How to Become A Solopreneur Over Age 50-Dare to Live the Life You've Always Wanted-Success After 50
Updated: Apr 6
Have you ever dreamed of owning your own company? Are you nearing retirement, already retired or at a place in life where you want to focus on your dreams? Perhaps you are over 50 and think it's too late to start a business? If you answered yes to any of the questions, sit back, relax and continue reading.
Starting a business over 50 can have many benefits, both personal and financial. Research proves that the older you are, the greater your chances of success. Those over 50 are twice as likely to be successful as those under 25.
Here are some reasons why starting a business over 50 can be a good idea:
Experience and expertise: After years of working in a particular industry, people over 50 have gained valuable experience and expertise that can be applied to starting and running a successful business.
Financial stability: People over 50 may have already paid off their mortgages, their children may have grown up and left home, and they may have saved up enough money to fund a business without taking out a loan.
Passion and purpose: Many people over 50 are looking for new challenges and ways to make a difference in the world. Starting a business can be a way to pursue a passion and find a sense of purpose.
Flexibility: Running a business allows for more flexibility in terms of work hours and location, which can be especially appealing for those nearing retirement age or those already retired.
Legacy: Starting a business can be a way to leave a lasting legacy and create something that can be passed down to future generations.
Here are 3 books you may want to read!
What business should you start, first of all do something you love! Here are a few business ideas.
Become a Life Coach or Mentor
Become a Financial Advisor
Start a Blog or Podcast
Start a Freelancing Business (in your profession)
Start a Marketing, Bookkeeping, or Administration business
Invest in Real Estate
Buy a Business
Start an eCommerce Store
My company, ALHsuccesslines Wellness and Lifestyle, is a highly rated company with 10+ years of experience helping women and girls reach their optimal potential with wellness solutions from a mind, body, and spirit perspective.
As an over 50 solopreneur, I was delighted to be featured in Subkit Go Solo, a website blog that helps regular everyday people go solo and achieve work independence on their own terms.
In the article I was asked:
What's one of the hardest things that comes with being a business owner?
I answered: Business ownership is rewarding; however, it can be challenging. It is important to implement effective time management with the effort to prioritize, plan and perform.
What are the top tips you'd give to anyone looking to start, run and grow a business today?
Focus on something you have a passion for.
Set realistic goals and actions.
Understand your target customers.
To read the entire article where I share more motivational information to hopefully inspire you on your journey to business ownership over age 50, click here.
To see, read and of course shop my wellness information, sign up for my blog post alerts. Feel free to send me an email at email@example.com with your questions, comments or simply to share what you'd like to see more of from me when it comes to wellness for women over 50.
Also, for fashion and image consulting for women over 50, please be sure to check my fashion blog at www.alhsuccesslinesfashion.com
Thanks for reading!
This post may contain affiliate links and any sales made through such links will reward me a small commission so that I may continue to create valuable content. Of course, this is at no extra cost for you.