Becoming an entrepreneur may be the answer for Baby Boomers

Becoming an entrepreneur may be the answer for baby boomers who have not saved enough for retirement

 

 

I recently read a survey that when asked what about retirement savings decision they most regret, more than half of those between the ages of 40 and 49 say they didn’t start saving early enough.

Not all baby boomers may find the prospect of entrepreneurship appealing, but for many business ownership promises a level of autonomy and fulfillment that can’t be had otherwise. Some are able to turn their passions into second careers and couldn’t be happier. For those dreaming of turning a hobby into a living, or longing to be their own boss after years of working for others, a second career as an entrepreneur be a viable solution.

While the millennials may have the edge when it comes to being willing to stay up all night eating takeout pizza while working, older entrepreneurs bring the advantage of a deep knowledge built up from years in the workforce. Plus, some older entrepreneurs have management experience and large professional networks.

It’s been reported that 25 percent of baby boomers surveyed hoped to start a business or nonprofit within five to 10 years. In 2012, almost a quarter of new businesses were started by entrepreneurs 55 and older, a spike from 14 percent in 1996.

While some Baby Boomers may chose to continue to work at a job, which is not a promising prospect, based on the quality of government-issued employment statistics, highlighting the poor quality of the jobs created last month. Of the 273,000 private sector jobs created, most were skewed to the lowest rungs on the income ladder, which won’t help the economy grow.

The best prospect for baby boomers may in fact be to become entrepreneurs ( for those who have the capital) or network marketer ( for those with little capital), or Affiliate Marketing (for those with little capital and no desire to sell to their friends and family), in either case training will be required for them to be successful.

What is a Good Network Marketing Company.

What is a Good Network Marketing Company.

Network marketing actually, is not an industry, network marketing is a distribution channel that various industries may choose to utilize to distribute their products or services. There are many good network marketing companions in various industries.

The Direct Selling Association categories these industries into five major headings:

Home/family care products- including cookware, cutlery and cleaning supplies.

Personal care products-including cosmetics, skin care and jewelry.

Wellness products-including weight loss, vitamins and nutritional supplements.

Leisure/educational products-including books, toys and games.

Service/miscellaneous/other-including telecommunication, training and internet services.

When you’re considering the industry you would like to represent as a network marketer, give some thought to the profitability and reputation of various industries. Consider if any offer a unique product or service. Be careful of fads that are here today and gone tomorrow.

Once you have narrowed down the industry. Questions you should ask yourself about the particular company you should represent.

Is the company mission- driven or “get rich-quick” motivated?

Would the products or service give you a real chance to make a positive difference in peoples lives?

Do you feel good about the companies future, long term?

If you were looking for a job would you work for them?

Once you have made your decision. Congratulations are in order.

Unlike traditional businesses that typically have a geographic territory. You have no boundaries. Accept that your success is what you make it. If the economy is good then sales will be good. If the economy is bad then many more people will be looking for opportunities to make additional income, so your recruiting will be high. Either way with network marketing you can win.

While some can reap great rewards in network marketing, network marketing is not for everyone. For many Affiliate marketing is a much better fit. As with any business it is important to have access to the right tools and support to provide you with a greater chance of success.

Do You Think Your Education will Help Your Success as an Entrepreneur?

Do You Think Your Education will Help Your Success as an Entrepreneur?
Few colleges and post secondary schools teach how to help with your success as an entrepreneur.

The best prospect for financial security in the current economy may in fact be Affiliate Marketing as little capital is required as is needed for a brick and mortar business and no need to use your friends and family as prospects as is the primary prospecting method taught by most network marketing companies, proper training will be required for to be successful.

To become entrepreneurs ( for those who have the capital) or network marketer (for those with little capital) or Affiliate Marketing (for those with little capital and no desire to use their friends and family as prospects), in any case training will be required for them to be successful.

Are You Sure You’re Ready to be Your Own Boss?

There are reasons why every person doesn’t go out and start their own business, and it’s more than just the hard work involved.

Face it, there’s something painless and even comfortable (too comfortable actually) about going to a job everyday. There are reasons why every person doesn’t go out and start their own business, and it’s more than just the hard work involved.

While, no two entrepreneurs are alike there are certain personality traits you see in every entrepreneur. Whether you become and Affiliate, start a brick and mortar business or a network marketing business. A different mindset is required, there is a tendency to be creative, excited and hopeful. There’s a faith and belief that is necessary to start your own venture.

Do you have the right mindset?

Unfortunately this is not the way we were are conditioned as a child. Your current conditioning comes from either your childhood or overcoming that childhood. In either case nurture and build on them, find a mentor, shut off that TV (that makes you No money) and read things that will help you.

You Really Think You’ll be Successful on Your Own with that childhood conditioning?

 

Don’t try and be successful on your own, you are not the lone ranger, you need a team. Surrounding yourself with positive influences helps you gain the power to control your life.

In order for you to be able to continuously motivate and encourage your employees ( or team members, down line), it is important that you have a regular source of encouragement and motivation as well.

One of the greatest benefits of Wealth Affiliate may very well be the large community of like-minded people that share their experiences with you.

I encourage you to become a part of this incredible community today.

About Rick

Welcome to my site, I hope you find it to be the one stop resource dedicated to helping the aspired and already successful affiliate marketers online.

 

A little history

 

After being born and raised on a farm in eastern South Dakota, I have been living nearly over 2 decades in Arizona, first in the East Valley of the Phoenix area, and more recently in the Payson and Prescott areas, where I enjoy outdoor activities like hiking and mountain biking.

In addition to having spent most of my adult life engaged in sales and marketing, I have for over a decade been preparing business and individual income tax returns for real estate investors and Business owners including: sole proprietors, partnerships, S corporations, C corporations.

 

 

Why do I want to help people?

 

For many years I have invested in books, tapes, cds and seminars for personal development and business development, so it seemed a natural fit for me to become involved in empowering people in their business, personal and financial success.

The Goal and Purpose of this site

 

Affiliate Marketing Online goal is to be a one stop resource site dedicated to helping to aspire and already successful affiliate marketers online.

My mission is to make a contribution towards improving the quality of life for my clients, family and friends while demonstrating a positive attitude along with an exceptional level of integrity, knowledge and skill.

 

If you ever need a hand or have any questions, feel free to leave them below and I will be more than happy to help you out.

All the best,

Rick

https://TriSuccessNow.net