Today, becoming a Seniorpreneur can often be an opportunity to vault a personal passion into a viable business. And as it turns out, being a business owner in this age group has a number of distinct advantages.
1. Decades of Experience
It goes without saying that we will bring decades of experience to our new business endeavour – an important quality often overlooked with so much media coverage of young start-ups today. Our previous experience and tacit knowledge can also help to recognize unique business opportunities.
2. Existing Networks
Seniorpreneurs have already spent years building up a network of professional contacts, which can provide a huge head start over younger entrepreneurs starting businesses. Even if we launch a business in a completely different industry from our previous career, the personal networks we have built up over the years can be an invaluable resource.
3. Greater Financial Flexibility
Without the financial commitments that go hand-in-hand with young adulthood – such as student loans, first-time home ownership and growing families – many Seniorpreneurs will have more flexibility to grow their business on their own terms. Their credentials and long-term financial records can also make it easier to obtain financing for their business.
4. Different Motivations
Many Seniorpreneurs who are pursuing encore careers have different motivation than younger entrepreneurs. Rapid growth, wealth accumulation and success may be less of a priority, and they may be more oriented toward long-term thinking.
In addition to these advantages as business owners, those of us 55 and over also experience an important personal benefit from becoming entrepreneurs – the opportunity to stay active and socially engaged during our later years.
As a Seniorpreneurs Club Member, you will be joining an awesome group of people over the age of 55 with the opportunity to vault personal passion into a viable business.
As it turns out, being a business owner in our age group has a number of distinct advantages that we will explore in the Seniorpreneurs Club.
Come and join us today!