Over 4 million 'Baby Boomers', that is, someone who was born between 1946 to 1964, are turning 50 every year and many will not be able to afford to retire. There are many of baby boomers out there who have worked hard all their lives, only to find that just as they think they are approaching retirement, they are given no choice but to look for a new job or start a new career at 50 or more.
Time for a new career at 50?
So, how can you take advantage of the current economy? There are four main elements to consider:
Firstly, since 2007 there has been a massive shift of people buying goods and services online. This is good news for people with online businesses.
Second, people are making less money than ever before and it is a well known fact that underemployment and recent graduate employment is continuing to rise.
Third, huge government debt and deficits continue and the ongoing cuts to social programs will continue.
And finally, the fourth element as we have already touched on, is that 20 million baby boomers have turned 50 since 2007.
The elements above have led to the age of the entrepreneur. There is no age limit or set qualification requirements to become an entrepreneur. And those people who want a new career at 50, or no matter what age you are, can all become entrepreneurs and take advantage of the new online economy that is thriving on the internet.
The Internet and your new career at 50
An internet business offers more opportunities for everybody, not just those who want a new career at 50. All you need is a computer and an internet connect. You do not need a physical store or an office, so your financial commitment is less than for a bricks-and-mortar business. There are no rent or rates no staff costs or endless hours commuting back and forward to a workplace, as it can all be done from home.
Naturally, as with any business, there are some costs, but they are considerably less than those incurred with a traditional business.
The reach of the internet means that your customers can come from all over the world, not just those who shop near your geographical location. And, with an internet business, your customers can buy from you at any hour of the day and on any day of the year.
Many of the baby-boomer generation have discovered the online world later in their life, than say their children or even grand children have. But that is not a barrier to success. The technology of the internet is not something to be feared, just because it is something new to you. New skills are easy to learn and there are many quality programs and systems available that provide a step by step process to help with your new online business when you start a new career at 50 or older.
When starting a new online business at 50, or any other age, there can seem like a mountain of obstacles to climb - from understanding search engine optimisation to blogging, from pay per click advertising to social media marketing, from finding the right products to sell to finding customers to buy them, the list goes on. To learn a simple step by step process on how to quickly and easily get your online business started visithttp://www.jonallo.com
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