Posts Tagged ‘unemployed over 50’
There is no question that recent economic times has hit baby boomers the hardest when it comes to unemployment. Finding a job when you are over 50 is tough and getting tougher. Most people who fall into this category would gladly accept the pay of a 25 year old but rarely is it offered.
You aren’t looking for a job just to keep your mind sharp or to fill time, you still need the income as you were not quite ready to retire yet. So what do you do? Starting your own business using your years of experience is a good option to consider. Many businesses can be managed and run from home to keep overhead costs low at least until you are well established.
Creating a business network with other qualified baby boomers in your same situation is also worth exploring. Since we know there is a surplus of unemployed and over 50 individuals it will not be too difficult finding people with years of experience and client lists who would be willing to pool their knowledge, skills and resources into an income generating venture with you.
The first place to look would be ex-c0workers. If you were not the only employee who was made redundant or laid off you should re-establish contact with them to discuss the possibilities and brainstorm. With your years of experience, you know your market and you understand your client’s needs. You also have seen many mistakes and flaws in the workplace that you can improve upon.
The next place to seek out other unemployed and over 50 colleagues is through social networking at sites such as LinkedIn. Your business partners need not be in the same geographic location so long as it is easy to collaborate online or by phone. Use today’s technology to your advantage.
Your business may be run entirely online with a global client base. The possibilities are only limited by your imagination and creativity. With the advent of the internet, you are able to put a team together online from managers to clerical staff spread out over the world and all managed and coordinated on your computer. Internet based service companies are among the fastest growing businesses today.