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5 New Boomer Business Owner Mistakes

01 Apr 2017 | Posted Under Boomers

Boomers are changing retirement from our parents' version - lounging and early-bird specials - to our own brand: starting our "second act," taking up something we love to do but didn't have time to pursue during our career.

 

For some of us, it's starting our own business. 

If that's something you're considering, or you know someone who is, read on.

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Launching a business in midlife can be both rewarding and profitable, but too many first-time entrepreneurs make big mistakes in the process, which is why 80% of new companies fail in the first three years.

 

Here are the 5 most common mistakes we make, and how to avoid them, from Boomer Second Act Coach and author Kathleen Rich-New who has spent extensive time studying successful & unsuccessful new mid-life businesses:


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