A few trends established a context for our conversation:
One in four Americans ages 44 to 70 wants to be an entrepreneur.
Almost half of entrepreneurs are 45 to 64 years old.
Among those 44 to 70, 12 million want to start a business or nonprofit that has a positive social impact.
Half want to do more for their communities.
To help figure out if you are ready for an encore career, answer the readiness quiz questions adapted from Alboher’s book. Indicate “yes,” “no,” or “maybe.”
Are you in a position that you do not have to deal with pressing issues such as providing care for someone else, where to live or a health issue?
Do you have ideas about what you might do next?
Is there an issue that bothers you, one you can’t stop thinking about?
Do you have a sense of when you want to make a big change?
Are you financially ready to make a shift?
Do you have someone you can speak with to share your ideas, thoughts and plans?
Are you open to consider taking classes or having on-the-job training to update your skills or learn new ones?
Do you know the environment you would like to be in and how much time you want to work?
Can you describe what you want to do?