Wednesday, April 12, 2006

Why Many Retirees Opt to Start a Business for Fun or Profit

To decide to become a third age entrepreneur is not only a rewarding and self-fulfilling experience it is also tremendous fun – whether you do it for pleasure or for profit. Maybe in the past you thought about starting your own business but wavered because the risks were too great, the timing not right, the economy too bad.

This time it’s different because your existence won’t depend on success or failure; this time if you go ahead you will be treating it as an exercise to add flavour and variety to your retirement.

The purpose of this chapter is to help you determine whether you have what it takes to belatedly strike out on your own and stamp your personality on an enterprise of your very own making. What makes a successful entrepreneur? Having a great idea, being highly creative, having lots of enthusiasm for sure, but are entrepreneurs born or made?

If you believe the old saying ‘genius is 1 per cent inspiration and 99 per cent perspiration’ you will know that most success is down to hard work.

So how do you channel your ideas, creativity and energy into building your own business in retirement without bursting a blood vessel? Read on…

(Extracted from my bestselling book Your Retirement Masterplan)

http://retirement-moneymakers.com

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