Hello Friends and Happy Tax Day Tuesday!
If you’re anything like me no matter what year in your career you’re in, the countdown to retirement has begun. I never told hubby, but when he signed his retirement papers on the 28th of February I was extremely jealous! It’s not that I’m ready to sit home and do nothing or pack my bags and start traveling, I am just looking forward to the day when I have the option to work or NOT!
At this point in my life I am too young and active to retire or at least retire without a plan, which is why this blog is part of a bigger 5-year plan. I’ve thought about starting a small business, but it would have to one of little to no stress and definitely little to NO commuting involved!
Ideally, I would love to sit on the dock of a bay with a laptop or tablet writing and creating. Perhaps I’ll have a little shack where tourist can purchase fishing bait and tackle!
There was an article published in USA Today that caught my attention, it stated that “more older entrepreneurs are starting businesses after they’ve worked and retired from other careers”. They have been labeled “encore entrepreneurs”. An encore entrepreneur is someone over the age of 50 who starts a small business or begins a new career. Some of these small businesses are non-profits that provide a social need such as job training for the unemployed. Others turn their hobby or passion into an income stream which is part of my 5-year plan.
Of course as with any new start-up there are obstacles and challenges, but with age comes wisdom and knowledge both of which are a plus for the encore entrepreneur. Job layoffs, supplementing or replacing income are just a few reasons for starting a business after the age of 50.
However, with people living longer becoming an encore entrepreneur gives us an opportunity to stay active and do something that perhaps we’ve always wanted to do.
What about you, are you ready to retire or regroup and become an encore entrepreneur?
Last week I taught another class, this one was “Blogging For Your Small Business” held at The Bear Public Library, in Bear, DE. It was the second blogging class that I had an opportunity to teach thanks to The Money School of Delaware. There weren’t as many students enrolled in this class which allowed us more time for questions and answers as well as to do a little networking.
Blogging for Small Business
Enjoying teaching the class
In attendance, along with her mother was Kayla Williams, a 9 year old who is the owner and designer of Kay-Luv-Kreations Jewelry. Kayla showcased her current line of jewelry and has already participated in several vendoring events at Churches and local Craft Shows. This young lady is a lovely entrepreneur and her mother is certainly proud of her. Kayla can be contacted via email at email@example.com.
Lynette Oliver, The SewLadi, creates and sells adorable Handmade Gift Items including Hats, Scarves, Dolls, Key Chain Holders, Money trees, Business Card Holders and Cotton Dish Cloth Dresses. Lynette also conducts sewing, knitting and crocheting classes and has an Etsy Shop, www.etsy.com/shop/thesweladi. Lynette can be reached at firstname.lastname@example.org.
Regina Redden, Consultant/Educator is a very passionate woman when it comes to the upbringing and educating today’s youth. Helping early childhood educators provide building blocks for a strong foundation is her motto, and she can be reached at Edu1Consultants@hotmail.com.
Also in attendance was Carla Shipman owner of Declutter Enterprise, LLC, who I had previously met at The Money School’s Green Tie Event. I will definitely be enlisting her services in preparation of downsizing our home over the course of the next several years. Carla can be reached at email@example.com.
Rasheeda Demby-Chenault is the Owner/Stylist/Aesthetician of Demby International Beauty Studio located in Wilmington. Rasheeda can be contacted at firstname.lastname@example.org.
Carla Holland, is a Training Coordinator and Business Advisor for the University of Delaware Small Business & Technology Development Center. If you require additional information about this program, feel free to reach out to Carla at email@example.com.
The only male attendee in the class was Willard Williams, of Gemstone Real Estate Group, who kept me on my toes with his many questions. As an educator it’s job satisfaction when you can share your knowledge with others especially to those who are eager to learn. If you are in need of housing services, rentals, lease or purchases, Willard can be reached at firstname.lastname@example.org.
Listening to the questions
I would like to once again thank The Money School of Delaware for giving me an opportunity to be a guest instructor. I know that it is a stepping stone leading to something great for my retirement years…yes, I’m putting it into the atmosphere!
Have a fantabulous day – Smooches
Young Entrepreneurship Camp for kids ages 9-12