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Baby Boomers are Starting Online Businesses [VIDEO]

April 9th, 2008
[VIDEO] As Baby Boomers retire from there career jobs, many of us are becoming Online Entrepreneurs to supplement our income and to keep busy.

Baby boomers have always made an impact on every age they’ve moved through, and we’re now redefining the newest stage of their lives - retirement. We are as a group almost 80 million strong and we are quickly becoming a major entrepreneurial force.

That’s because as more and more Baby Boomers retire from our long time career jobs, we’re coming back out of retirement to launch our own ventures. In fact, according to the Labor Department, today’s Baby Boomers (ages 42 to 60) account for 54 percent of self-employed persons - up from 48.5 percent in 2000. 

One of the most popular and fastest growing choices for our self-employment is online business. That's because Baby Boomers are the first retiring generation who are truly comfortable with life on the Internet. Studies show that nearly 72 percent of boomers in there 50's go online regularly.

There has been a real spike in interest among the Baby Boomer Generation to own our own business. For many of us, being in business for ourselves is a lifelong dream. Online businesses fit in nicely with retiring Baby Boomers with its flexible work schedule and mostly work from home lifestyle.

For some us, the online businesses we’re starting take advantage of skills that we’ve learned in our past lives. Marketing Online Consulting Services allows us to use the knowledge they’ve gained from our corporate lives and share it with other business owners. This was we don’t feel that our whole lifetime of knowledge we’ve gained is going to waste and we can make some decent money doing it.

And as pop culture tells us, 50 is the new 30 and 70 is the new 50. So why not begin a whole new chapter of our lives at 55. 

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5 / 5 (4 Votes)
Article by:
Daryl Burns

 

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