F
or most women, midlife is a time of change: physical changes in the body as a result of hormonal shifts; changes at home as children grow up and become independent; and changes in close relationships as they mature or come to an end. For some women, these changes are accompanied by developments in their careers and work lives as well. These changes can be positive and life-enhancing or they can be the start of a realization that you are feeling unhappy and unfulfilled. Midlife can be a time to re-assess where you are in what you wanted to achieve and how close you are to achieving your dream or life purpose. More and more women are becoming midlife entrepreneurs. The good news is that 70% of businesses started by people in their 50s survive for at least 5 years whereas only 28% of those started by younger people last that long. This may be due to factors such as life and professional experience, transferable work skills and bigger networks of business contacts.
Here are 5 tips for becoming a successful midlife entrepreneur:
1
Follow your dream. Setting up your own business can be challenging. If you choose an enterprise that you love and feel passionate about, you will stay motivated to overcome obstacles and embrace opportunities. So take time to consider what makes you happy? What could you set out to achieve that would mean the world to you?
2
Surround yourself with supportive people. Who you spend time with is who you become so it is essential to spend time with people who support and encourage you. These may not be the same people who were your supporters in your pre-change life. Those people may feel threatened and concerned about your new direction. Create a new community of supporters who are relevant to your enterprise through physical networking as well as online networks. Set up a Mastermind group of likeminded entrepreneurs.
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