The extensive knowledge and experience that baby boomers have
accumulated throughout their working lives could make them the ideal
entrepreneurs. Increasingly, older workers who are unable to find new
jobs or are looking for increased workplace flexibility go to work for
themselves. Almost a quarter of workers who change jobs after age 51
become self-employed, according to an AARP and Urban Institute analysis.
Here are some tips for becoming an entrepreneur in retirement:
[See 10 Historic Places to Retire.]
Emphasize your experience. Decades of work experience can be a huge advantage in coming up with ideas for a start-up and making a business work. "You want to start with something you already know how to do—a skill that you know you are already good at," says Jeff Williams, chief executive of Bizstarters.com. "The key to having a successful business is to find a problem that you can solve better than other people."
To read the full, original article click on this link: 5 Tips for Becoming an Entrepreneur in Retirement - US News and World Report
Author: Emily Brandon
