Baby Boomers are Ripe for Entrepreneurship CategoriesSecond Acts, Cool People · This Boomer's Life

Baby Boomers are Ripe for Entrepreneurship

If you access Entrepreneur magazine online, Baby Boomers will find many reasons to be inspired. Not only are Boomers able and willing to work beyond typical retirement age, they are starting businesses in record numbers. Why are Boomers in a good position to be entrepreneurs? For starters, they have years of work experience, many in high tech and computer industries. And they also are the wealthiest living generation, so they have access to startup capital.

However, this source also points out that to continue to be successful in the game, whether we stay in the workforce or pursue entrepreneurship, Boomers need to stay current on social media: We need to be proactive in learning new technologies, and be active on social media such as LinkedIn, Facebook and Twitter. We need to be aware of how to communicate virtually, for example, composing emails that are succinct yet still maintain humor and connection with others, when contact is not face-to-face.

Our own Rita McCulloch describes her experience becoming an entrepreneur in her blog How I became CEO of my own company-without my knowledge.

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Cherie is a late bloomer Boomer, born at the tail end of the Boomer generation. She was playing with Barbies while her older sisters marched on Washington and fought for equal rights, but watched and learned. Now she is an empty nester with a whole new future to explore and share at! As “Philosopher in Chief” Cherie merely wants to change the world with this blog: to encourage those of us in the midst of our “second act” to look at life with new eyes, open to a life filled with new beginnings rather than endings, and to apply all we have learned to a way of living that is more meaningful and profound. There is SO much to live for, up until the very end.

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