If you are of a certain age and your job is at stake due to the pandemic then you are most probably very worried about the future.
The prospect of having to search for a new job might feel paralyzing. In the current state of the traditional economy, it is almost certain that this will be a very challenging task.
Not to talk about age discrimination which is, unfortunately, an undeniable fact.
As hopeless and discouraging as this situation might look at first, it can also be a huge kick in the butt to finally start doing the things you always wanted to do.
If you choose, you can see it as an invitation to break free and finally go after your dreams. Design your own perfect job description and employ yourself in your own modern digital business.
Yes, the digital economy is booming and you can easily plugin to it, to increase your self-reliance and financial independence.
May I suggest educating yourself on the digital economy opportunities?
Here is a free webinar explaining how to start and grow your own online business from scratch in a very clear manner.
But first, let me explain why I think that your age is your biggest advantage in transitioning from an employee to a successful entrepreneur.
Silver startups are more successful
Did you know that the chances of startups run by older entrepreneurs are twice more likely to survive?
Or that the highest rate of entrepreneurship worldwide has shifted to the 55–64 age group? (Source: Global Entrepreneurship Monitor)
This does not strike me as a surprise.
Take a moment to think of all the valuable and diverse experiences and wisdom you have accumulated so far.
Think of the extensive network you have established over the length of your career.
These are the advantages that can set you up for success in your new entrepreneurial endeavour.
Our desire to grow and explore does not decrease with age, neither do our productivity and mental capacity. We have all the resources we need to succeed.
What lies before us and what lies behind us are small matters compared to what lies within us. And when we bring what is within out into the world, miracles happen.
– Henry David Thoreau
These advantages coupled with the natural process of introspection and soul-searching in midlife are a perfect combination for successful change. They will serve you not only to create your own job description but also to make it a more meaningful one.
Midlife brings you to your purpose
Midlife is the period when we naturally question the choices we’ve made, come to terms with our limitations, and truly come to know who we are.
At this age, we are closer to knowing what our purpose in life is and thus, creating a life that has more meaning.
By now, you are probably asking yourself, how this relates to starting a business?
Knowing your purpose gives you the framework for defining the right products and services that will make your own business unique, competitive, and valuable.
If finding your purpose sounds like an impossible or vague task check these practical tips.
Furthermore, you can get some inspiration from the memoir of Viktor Frankl. He argues that we cannot avoid suffering but we can choose how to cope with it, find meaning in it, and move forward with renewed purpose.
Conclusion
My intention was to outline some of the advantages of starting a business at an older age. Entrepreneurship is not only a source of income. It is also a very powerful gateway to personal growth, achieving social recognition, and a deeper sense of meaning.
I hope your view of the future is a bit brighter and broader now.
In the highly unlikely case that you still think you are too old for embarking on an entrepreneurship adventure, please spend a few moments here for a reality check.
Speak soon!
Learn more about the opportunities of creating an online income stream. Achieve financial independence and freedom to live life on your own terms!
>> Click here << for a list of books that recently influenced me profoundly and are today part of my body and mind.