Entrepreneurs over 50 years of age offer significant “golden dividends” for economies wrestling with aging populations that place a disproportionate burden on resources
—according to a 2017 report from the Global Entrepreneurship Monitor
“Older Americans took more entrepreneurial risks in 2017 while their younger counterparts took fewer.”
New research shows that entrepreneurial behavior among older Americans (44-99) rose significantly in 2017. Younger adults in the 18-44 age range — traditionally the hotbed of US entrepreneurial activity — reduced their entrepreneurial activity in 2017.
These lofty studies and statistics are not surprising when we study the Mindset of the older age groups. I live in an “Experienced Citizen” community and the number of neighbors who are involved in entrepreneurial activities is a healthy percentage. The exciting business-minded people attending our call-in talk show Podcast are definitely NOT millennials.
“It is not true that people stop pursuing dreams because they grow old, they grow old because they stop pursuing dreams.” – Gabriel García Márquez
A few years ago when the then popular video platform, BLAB was available I used it to interview a young ‘Grandma’, Julie Martin Cole, who followed the path to
“Grandma Julie” with another addition
success using Social media to promote a 7 figure business she started from scratch in her early fifties.
The one major point to focus on when listening to her story is, regardless of the business, Julie also had an End Game in place.
Julie’s story is duplicated so many times throughout the USA in recent years. Watch the video and soak in the gems she outlines. I loved the fact her husband Lent her the money and charged Interest!
Warning: the video may be a bit choppy. BLAB’s platform had issues. Maybe that is why it is no longer a platform? But the audio is VERY clear
This is an Awesome interview. Just proves we can do anything we want to do.
Julie Martin Cole is amazing and a very smart woman.
Thank you for sharing Chuck.
God Bless You,
Nancy
Julie is a sharp person and a creative talent. Now enjoying more time with her “passel” of grandkids!
Thanks for your input again, Nancy
Great points made here. Throughout history, societies (and economies) have always “tapped into” the resource of experience via their older generations, and for the benefit of everyone in the entire system.
The fact that this is not so much so today really does explain a lot… talk about leaving one’s chips on the table — as a society — I mean, would any person in their right mind/any business do that?
Thanks for your input, Mark.
I was blessed as a teenager to be “mentored” verbally by some unique “old farts”.
They were “Tycoons” and “Captains of Industry” at the beginning of the 20th Century.
I did their lawn maintenance as a teenager and it was standard for those men to watch me work while they sat on a bench.
I was highly encouraged in Grammar and high school to always ask questions, and I did.
They shared so much about the How To and Pitfalls of taking an idea through to its completion.
None of them ever wrote it down. But I feel privileged to have listened and applied action to their systems.
Our weekly Call-In Talk Show is frequented by “experienced citizens” who have made a commitment
to share their life experience in print.
BTW, your website is interesting.
Thank you for sharing the Post on your Facebook Profile
and LIKED your Facebook Page
thank you for this, Chuck. It is interesting to hear about you listening to their stories and wisdom — what better way of getting first-hand info on the things they have experienced…
I remember my commodities trading coach talking about him tracking down an experienced trader who had been active in the 1920s, and he actually found him and talked to that legendary man. Nothing better than the original (particularly in our increasingly real-time world where the media have taken order and thrown out word-of-mouth as well as much of doing *real things* altogether.
Thanks for the input again, Mark.
Maybe the printed word destroyed a system?
Yet, some look at the wonderful things that have been accomplished
because those of wisdom DID get their ideas printed
and were able to reach a larger audience.
That being said there seems to be a smaller group of person who can comprehend,
sort and question the written.
Look how Headlines have become the source of opinions for so many and they never read the content.
~~smile
I found this especially fascinating as I spent several years in the recycled rubber industry. The company I helped found that produced tire derived fuel now makes rubber mulch, horse arena material, and playground materials. I’ve been out of the business for a number of years, but it piqued my interest.
Good material and great story.
What a coincidence, J.L.
You should hook up with Julie on Facebook and may have common ground.
Really appreciate you commenting, know how busy you are with your Books.
Rotund Roland
My Donkey and The Master
Stranded at Romsons Lodge
Thanks, my friend. I’ve been out of the rubber business for about fifteen years, now. I just enjoyed the connection and loved her comments on what she did with it. Knowing how difficult it was to produce the material she sold, and knowing how difficult it was for a small producer to market his own product due to need for more than he can produce on his own at times, I liked the way she worked with numerous producers to provide for her customers.
Thanks for the plugs for my books. I’ve been out of the loop the last few days finalizing a manuscript to pitch to a publisher next week. That and driving to SC for my daughter’s wedding.
So appreciate your stopping by and engaging.
Looking forward to the “New Book”.