HOW TO REINVENT YOURSELF AFTER 50
People often ask “how to reinvent yourself after 50” and as an over 50 myself I realized how difficult it can be. I have more friends than I can count that were downsized many years ago out of corporate American and have never found their way back to full employment or comparable compensation. I know people that made more out of college than they are making now. My personal experience and what is being written is depressing. I was just reading a blog and was blown away by what a lady that posted ” I’m 53 and still have an 11 and 12-year-old at home. Have a college education and can’t even get an interview.” This story repeated over and over again across America. One of my neighbors worked for a large insurance company for 18 years before being let go. After 3 years, he was only able to get a temp job that led to 6 months of employment before ending. Now he can be seen most mornings walking the dog and performing yard work during what most consider working hours. Younger people may be younger and hungrier than you and willing to accept lower pay but they lack the experience that decades of life experience brings. It may be time to create an opportunity that is best suited for your skills and experience. Working for yourself or owning a business is the only guarantee to be the architect of your future. You can join the ranks of entrepreneurs and enjoy the lifestyle and economic benefits that come with it.
Starting a business is not easy and can take a very long time before you are profitable. The better safer option is to buy an existing business that can be profitable on day one of ownership. Learn how to buy a profitable business with little or no money down. You just need to know and follow the necessary steps. Reserve a spot at our next Business Buying Workshop where you will get the steps to business ownership. Entrepreneurship is not for everyone. Take a free Entrepreneur Quiz that asks a few questions that will give you insight on your compatibility for entrepreneurship. We will cover the topics below and much more:
REINVENT YOURSELF AFTER 50 BUSINESS BUYER WORKSHOP
Topics Covered
How to find the right business
Finding the right things wrong in a business
How to quickly know what any business is worth
Understanding the numbers – balance sheet, P&L, and cash flow statement
What you need to know about adjusted cash flow
How to determine value if the financial statements suck or inaccurate
Pros and Cons of an asset sale versus a stock sale
How to bankruptcy proof any business
Maximizing profits in your business
What it takes to be an entrepreneur
Question & Answer