Karen Wylie, EdD
@MidlifeBiz50training consultant turned rural entrepreneur, working my retirement as a reinvention and small business coach for #midlifeentrepreneur #babyboomers #age50
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If you want to live a happy life, tie it to a goal, not to people or things. ~ Albert Einstein
Non-traditional or alternative business structures that can be shaped around your lifestyle and personal needs work best because they can be easily adapted to suit the changing needs of individuals at midlife and as they age.
Taking control of your life and finances by creating a business of your own is usually the better, more secure and satisfying alternative then continuing to seek jobs ‘out there’.
If you are really thankful, what do you do? You share. – W. Clement Stone
Clinging to the past is the problem. Embracing change is the solution. ~ Gloria Steinem
Midlifers represent generations that were more influenced by outer realities like social norms and expectations than inner ones, and need to retune and sensitize themselves to their own personal GPS in order to find and navigate their path.
Midlifers who begin considering starting a business often feel like a fish out of water, unsure whether they have what it takes to be an entrepreneur, what kind of business to pursue, or what steps they should take to get started. You’re not alone.
Decide what you love, what excites and inspires you, then make that your purpose and watch what transpires. ~ Doc the Turtle from 'The Adventure of Blue Ocean Bob: A Journey Begins' by Brooks Olbrys
Learning to anticipate life's transitions and adapt your business as you age is an important skill for midlife entrepreneurs to develop. Transition planning is all about ensuring flexibility - for you AND for your business.
To achieve a goal you’ve never achieved you need 5 things: Better planning, accountability, social support, incentives, and a deadline. ~ Craig Ballantyne
It's essential to participate in self assessment to help you take a look at yourself as you are today at midlife, before taking action.
Instead of thinking outside the box, get rid of the box. ~ Deepak Chopra
How can you best maximize your strengths and align with your inner compass at this time of life?
The path to our destination is not always a straight one. We go down the wrong road, we get lost, we turn back. Maybe it doesn't matter which road we embark on. Maybe what matters is that we embark. ~ Barbara Hall
Do your little bit of good where you are. It’s those little bits of good put together that overwhelm the world. ~ Desmond Tutu
Would it be possible to combine the talents of other family members or friends in a multi-generational family business? Working for your collective selves could release a unique creative spirit and joy previously hidden or subdued when working for others in earlier years.
The key to a successful midlife business is to know yourself, what you want and need, and create a business model that suits the you that you are NOW at midlife.
Failure is only the opportunity to begin again more intelligently. ~ Henry Ford
Many problems disappear if you ignore them long enough, like snow and adolescence. - Anonymous
At midlife there are new personal factors to consider in planning a business, like possible limitations due to overall health, strength and fitness; physical challenges, disabilities or declining health; your family obligations or caregiving responsibilities.
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