Taking a family business to next level can be trickier than it is for other small businesses. It’s never a cakewalk to invest and take the inherent risk necessary to expand a business, of course, by hiring the next employee, adding a new product or ser… Continue reading
If you’re planning to start your own business for the first time in midlife, you may want to find a small business mentor. Research shows that 70% of mentored small businesses survive past the five -mark — nearly twice the rate of non-mentored business… Continue reading
There are many perks to being self-employed — flexible hours, the possibility of working from home and, of course, being your own boss. But one major downfall that has historically burdened solopreneurs is the lack of access to traditional employer-spo… Continue reading
Working into your 60s and perhaps 70s is one way to offset a lack of retirement savings and to remain engaged. But how possible is it really? “More and more of us want, and need, to be working longer than we can,” said Ruth Finkelstein, director of the… Continue reading
In his book Wisdom @ Work, entrepreneur and “modern elder” Chip Conley identifies “intergenerational reciprocity” as a wellspring of social and economic opportunity. “When generations were siloed, both older and younger workers were like hermetically s… Continue reading
If you’re a woman over 50 thinking about starting a business, a great way to learn how to do it is by speaking with women entrepreneurs who’ve done so successfully. I just had an opportunity to do just that, talking with three I saw at the What’s Next… Continue reading
Last week, I spent four days at the American Society on Aging’s 2019 Aging in America Conference and the What’s Next Boomer Business Summit, both in New Orleans. My goal: to learn and report on the latest news and trends concerning money, work and vol… Continue reading
Growing numbers of people in the second half of life are embracing entrepreneurship. Yet America’s start-up ecosystem of business incubators, accelerators and co-sharing workspaces largely ignores people over 60 who are eager to launch companies, eithe… Continue reading
What is the state of the job market for older workers? How can we better manage our careers as an asset that is part of a retirement plan? What are the prospects for people thinking of launching second careers as entrepreneurs? This special edition of … Continue reading
About two decades ago, Laura Gassner Otting was a successful, turbocharged executive recruiter for nonprofits. But, she writes in her new book Limitless, she felt “bored, unsatisfied and empty.” And, she told me in an interview, “I was stuck by the de… Continue reading