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Recent statistics uncovered by Sustainable Virtual Biz finds over 26-million Americans are jobless or only working part-time bringing the Department of Labor U6 employment statistics to over 17% under employed. Worldwide companies are aggressively cutting workers starting with those labeled as aging health or benefit expenses. Increasingly, the baby boomers are learning that when one door closes another opens. Success is built with energy, wisdom, and relentless focus. Regardless of age or circumstance, today millions of retirees are creating second career opportunities that better define their heritage.
 
This is a radical shift in thinking for a group often dubbed the “me generation”. We see an acceleration of the baby boomers transitioning into second careers not only to make millions of dollars but to leave a sustainable foundation to those that follow in their footsteps. Their small business goals extend far beyond selfish dreams to incorporate ideas such as Peace, Quality, Inspiration, Learning, and Family Financial Security.
 
According to U.S. Department of Labor Statistics, the self-employed aged 55 - 65 rose 33% in 2008, double the number of self-employed 25 - 35 year-olds. Research shows that approximately 22% of all new startup businesses are registered by people between 47 and 65 years of age. No matter what the age or circumstance - the sky is the limit, life’s perceived boundaries lie only in the mind regardless of external fears of failure.
 
Today, we live under the burdens of $13 trillion national debt and spiraling healthcare costs reaching almost $2.4 trillion annually about 17% of GDP. The realities have shifted an entire generations thinking, as one in three entrepreneurs ages 51 to 69 plan to make the career transition to self-employment after age fifty. Their primary driving factors is to recapture financial losses suffered recently during the most devastating economic crisis since the Great Depression. Learn More…