Baby Boomer Business
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Baby Boomer Business
Helpful information for aspiring baby boomer business owners and entrepreneurs
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Retirement Business Ideas That Will Keep You Secure and Satisfied for Years to Come - Passion For The Impossible

Retirement Business Ideas That Will Keep You Secure and Satisfied for Years to Come - Passion For The Impossible | Baby Boomer Business | Scoop.it
Compared to other retirement business ideas, owners of B & Bs need to do a variety of day-to-day tasks like cooking, cleaning, bookkeeping, management and advertising which could be divided between spouses.
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Here are a few tips to help you identify your retirement business idea.

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Smarter Small Business Blog: Baby Boomer Entrepreneur - Modify Your Dream Or Magnify Your Skills

Smarter Small Business Blog: Baby Boomer Entrepreneur - Modify Your Dream Or Magnify Your Skills | Baby Boomer Business | Scoop.it
@JimConnolly Jim, thank you for the retweet, and more importantly, the inspiration. http://t.co/DKE2MasVBl
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This is my own post. I think it is good. Take a look! :-)

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Which Business is best for you after Retirement? «

Which Business is best for you after Retirement? http://t.co/eZKIl4Lbhz
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Starting a business may be the best way to generate income after retirement or as an encore career. This post shares some of the most important reasons that is true.

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Lifting the lid on secrets of the super rich - NEWS.com.au

Lifting the lid on secrets of the super rich - NEWS.com.au | Baby Boomer Business | Scoop.it
Lifting the lid on secrets of the super rich
NEWS.com.au
Business owners, however, can run their car through their business where appropriate, can claim home office deductions, tax deductions for technology and a range of other things, he says.
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Though this story is written from the perspective of a business in Australia, the principles shared apply inthe US as well. By being an entrepreneur, you can have additional options in retirement that mightnot beavailable to others.

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Author spotlight: 'Age Should Never Be An Excuse For Not Succeeding,' by Chris ... - TCPalm

Author spotlight: 'Age Should Never Be An Excuse For Not Succeeding,' by Chris ... - TCPalm | Baby Boomer Business | Scoop.it
Author spotlight: 'Age Should Never Be An Excuse For Not Succeeding,' by Chris ...
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Mr. Chris Vaca is an example of a baby boomer who came back from facing econic challenges at the time of traditional retirement. He has gone on to write this book to share a model for other baby boomers who might face similar challenges. He has an encore career as an author.

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Are Retirement's Days Numbered?

Traditional retirement may not be in the cards for Generation Flux. Believe it or not we might be happier and healthier that way.
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Certainly the trend is that retirement may be retired. Encore careers are on the rise. These feature various forms of "semi-retirement" that may be the future alternatives to retirement as we know it today.

 

Baby Boomer Business ownership is one of the fast growing examples of this trend. People are starting businesses to continue to earn income during their retirement years.

 

The advantage is that businesses can be structured so that the owner is selling a result rather than selling time. This allows the owner to structure the process in a way that frees up their time to experience the time freedom that we have come to connect with the idea of retirement.

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How to manage what you can control in retirement

How to manage what you can control in retirement | Baby Boomer Business | Scoop.it
With stock volatility back and bonds looking vulnerable to rising interest rates, it's more important than ever for retirees, and those soon to be, to manage what they can control.
Shallie Bey's insight:

The article supports the reason you may want to become a baby boomer business owner. Traditional retirement advice is to build a pile of assets and then live off 4% of the assets each year. Of course, this general rule runs into possible problems:

1. Your pile of money may not be big enough.
2. Your financial market returns may not be good enough to keep pace.

3. You might still outlive the money, even if everything is done well.

 

That is whyhaving a business is of interest to you as an encore career prospect. A well executed business continues to earn money for you to supplement your retirement. Secondly, if you develop a business with good systems and management, the business may not depend upon you working to maintain the encome.

