It is possible for small businesses to come out even stronger, said Scott Shigeoka, an entrepreneurship coach. “There will be small operators like Iwi Fresh that walk away from this time with a more diverse customer base, stronger business model, new partnerships and resilience to future crises or pandemics.”
Join Kerry Hannon, author of Never Too Old to Get Rich: The Entrepreneur’s Guide to Starting a Business Mid-Life, to dive into your story and start taking the steps to craft your own business path. Alongside Kerry and MEA Founder, Chip Conley, you will dissect what it takes to rewrite your second act and become an entrepreneur.
It’s generally acknowledged that women get a fraction of venture capital globally, and that those who are black, Hispanic or Asian get significantly less.“Money is the biggest stumbling block for female-led start-ups,” said Suzanne Norris, a partner at Victress Capital, a Boston-based firm that invests in companies with female founders and gender-diverse teams.
“If it’s something you’re passionate about, find a way to start testing it and doing it, even if it’s on a really small scale,” Ms. Miller said.
The Washington Post’s Color of Money Book Club pick: “It’s about fearlessly creating something new regardless of your age,” Hannon writes. “It’s scary. It’s risky. It’s hard work, and most entrepreneurs I have interviewed have told me that their only regret is that they didn’t do it sooner.”
Retirement was not an option for Paul Tasner. So he devised an idea for a potential new business, motivated somewhat by his time at Method, where he had experienced a late-in-life switch to a deep concern for preserving the earth. As Tasner told me, “I felt a passion to make a difference for people and the planet.”
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.
Leapfrog is the title of a clever, helpful new book for women entrepreneurs by Nathalie Molina Niño, CEO and founder of BRAVA Investments. Molina Niño’s company invests in startups and supports businesses that can prove “they are creating a measurable economic benefit that puts more money in the wallets of women.” Her version of leapfrog, though, is […]
Dell Gines, the author of an intriguing new report from the Federal Reserve Bank of Kansas City, Black Women Business StartUps, loves this quote attributed to Reid Hoffman, co-founder of LinkedIn: “An entrepreneur is someone who will jump off a cliff and assemble an airplane on the way down.” But for black women entrepreneurs, Gines quickly adds, “they do […]