You may be newly retired, or nearing the end of a successful career. In either case, you may be wondering, what’s next? Encore entrepreneurship could be the answer if you’re not ready for retirement and have more to share with the world.
Encore entrepreneurs are individuals who are interested in leveraging their career and life experience to start and grow their own business. It’s a fast-growing market: people in their 50’s and beyond who are creating small businesses from their experience, expertise, interests and skills. In fact, entrepreneurs who are 50 and older start more new businesses than any other age group in the U.S., including Millennials. And: Their experience and work ethic is helping encore entrepreneurs create some of the most successful new businesses around.
As a former SBA, SBDC and PTAP consultant, I had always had a passion for working with Women, Minority and Veteran-owned businesses. Now I am also advising Encore Entrepreneurs on how to build a better business from the ground up.
Who makes a good encore entrepreneur? Passion, work ethic, a desire to help others by providing a useful product or service and a willingness to understand how today’s marketplace really works. Take the AARP quiz to see if you have what it takes to be a successful entrepreneur:
What is the best way to get started? You can get some general pointers from the SBA website on what it takes to be an encore entrepreneur. Then let us know how we can help. Entrepreneurship is a very personal journey – one that is best begun with personalized, professional input and objective advice.
Encore Business Advisors can help, whether you are still exploring options, or looking to launch or grow your new business concept. Contact Us today.