Why 80 Is the New 30
Forget shuffleboard and croquet. With Americans living longer, a growing number of people are embarking on entrepreneurial second careers — well into their 80s. Indeed, for many, running a company has become the new retirement. So what are the real secrets to longevity, in business and in life?
From: Inc.com By: Angus Loten
At 85, Bob Galvin was recently sidelined by eye surgery. Although he’ll now require custom-made glasses, the former chief of Motorola still expects — as he does every year — to hit the ski slopes this winter in Vail, Colo.It also won’t keep him from “calling the shots” at the pair of research and development ventures he launched in recent years, each seeking to revolutionize part of the nation’s aging infrastructure — from revamping the power grid to wiping out big-city gridlock. “I had to live long enough to be able to make a contribution without worrying about losing my investment,” Galvin, who helped build Motorola’s revenue from $216 million to $6.7 billion over 30 years before stepping down as CEO in 1986, says about taking on such ambitious and time-consuming projects so late in life. Besides, some people just aren’t cut out for retirement.For the entire article go to Inc.com
It is great to start your own business. It is especially cool when you are Boomers and up, or in your senior years. This is the time when you can rid yourself of the corporate world and pursue your passions. After all, who really wants to sit around and clip supermarket coupons and watch daytime television?
When you are starting your own business, Corra can assist you with corporate research on your strategic business partners, be it your vendors or clients. Find out if they are reputable, what line of business credit you can extend and whether they can and will pay you.
Additionally, it may be wise to run our business/vendor comprehensive background search on the owners or executives of the businesses where you are considering ventures and strategic relations.
So if you are starting your own business, plan, market wisely, and check them them out before you get too involved.
