By Edward G. Rogoff

ISBN-10: 0979152291

ISBN-13: 9780979152290

For thousands of people, altering financial and social traits have performed away with the "golden years." As it seems, this isn't this type of undesirable thing. In truth, it may be good. Emerging social styles locate an lively, engaged and pushed crew of over 50 visionaries, reason on developing their very own specialist opportunities. Whether it truly is out of useful necessity or own success, the infant increase new release is refusing to part themselves out of the staff. in its place, they're turning age, services and collected adventure right into a significant advantage—by beginning their very own company, and via residing their very long time dream.   With an enlightening mixture of real-life tales and hands-on recommendation, the second one probability Revolution: changing into your personal Boss After 50 breaks clean floor. Its many stories supply an inspiring but functional how-to booklet for the entrepreneurially-minded women and men during this interesting part of life—people who dream of eventually operating for themselves, and who, during this informative, no-nonsense ebook, will locate the suggestions they're looking for taking this daring and life-changing leap.   This publication deals readers exact details for the felony, monetary, administrative, technological, mental and kinfolk existence matters particular to entrepreneurship within the moment 1/2 lifestyles, including: •  picking the kind of entrepreneurial task most fitted to present funds, time constraints, own pursuits, family members state of affairs, and temperament.•  Making the best start-up company offerings and judgements from a 50+ point of view. •  heading off the ten most typical over-50 entrepreneurial mistakes.•  Getting a enterprise up and working easily. Then conserving it that way.•  studying what one must learn about 50+ entrepreneurship vis-?-vis taxes, felony concerns, franchising possibilities, time administration, domestic workplace suggestions, technological training.•  procuring or to not purchase right into a franchise.•  Negotiating 50+ own financial issues akin to medical health insurance, self-employment tax, property making plans, Social safety, and more.•  Availing oneself of the neatest entrepreneurial info, knowledge, methods, and assets on hand within the kingdom at the present time.

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Extra resources for The Second Chance Revolution: Becoming Your Own Boss After 50

Sample text

What is your basic business idea? 2. Describe the product or service you wish to sell. 3. In which ways could you modify the product or service in order to: A. Give it more status B. Make it less expensive C. Expand the product line D. Fill orders faster E. Find a way to have it patented or copyrighted F. Create a strong brand name Basic idea Variations Choosing an Entrepreneurial Profession That’s Right for You 4. A. Who or what is the prime market for your product or service? B. Can you modify the product or service to make it appeal to different age, gender, ethnic, and geographical target groups?

List what you already know about running certain businesses, and make note of the people you know in these fields. This exercise should help give you a clear 40 The Second Chance Revolution: Becoming Your Own Boss After 50 idea of the type of professions you’re most suited to pursue. If “follow your bliss” is the mantra for youthful newbie entrepreneurs, “follow your bliss along with your expertise” should be the theme for every aspiring businessperson over fifty. A kissing cousin of the section above, finding a second career over fifty is automatically made easier for you because you already know so many people in your field.

Filling in the following grid will help you to: m Define the skills, abilities, and personality characteristics that are required to make your business a success m Assess your strengths and weaknesses to see if you are well suited to run this business m Define the gaps between what you already have and what you will soon need m If necessary, make certain changes to your management to ensure they have all the strengths needed to make your business a success Choosing an Entrepreneurial Profession That’s Right for You 51 VAT Worksheet: Making a Match Among Your Venture, Your Team, and You Possible Needs Do You Need It?

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The Second Chance Revolution: Becoming Your Own Boss After 50 by Edward G. Rogoff


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