It's always gratifying to see a new start-up succeed. The Telegraph, a newspaper in the United Kingdom, recently covered a story about Suzanne Noble, a British-American entrepreneur who started a school for older workers who want to be entrepreneurs. Based in London, the service helps the over 50+ worker who has been displaced or forcibly retired get the necessary skills to start their own business. It's the stepping stone to financial independence for a whole new group of retirees.
The Telegraph article outlines how the school works and how to sign up. Importantly it highlights the increase in confidence the course provides to those who think that their worklife is over, and cites several success stories told by workers over 60. Online courses in this area are growing because the demand is there.
Not everyone is geared to be an entrepreneur. It takes an appetite for risk and a lot of planning. Financial planning for a new business startup is key. Understanding cash flow, negotiating loans to get started and grow, and how vendors need to be paid are part of the curriculum. Like entrepreneurs of any age, you have to be willing to do every kind of job including taking out the garbage, managing difficult customers, and going the extra mile even when you are exhausted. We know from our own experience that it isn't easy. But it can be worth it. A lot can happen in your own business both positive and negative, but one thing for sure your boss can't fire you!
