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.”
In my new book, “Never Too Old to Get Rich: The Entrepreneur’s Guide to Starting a Business Mid-Life”, I profile 20 entrepreneurs, who have started businesses either from a passion or hobby, are social entrepreneurs, have launched senior-junior partnerships, or are female entrepreneurs — the fastest-growing demographic globally.
Boomers and Gen Xers are on the rise as entrepreneurs and the variety of businesses people are starting in mid-life is amazingly diverse. I interviewed 20 of them for my new book, Never Too Old to Get Rich: The Entrepreneur’s Guide to Starting a Business Mid-Life.
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
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 […]
Rob Lachenauer, a partner and CEO at Banyan Global Family Business Advisors in Boston, says there’s one thing that makes family businesses different from all others. “In a non-family business, you can quit your job and it’s usually a career enhancing move. In a family business, you sure can’t quit your family,” Lachenauer told me. As someone […]
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 […]
Women entrepreneurs who have trouble raising capital for their ventures and managing the month-to-month cash flow often find business credit cards especially helpful. A business credit card provides you a credit line, and, if used prudently, can help your company navigate through periods of lopsided cash flow. Plus, it can provide you a cushion between […]
One of the best decisions I ever made was to declare my freedom from my full-time job as a columnist for a national newspaper and start my own business as a freelancer. That was my personal independence day, and I’ve never looked back. Since then, I’ve also become an author of numerous books, a frequent […]