 

Shallie Bey - The Business Dream Weaver

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Baby Boomer Media

Baby Boomer Media | Baby Boomer Business | Scoop.it
Baby Boomer Media is an online resource for active baby boomers. We add new content weekly that covers topics including health, wealth, travel & more.
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Baby Boomer Media publishes a blog with lots of information that will be of interest to baby boomers. Here, we curate the topic of baby boomers owning businesses. There are lots of related topic such as maintaining your health that you might find on the Baby Boomer Media site. They discuss money and business too.

 

Shallie Bey - The Business Dream Weaver

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The Art of Writing a successful Newsletter

The Art of Writing a successful Newsletter | Baby Boomer Business | Scoop.it

For most webmasters, a newsletter is nothing more than a way to advertise. It is used as incessant spam, sent again and again to non-consenting mailboxes. But a newsletter is much more than this - it is a powerful link between a website and its visitor, and it really is an art to know how to make use of it.

 

In this article we go through the different necessary steps to create a good newsletter for entrepreneurs that support your Social Media work and improve your image on the web.

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Is an 'Encore Career' an Option for You? | Save | Savings | Get the best rates on mortgage, home equity loans, CD, money markets and checking accounts | BankingMyWay

Is an 'Encore Career' an Option for You? | Save | Savings | Get the best rates on mortgage, home equity loans, CD, money markets and checking accounts | BankingMyWay | Baby Boomer Business | Scoop.it
NEW YORK (MainStreet) – Middle-aged Americans who want to switch careers in their 40s and 50s have a problem: While they’d love to follow their passion, they (Financial planning needed re: pursuing #encorecareers, says this article highlighting new...
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Accelerate Your Career With This Free Online Chat | Encore Careers

Accelerate Your Career With This Free Online Chat | Encore Careers | Baby Boomer Business | Scoop.it
Encore Careers helps people over 50 find new careers!
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What Is Your Retirement Plan Baby Boomer?

What Is Your Retirement Plan Baby Boomer? | Baby Boomer Business | Scoop.it
If you are a Baby Boomer you had better pay attention. I heard some pretty scary statistics the other day and thought I would share them here with all of you. (What Is Your Retirement Plan Baby Boomer?
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Screen Capture Software

Screen Capture Software | Baby Boomer Business | Scoop.it

Capture anything you see on your PC screen with SnapIt. It is convenient tool for graphic designers, bloggers who capture and crop images for their posts, for tech writers who need to describe menus and interfaces of applications, web designers and those who work with graphics every day. It captures and auto saves images with one click.

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Baby Boomer Entrepreneur - Make Mental Health Part of Your Mindset

Baby Boomer Entrepreneur - Make Mental Health Part of Your Mindset | Baby Boomer Business | Scoop.it
As baby boomer entrepreneurs, there are things that are unique to us. But, as I have said before, there are some universal principles for entrepreneurs of any age. Making your mental health a priority...
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A big part of your entrepreneurial mindset is maintaining your mental health. This is a discussion of why that is important.

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Words Of Wisdom To Anyone Eager To Start An Encore Career

Words Of Wisdom To Anyone Eager To Start An Encore Career | Baby Boomer Business | Scoop.it
The author of the 'Encore Career Handbook' delivers a commencement speech to fiftysomethings who are about to make the world a better place.
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Encore Career students are graduating to a new phase of life. Read this post to see if anencore career is right for you.

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Some head back to the land — when other work is done - Kansas City Star

Some head back to the land — when other work is done - Kansas City Star | Baby Boomer Business | Scoop.it
Kansas City Star Some head back to the land — when other work is done Kansas City Star It's not surprising that retirees are starting their own businesses — 12 percent to 15 percent of baby boomers are projected to after retirement — or doing...
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Baby boomers are returning to the land as their encore careers. This story gives  a good example.

