Are Baby Boomers Becoming Entrepreneurs?

November 25, 2010

in General

baby boomers becoming entrepreneurs

Baby Boomers Becoming Online Entrepreneurs

More and more baby boomers are deciding to take charge of their retirement by becoming entrepreneurs. Today, these boomers make up almost half of the self-employed workers in America, and the trend to entrenepreurship with this age group is growing fast.

Rather than accepting the traditional view of retirement, where you stop working (and often die sooner), many are deciding to remain in the work force. Each person who makes this decision has their own reason for staying involved. For some it is a financial decision, for others a lifestyle one.

Almost half of the adult Internet users in America are baby boomers or older. With many of this mature group worried about their retirement plans, starting a second business or “retirement business” would seem to be a positive step. And what better place to do so than on the internet?

Baby Boomers

American Adults Online

Why become a Baby Boomer Entrepreneur?  Do any of these reasons resonate with you?

  • You are fit and healthy and know you can contribute to society for many more years.
  • You want to stay involved and engaged with society.
  • You either need or want extra income to make life easier and more pleasant.
  • You have an unfulfilled passion that you want to express and share with others.
  • You are experienced and confident that you can still contribute to society by sharing your knowledge and skills.
  • You have enough financial resources and connections to start a business.
  • You know you can work from home and build an online business.
  • You want the flexibility and independence you can get with your own business.

If you are reaching the age of retirement, or just want to get out of a dead end unfulfilling job, then you may resonate with some of these reasons for deciding to become an entrepreneur. Taking the step to entreneurship should not be done lightly, but it can be one of the most rewarding steps you’ll ever take.

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