?
As we approach retirement, it’s natural to think about how we are going to support ourselves in the decades ahead. Starting a business is an option, but, most of us don’t know where to start. In addition, we are constantly exposed to images of 20-something entrepreneurs succeeding. If the media is to be believed, older entrepreneurs don’t stand a chance. Or do they?
When I asked the 44,000 members of the Sixty and Me community what was preventing them from starting a business, by far the most common response was “I don’t have a business idea.” As I mentioned in part 1 of this series, the first step to take when starting a business is to examine your own strengths. But, what next?
Most people think that successful businesses start with an idea. They don’t. Successful businesses start with a person. More specifically, they begin when a person recognizes his or her unique talents and sets out to improve the lives of others.
If this seems obvious, think about the number of people who never start a business because they “can’t think of an idea” or “don’t know where to start.” Many of these people could become successful freelancers, small business owners or entrepreneurs, if they examined themselves before looking for ideas.
What if I told you that there was a simple way to boost your energy, generate business ideas faster, keep your brain healthy, increase your confidence and reduce your stress? Would you be interested? No, I’m not talking about a new $1000 motivation course or nutritional supplement. I’m talking about exercise.
Of course, it’s no secret that exercise can have a positive impact on your productivity at any age, so, why talk about it here? Because, while younger entrepreneurs may experience “significant” benefits from exercise, older entrepreneurs describe the effects of regular exercise as “life-changing” and “profound.”
Does the way we think about words like “retirement” and “bingo” change our behavior? Could aging stereotypes even have an impact on how many of us decide to start a business after 50?
According to a 1996 study by John Bargh, and published in the Journal of Personality and Social Psychology, there is reason to believe that they do. As a result, it is more important than ever for us to redefine retirement and provide positive examples for each other of what we can accomplish in our 50s, 60s and beyond.