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The Affordable Care Act: The Key to Opening “Job Lock” for Entrepreneurs - Daily Journal Online

The Affordable Care Act: The Key to Opening “Job Lock” for Entrepreneurs - Daily Journal Online | Baby Boomer Business | Scoop.it
The Affordable Care Act: The Key to Opening “Job Lock” for Entrepreneurs Daily Journal Online As the number of self-employed individuals continues to grow thanks to technology that allows more geographic flexibility and baby boomers looking to open...
Shallie Bey's insight:

One of the greatest fears people have about starting a business is not being able to afford insurance. It seems that "The Affordable Care Act" may actually provide a solution for you if you find yourself locked in a job by the need to have insurance. This may benefit aspiring entrepreneurs of any generation.

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Executive Q&A: Would-be broadcaster turns typing, cleaning experiences into ... - NewsOK.com

Executive Q&A: Would-be broadcaster turns typing, cleaning experiences into ... - NewsOK.com | Baby Boomer Business | Scoop.it
Executive Q&A: Would-be broadcaster turns typing, cleaning experiences into ...
Shallie Bey's insight:

Though the lady profiled here is not quite a baby boomer, she is an excellent example of the idea of building a business to leverage your time. This business does not depend upon her to personally do the work needed to satisfy customers.

 

If you, as an owner can free yourself from personally having to perform the work, you can hire a manager for the business and assure a cash stream, even if you have health issues later. This is perhaps one of the greatest advantages of encore entrepreneurship as your choice of how to have an encore career.

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Smarter Small Business Blog: Baby Boomer: What Does Being An Entrepreneur Mean To You?

Smarter Small Business Blog: Baby Boomer: What Does Being An Entrepreneur Mean To You? | Baby Boomer Business | Scoop.it
As an aspiring Baby Boomer Entrepreneur, you probably know what you want to be. However, it is interesting that what you want to be may be very different from what I want to be as an entrepreneur. In...
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The definition of being an entrepreneur is very different among people. This article will sahe mu thoughts with you.

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Encore.org | combine purpose, passion and a paycheck.

Encore.org | combine purpose, passion and a paycheck. | Baby Boomer Business | Scoop.it
Looking for an Encore career? Get help from Marci Alboher's, "Encore Career Handbook"
http://t.co/FneZALnCuJ
Shallie Bey's insight:

The Encore Career movement is the name most commonly applied to the new careers baby boomers are creating as alternatives to raditional retirement. Marci Alboher shares what she has observed as a leader in helping baby boomers make this transition. See what she has to say. You can even follow her on Twitter at @HeyMarci.

 

Shallie Bey - The Business Dream Weaver

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The rise of older entrepreneurs - Sage Vita

The rise of older entrepreneurs - Sage Vita | Baby Boomer Business | Scoop.it
The numbers of older entrepreneurs are growing on both sides of the Atlantic. This trend is similar in the US where entrepreneurship is highly prized. (Seniors have advantages as entrepreneurs.
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Baby boomers are increasingly turning toward entrepreneurship as an alternative to retirement. This article discusses reasons for that trend and shares some new statistics.

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Pensioners return to work as poverty and boredom take their toll

Pensioners return to work as poverty and boredom take their toll | Baby Boomer Business | Scoop.it
Mounting financial pressures and lack of social interaction have forced 1 million retired people back to work, according to a new survey.
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Encore Careers: Civic Ventures Study Finds Transition Is Tough : MyCareersTips.info – Handy Tips & Advice on Careers! | Jobs | Career tips |

Encore Careers: Civic Ventures Study Finds Transition Is Tough: Transitioning into an “encore career” can be a l...
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What's your Plan B? - MiamiHerald.com

What's your Plan B? - MiamiHerald.com | Baby Boomer Business | Scoop.it
What's your Plan B?MiamiHerald.comHave you made a career transformation or reinvention out of necessity? Perhaps you are looking to follow your passion for your encore career. Tell us about it.
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Bridging the Gap to an Encore Career

Bridging the Gap to an Encore Career | Baby Boomer Business | Scoop.it
New approaches and small investments in midlife transitions can help millions of people secure their own financial futures so they can help others in their encore careers.
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