It’s Never Too Late To Be
A Female
Entrepreneur
by Susan Scotts
If you’re over 50, chances are the decision to leave a job won’t be yours. A new data analysis by ProPublica and the Urban Institute shows more than half of older U.S. workers are pushed out of longtime jobs before they choose to retire. The analysis found that between the time older workers enter the study and when they leave paid employment, 56 percent are laid off at least once or leave jobs under such financially damaging circumstances that it’s likely they were pushed out rather than leaving on their own. As the world around us changes, and existing industries and companies are disrupted, careers will be disrupted as well. Chasing corporate careers to the top is certainly not the only way to achieve success.
46 The Franchise Woman
There are many reasons why a woman in her 50s might choose to forge a new career path. As life expectancy rises, there is a whole new phase of life that people look forward to, like staying active and keeping the brain stimulated through work. There is also a financial imperative to make sure the future is secure as you live longer. Many have been laid off, and others have always had a desire to become self-sufficient or reinvent their careers.
for those aged 65 and older, the number is put at 132 percent, the biggest rise of any demographic.” Whether you are laid off or downsized or have always had an entrepreneurial desire and choose to begin something new, you have options you may have never thought about.
You can begin a business from scratch. While many have succeeded in this path, it takes considerable According to The Guardian, “A time and money, not to mention an fifth of new businesses are being idea that is unique, coupled with founded by over 55s. It is a boom time for middle-aged entrepreneurs. the marketing to get the business Barclays Bank reported a 67 percent off the ground, and you are likely working alone unless you have conincrease in women over 55 opening business accounts in the last decade; siderable working capital to invest.
