How to Start a Business After 60: Your First Steps (It's Not Too Late)

From The Sixtysomething Podcast · 15:07

Show by Grace Taylor Segal

Starting a Business After 60In this episode of Sixtysomething, your host, Grace Taylor Segal, explores the exciting prospect of starting and running a business after age 60.Drawing from her own experiences, she provides actionable steps and advice for newly retired individuals or those seeking a passion project to generate extra income.Grace discusses the benefits of late-life entrepreneurship, offers business ideas such as consulting, coaching, e-commerce, and service-based businesses, and covers essential steps like market research, business planning, and building an online presence.She addresses common challenges including technology and imposter syndrome, emphasizing that age is not a barrier to success. Listeners are invited to download a free 'Entrepreneur After 60 Brainstorm Worksheet and join the podcast's Facebook group to share ideas.The episode concludes with a teaser for next week's topic: ChatGPT.* * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * *Hey Friends! It's me, Grace! I just want to thank you for listening. I hope you’ll let me know what you think about the podcast and if any particular episodes resonate with you.Listed just below here is my contact information and all of the social channels where you can find me, as well as the link to our Facebook Group. Contact InfoGrace Taylor SegalEmail: [email protected]: 60something Page (https://www.facebook.com/profile.php?id=61553062496332)Instagram: @60somethingpodFacebook Group: 60Something Podhttps://www.facebook.com/groups/1665326354000332The Sixtysomething YouTube Channel: https://www.youtube.com/@60something_podRESOURCESSCORE (Service Corps of Retired Executives) – Offers free mentoring, workshops, and online resources for entrepreneurs.Small Business Administration (SBA) – Provides various free resources and loans for small businesses.Udemy or Coursera – If you want to learn new skills or enhance your existing knowledge, these platforms have affordable courses.QuickBooks or FreshBooks – For managing your finances.LINKSSixtysomething Podcast - Episode 7 - Worksheethttps://drive.google.com/file/d/1bwyWLmYTcfWYbfY0LaKhoL7yKW2jfzmu/view?usp=sharingCreditsSixtysomething Theme SongMusic & lyrics by Lizzy SanfordVocals by Lizzy SanfordGuitar: Lizzy & Coco SanfordTo Leave a Review: On Apple Podcasts (no link is available--here are the steps)Open the Apple Podcasts app. Search for the podcast you want to review. Select the podcast show page (not an individual episode). Scroll to the bottom of the page. Click "Write a Review". On the Sixtysomething Podcast Websitehttps://www.sixtysomething.net/reviews/new/Thank you so much for taking the time to review the show!Timestamps:00:00 Introduction and Host's Background01:25 Why Entrepreneurship After 60?02:34 Personal Journey: Starting a Business03:47 Finding the Right Business Idea04:22 Inspiration from a Lunch Conversation06:39 Business Ideas for People Over 6008:07 Popular Home-Based Businesses for 60+09:16 Steps to Start Your Home-Based Business11:49 Overcoming Common Challenges13:10 Inspiration and Personal Story14:25 Free Resources and Final Thoughts

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