Skip to main content

Your Next Day Job?


Welcome back to Write Away, the business blog aimed at those working for themselves or anyone who'd love to but has yet to take that first step.

There is an increasing number of people who are deciding to become their own boss later on in their career.
There are many reasons for this, some people see it is a viable alternative to trying to get another job after redundancy, others are tired of working for someone else and some just have a big idea that is bursting to be launched in the form of a new business.
Becoming self employed can also be a fantastic way of gaining a better work / life balance when you have a young family and working hours need to fit around school hours.

Whatever the reason, there are a number of benefits to becoming your own boss later in your career. Not only do you have a lot more experience to draw on, you also have the benefit of having made some mistakes at someone else's expense!

Often, those over forty may also be fortunate to have built some savings which they could use to either launch their business or to draw on when cash flow is tight in the early phases of a new business.

However, taking the brave step to move away from the relative security of a weekly or monthly pay packet requires some courage and confidence in your idea and your ability to turn it into a commercial success.
There are growing numbers of organisations aimed at supporting entrepreneurs who are thinking of such a change later in their careers. One such example is Prime (Princes Initiative for Mature Enterprise) which supports business creation for those over 50. Another relatively new group is My Next Day Job, aiming to support the over 40's who want to make changes to their careers.
Theolderentrepreneur is a another website aimed very specifically at providing a network and support for people wanting to start their own business later in their career.

As usual, the links are at the end if the post, and remember, whatever stage of life you are at, its never too late to work for yourself, you are probably better equipped, in terms of experience and knowledge, than many younger people, and there are no shortage of other like minded individuals out there looking to help and support you - why not give it a go?

www.theolderentrepreneur.com
www.prime.org.uk

Comments

Popular posts from this blog

Small Business Advice on a Beermat

Hello again. Today's post is about the co-author of a well known business start up guide called “The Beermat Entrepreneur”. Mike Southon is both an entrepreneur and business mentor and also writes regularly for the Mail on Sunday  and the Financial Times about small businesses and entrepreneurship. The Beermat Entrepreneur is a business self-help book aimed at people who have an idea for a business and need to know how to take it to the next stage and turn the idea into a viable business. Whilst the book is a recommended read for aspiring entrepreneurs, this post seeks to guide you to some useful resources on Mike Southon’s own website. If you so desire (and can afford to!) you can book Mike for a personal appearance from here, but there are a number of other free resources that may be of more interest. There are a number of free guides to download, some linked to the “Beermat” series but others, such as the useful “Sales pipeline simple spreadsheet”, that are g

Read all about it?

Hi there, and welcome back to Write Away, the blog for freelancers, small businesses, start-ups and anyone interested in working for themselves.   This time I wanted to draw your attention to a great business publication that I have come across recently called “BQ” which stands for Business Quarter. The magazine is full of inspiring stories from entrepreneurs who are running successful and growing businesses, and share their experiences, highs and lows, and tips for how they got to where they are today.   The latest edition (pictured above) contains fascinating articles about microbrewery business Brewdog and a great interview with a former contestant on BBC televisions “The Apprentice”.   The magazine has an excellent sister website, the link is shown below, which has some regional content to it as well, and you can sign up to free e:mail newsletters if you so desire. The website also features a host of content that is very sector specific, so if you are operatin

Small Business Answers?

Hi there, and welcome back to Write Away, the blog for small businesses, the self employed and those thinking of working themselves. Our latest post concerns another online resource that could prove to be a valuable resource for any small business owner or budding entrepreneur. The website is called “My Business”, as usual, the link is included below this post. The website is divided into eight useful sections: Finance & Money, People, Technology, Sales & Marketing, Operations, Import & Export, Future and Cash flow, each one having a number of sub sections that contain valuable insights and advice on that aspect of running a business. The Finance & Money section has some great advice on late payments and how to try and avoid this and further advice on taking small claims through the courts if you need to. The latest Sales & Marketing article contains advice on pitching for new business and the “Top 10 Features” listing deals with questions surrounding IR35 and con