Being a successful entrepreneur at 50 or 60 years becomes easier when you can get help when you need it. Assistance can come in many different forms, including technology, personal coaches, virtual assistants, self-development resources, business courses, and more. The wealth of resources, materials, people, and technologies available today is quite impressive, hence yet another good reason to become a 50 or 60-something entrepreneur.
Technology Awaits You
As a 50-60 Something Entrepreneur, the one thing that I am a strong advocate for is, the use of technology. From accounting and tax software to inventory management and customer services, digital technology in its different forms is only a Google search away. The best part is that many of these solutions can be used across devices and are user-friendly. There’s no steep learning curve, no technical requirements, only a basic understanding of how computers work. You can turn to technology (apps) before or after you start your business, but the sooner you embrace it, the better, as automation helps you save time.
Outsourcing Also Helps
Outsourcing websites like Freelancer.com or UpWork.com enable you to hire experienced professionals on a per project basis, depending on what you need done. Do you need a website? You can hire a web designer. Do you need marketing content? A copywriter will surely help. You can even hire an accountant, a tax preparation expert, web developer, social media marketing specialist, or blogger to maintain a business blog for you. Today, it’s possible to outsource almost everything about your business to minimize costs and save you time.
An experienced personal coach with a corporate background who specializes in working with entrepreneurs can provide valuable assistance during all stages of your business development. If the transition from the corporate world to running your own business seems daunting, a personal coach can help you develop the right set of skills. More than that, he or she can be a constant source of inspiration, helping you stay relaxed and develop the methods and habits to run your business at your own pace, in a way you enjoy.
Virtual assistants (or VA’s as they are often referred to) can offer professional, administrative, and technical assistance. One of the advantages of working with one or more virtual assistants is tax and insurance exemption, since they are independent contractors rather than employees. Communication with a virtual assistant can be carried out by phone, mail, or using a combination of voice and video messaging platforms. Because virtual assistants are today available all over the world, it’s possible to hire them for relatively low costs. I’ve used VA’s from India to Italy, from South Africa to South America, so don’t write this off as an option for your business.
Online business courses range from business basics to in-depth, diploma courses for accounting, marketing, or forecasting. There are many free options. How much you study depends on you. If you’re uncomfortable with some aspect of running your business, you can always acquire a deeper understanding of it through one or more flexible courses. The benefit of online courses is that you can complete them at your own pace at home.
Entrepreneurs in their 50 or 60 are not the exception to the rule, as some would think. Over the last 10 years, the 55 to 64 entrepreneurial group was in fact the most active in the US. There’s a lot of valuable content geared toward this particular audience, with actionable advice coming from other entrepreneurs who’ve made it. Covering everything from the formalities of setting up a business to specific regulations and advice for developing the right mindset, Facebook discussion forums, websites like Quora, and blogs of other entrepreneurs are a treasure trove of insight.
Being a 50 or 60-something entrepreneur has never been easier. Embrace technology and outsourcing, get a virtual assistant, and consider working with a personal coach and life as an entrepreneur can become a fruitful and enjoyable experience.