Small Business Boomers

Many of us Baby Boomers are heading back into the job market, either as a result of retirement finances that don’t meet our income needs or because we have been laid off from our jobs.  If you aren’t ready to retire yet, you might be surprised to learn that those young recruiters and HR people think you should be.  And your big resume could be a negative instead of a positive.
Too Qualified? The Wall Street Journal reports that many former high-level business types are finding it difficult to make the transition to smaller level jobs.  In my case, with an …read more

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We Baby Boomer business owners have been hiring people for a long time.  Many of us now use the Internet to hire and we have found some great employees, and some not-so-great.  Today’s cautionary tale is about using Craigslist to hire Gen X’ers and Millenials.
What is Craigslist. First, in case you haven’t heard, Craigslist is a free service that allows you to post ads for all kinds of products and services, or to read and respond to ads; it is city-centered, meaning you focus on one city, where you live.  Craigslist has become a popular place to post ads, and …read more

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Today, I am continuing my interview with John Leonetti, author of Exiting your Business, Protecting Your Wealth.
By way of background, yesterday, I mentioned that John has created a picture of four different types of business owners, depending on their financial and mental readiness.  Some owners are mentally ready, but not financially; some are financially ready but not mentally.  Some are neither mentally nor financially ready (these people probably shouldn’t be doing anything!), and some are both mentally and financially ready. I talk to lots of baby boomers who are considering getting out of their businesses and I see all four …read more

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If tough financial times have made you sick and tired of the  grind  of having your own business, maybe you’re ready to sell.  But selling may not be the best option; you should consider the whole picture.
I recently read a book titled Exiting Your Business Protecting Your Wealth by John Leonetti and I talked with Mr. Leonetti about how Baby Boomer business owners can exit their businesses gracefully while getting the maximum value for all their hard work. I’ll be sharing some of his thoughts today and tomorrow.
How do Baby Boomer business owners assure that they get the highest value …read more

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Jeff Thredgold has been an “economic futurist” for many years. He is an entertaining economist (sounds like an oxymoron) and a professional speaker and he spends his time writing and talking about economics. Sounds boring, but he’s not. He says he’s the only economist who is a CSP (Certified Speaking Professional). I talked with Jeff last week to ask him about the future of the market and how the current economic situation will affect baby boomers.
Jeff’s newsletter, The Tea Leaf, has lots of insights about the economic situation. He doesn’t give advice or tell you what to …read more

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Today is the last day of Larina Kase’s Blog Tour for The Confident Leader.  I’m excited that Larina chose to stop by Small Business Boomers today.  Larina did an interview for my new book The Complete Guide to Working for Yourself, and I found her to be gracious and motivational.  She was a joy to interview.  In this interview, Dr. Kase talks about baby boomers and leadership.
So, before today’s interview, a little bit about Larina:
Larina Kase, PsyD, MBA is a professional speaker, author, and recognized expert in peak performance, anxiety and stress management, leadership, and entrepreneurship.  …read more

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After my blog about pet sitting as a great business for baby boomers, I decided to explore this idea more.  I contacted Pet Sitters International and talked to Beth Stultz.  Here is what I learned about the pet sitting business:
Q: First, the big question. With the terrible economy right now, is this a good time to start a pet sitting business?
A:  Pet related businesses are pretty stable, despite economic conditions.  In 2007 in the U.S., people spent $41 billion on their pets, and 63 percent of U.S. households own a pet.  For many people, their pets …read more

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