3 Ways Seniors Can Start A Home-based Business | michelecriley.com :[].

3 Things You Can Leverage To Successfully Start A Home-Based Business As A

Senior

Article Contributor Carla Lopez

There are 3 things Seniors can begin to do to start a successful homebased based, so let’s get started.  after retirement is full of possibilities and promise. After decades in the workforce, you’re now given a new lease on life of sorts, able to pursue a new venture that you can be passionate about. And while some might argue that stepping out of one’s comfort zone is a luxury that most seniors don’t have the time and energy for, nothing could be further from the truth.

Indeed, starting a home-based business as a senior is not at all farfetched and does, in fact, come with a multitude of perks. For one thing, it’s a great way to supplement your income during retirement, so you’re better able to provide for your burgeoning medical and care needs and live in a great deal of comfort. For another, it keeps you active and engaged, both physically and mentally, which does wonders for your general well-being.

But no doubt, the best thing about starting an online business in the comfort of your own home is that you’re not constrained by your physical capacity, which is particularly crucial if you have mobility issues. Furthermore, most home-based businesses require little to no capital to start, so you can make a sound investment with a potentially high ROI. The key is to leverage the tools and resources available today, most of which are right at the tip of your fingers.

Leverage Technology

It’s been found that people over the age of 55 are twice more likely to launch a startup than those 20 years younger, proving once and for all that age doesn’t matter in entrepreneurship. This has become even more doable of late, thanks to modern technology.

As a senior starting a home-based business, it’s a good idea, therefore, to take full advantage of the ease and convenience offered by technology. Case in point, there is absolutely no shortage of online resources that focus on the nitty-gritty of e-commerce so you can easily learn everything there is to know about launching your own online store, as well as find out how to make it succeed. You may be starting a home-based business, but that doesn’t mean you’ll always be home to respond to customers, clients, and any freelancers you hire. A quality smartphone will have the speed and power you need so you can handle any communications. 

Leverage Services

Of course, it’s not enough to have a great product or service to make a business succeed. You also need to be able to reach your customers. For seniors venturing into the home-based business world, a solid and compelling online presence is the ticket, starting with a website.

Now, while building a website invariably involves tech skills that most seniors don’t have, once again, technology has ensured that there are ways to go around this. These days, it’s possible to find freelancing experts in just about any web-related task there is. For example, you may need to hire an HTML developer to get your site running and add features like links, data tables, and contact forms. Hiring one is as simple as using the right staffing agencies, making known what you need done, and hiring a professional who can do it for you.

Leverage Your Expertise.

Finally, you may be surprised to know that the success of your online business also relies heavily on what you bring to the table. As a senior retiree with decades of work experience, you undoubtedly have a wealth of knowledge amassed throughout your long career, and you will, in fact, do well to leverage this expertise.

It goes without saying that if you’re hard-pressed for home business ideas, you actually need not look further than what you already know. Consultancy, coaching, or service-based businesses are good examples of what seniors can do as this makes great use of their industry experience and reputation. Alternatively, you can also turn a specialized hobby into a business, which is a more fun way to go about it.

To learn more about how you can build and market your online business, be sure to listen to SavvyPreneur podcasts. SavvyPreneur interviews experts so that you can gain insights and learn about helpful business strategies that you can incorporate to make your online business a success.

Indeed, there’s life after retirement for seniors, and it’s one that’s worth living with a lucrative and fulfilling home-based business. So it’s time to go back to the old drawing board and brainstorm ideas because the resources to make them happen are already there for the taking.

Photo via Unsplash.com

Carla Lopez (https://www.boomerbiz.org/)

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