The aging population (or Silver Veterans as we choose to think of those of us in the 55+ age bracket) across the world is capable of – and in point of fact is already actively involved in – changing the face of business. In fact, 62% of UK SMEs are sole proprietors (and SMEs account for more half of the UK workforce) and one third of these are aged 55-70!
Oddly, rather than sit back and try to live on one’s pension – something that the government fears we want to do – these people want to work and need to work if only to maintain a reasonable quality of life and health. This need has the potential to save local, national and indeed the global economy.
These Silver Veterans can and will do this by drawing upon decades of creativity, wisdom, passion and practical experience … the experience needed to succeed in their entrepreneurial endeavours.
Evidence shows that this segment of the population can and will achieve substantial positive results as long as they are allowed to flourish. Essentially what this means is that the overly restrictive policies designed and legislated to regulate large organisations need to be seen for what they are – controls for large companies, not for small and medium sized companies. Since our ‘Golden Years’ can no longer be what we were promised four plus decades ago, shouldn’t our inheritance then be one where we can choose to create our own destiny rather than sit and be considered a burden to the self-same government that is responsible for having painted the rather rosy picture of what our ‘Golden Years’ was going to look like when we were in our early twenties?
Jim, my husband, and I are both in our silver years – 69 and 64 respectively – and are only now setting out to build a new entrepreneurial enterprise with the vision of taking our expertise to the world, both in person and online.
Let me say here that our original vision was to base our operations in the United Kingdom but some very restrictive immigration regulations have put that, temporarily, beyond our reach. Our business focuses on how entrepreneurs of any age, ethnicity and economic persuasion can succeed and thrive if individuals can add some essentials ‘tools’ to their virtual tool boxes.
We teach the core principles and tools of entreprenology along with the principles of gender appropriate interaction. In total, what we teach is “the art of science of creating success.”
Jim and I met in November 2011, fell deeply in love, married in October 2012, and surmounting various issues such as surgery, long distance and visa blockages; we are now planning to succeed in our new joint venture.
What we envision ourselves doing is working with other Silver Veterans to help them find their particular gate to the Golden Years. How ironic – two individuals already perceived as a liability reaching out to and working with an already enormous yet steadily growing number of perceived liabilities known simply as ‘baby boomers’ … the gigantic storm cloud on the governmental horizon. At this point it might be good to add that we plan to reach out to all those of younger years as well … any wanting to learn how to put their myriad ideas, skills and experience to work. If, however, you happen to be among the millions who are unemployed or who have given up looking for a job, then we want to put you back to work!
Maybe we have a different spirit? … a spirit born during or shortly after the WWII years, growing during the boom years of the 50’s, moving into the teens during the ‘magic’ of the love revolution spawned in the 60’s to maturing throughout the three decades beginning in 1970 and culminating in 90’s.
We know now that life is more than a collection of memories. Over time we have learned that we draw upon these memories that have been filtered through perspective and refined with wisdom born of experience. Essentially that means that, in our particular case, we have a minimum of one hundred years of experience between us. Imagine the possibilities of reinvigorating an economy if we put even one-quarter of the combined experience of the ‘boomer generation’ back to work … allowing them, through entrepreneurial means, to remove the stigma being placed upon them by a well-meaning if heavy handed government. of the 50’s, moving into the teens during the ‘magic’ of the love revolution spawned in the 60’s to maturing throughout the three decades beginning in 1970 and culminating in 90’s.
We feel the time is absolutely ripe for Silver Veterans to make a difference in so many ways.
Now we’re not asking you to take our word for this no matter what your current age as of your last birthday. You too – depending upon that age – may be viewing us too as a liability rather than the asset we are continually proving we are. There are numerous articles bemoaning the fact that the aging demographic is draining the resources of every country which scares the younger demographic who are looking 20 or 30 years into the future.
What we suggest is … do your own research. As they were so fond of pointing out at the beginning of every episode of the X-Files … “The Truth is Out There!”
Read a few pieces online:
PowerHomeBiz “The baby boomers, or those born between 1946 and 1964, have reshaped the economy by their sheer number. As this age group enters their retirement years, repercussions of this demographic shift will likewise be felt in all areas – from consumer spending to markets, government programs and health care, to employment and workforce. The aging population will also change the face of small businesses”
“Entrepreneurs are more likely to be wise old owls than young guns” Nominet Trust Organisation research:
Contrary to popular belief, the largest number of British entrepreneurs are 55 years and over, rather than 20-somethings like Facebook’s Mark Zuckerberg and Twitter’s Jack Dorsey. New findings by Nominet Trust explode the myth that older people don’t have the desire or know-how to be entrepreneurs. Most people believe that entrepreneurs fit into the 25-34 age group, when in fact they are more likely to be over 55. Nominet Trust has also found that perceptions of how older people use the internet and what they have to offer are largely incorrect: most people believe that people over 65 are luddites when, in fact, the fastest growing users of digital and social media are older.
Forbes Magazine says “Americans are getting older. But that creates opportunities for baby boomers looking for a second career. Careers in aging are not the next big thing. They are the new big thing.”
“By 2050, according to Pew Research Projections, about one-in-five Americans will be over age 65, up from some 39 million Americans, or 13% of the U.S. population now. And the number of those 85 and older is expected to more than double to about 5% of this country’s population”
“This demographic shift is already creating a wave of new fields and opportunities for workers of all ages. It’s just a tease of what’s to come”