There are the less tangible benefits of being in a family business poised to grow. Family members offer emotional support, which often comes in handy when facing the turbulence and risk of growth. A family firm is also able to make quick decisions — quicker than non-family firms — because of the high-trust environment.
If you’re thinking about starting a business, a great way to learn how to do it is by speaking with women entrepreneurs who’ve done so successfully. I just had an opportunity to do just that, talking with three I saw at the What’s Next Boomer Business Summit in New Orleans
“First and foremost, for us, the life we want to create is the target, while money is the tool that helps us achieve it. For many men, it is the other way around.”
The older partner can bring decades of experience, potential clients or customers and possibly capital while the younger one can deliver the ambition of someone in the early stages of a career, plus an eagerness to try new ways of doing things.
RetirementRevised.com podcast features answers to questions about the job market for workers over 50 from two experts: Next Avenue blogger and author Kerry Hannon and career coach and author John Tarnoff.
“Submitting resumés online lets job seekers feel like they’re looking for a job, but it’s like watching someone beating up a vending machine completely unwilling to accept that it just ate his or her money.”
The barriers to accumulating wealth for women are daunting. Recommendations from a Senate hearing and a think tank briefing. The financial challenges women face to achieve financial security in retirement can be huge, as a Senate Special Committee on Aging hearing and an Employee Benefit Research Institute (EBRI) briefing last week demonstrated starkly. And with the […]
“Once you have been to a place, you have a feel for it,” Cliff says. “As you get older, you appreciate the subtleties a little more. You have done all the tourist stuff but getting to walk in the neighborhoods and feeling like you are living there by going to the grocery stores and markets, is the magic. You’re part of the fabric of the culture and not just a tourist.
There’s something romantic about the term entrepreneurship, especially when you’re considering starting a second act. The chance to be your own boss and spend your time doing work you love may seem enticing. But it can also be reckless. “For those who choose to jump into the game when they’re 50 years old or older […]
I love M&Ms and have since my mom tucked them inside my brown paper lunch bag to take to school for a recess snack. (It was the ‘70s.) They’re still my go-to pick-me-up on many occasions. Today, though, there’s another reason I support M&Ms’ maker, the huge family-owned business Mars: its social mission of making […]