Don't Retire—REWIRE! Prosper in a Home Business While "Retired" West Palm Beach FL

Having your own business could become a dream come true. As children, we dream and plan for what "we want to be when we grow up" and continue planning up and around the career ladder throughout adulthood. And then comes retirement. While traditional travel and leisure pursuits sound appealing, for many, the realities and stress associated with change, lack of structure, and even "too much of a good thing" can leave some longing for the days of schedules, deadlines, and problem-solving.

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SBDC at the University of South Florida, Avon Park
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SBDC at Florida A&M University, Perry
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Don't Retire—REWIRE! Prosper in a Home Business While "Retired"

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Use Your Life Experiences to Succeed
By Jeri Sedlar & Rick Miners

You don’t have to wait until you retire to rewire. Rewiring simply means transferring the energy you give from one activity to another. If you are working as an employee and want to go in to your own business, you can take all the energy you give to your job and refocus it on starting and building your own business. Or if you are soon to retire or have retired, consider “rewiring” yourself into successfully operating a home-based business.

It is never too late to get started. We are living longer and healthier lives, so the notion of traditional retirement isn’t for everyone and actually presents a number of challenges for pre- and post- retirees. Living longer means having more time to do things that are fulfilling, as well as the necessity of having the financial resources to carry you through. If you are 40, 50, 60, or even older and are thinking about having your own business, start planning and get going now. Colonel Sanders started his chicken business at age 65 with his first Social Security check. Whether you are considering a job change or you are about to retire, the important thing is not that you will be leaving something behind, but that you will be moving to something better.

Having your own business could become a dream come true. As children, we dream and plan for what "we want to be when we grow up" and continue planning up and around the career ladder throughout adulthood. And then comes retirement. While traditional travel and leisure pursuits sound appealing, for many, the realities and stress associated with change, lack of structure, and even "too much of a good thing" can leave some longing for the days of schedules, deadlines, and problem-solving.

As transition experts, we recommend engaging in active planning now for your "second career" sooner rather than later so that you can avoid the stresses of transitioning to retirement. Attitudes and expectations about retirement have changed and the transition to retirement — which in itself is stressful — is made worse by not having a plan that includes psychological preparation, selecting activities, and understanding the changes in family dynamics that may occur.

Knowing What Makes You Tick
People normally think of the negative aspects of work: the long commute; the difficult boss; the impossible customer; unending office politics; the stress; the deadlines; and the unfairness of company decisions. What we often fail to remember is work is also the place where we get to use and improve our skills, indulge our creativity, rack up accomplishments, have a community and friends, and get our “atta boys” and “atta girls” kudos. Work is much more than we give it credit for. It is not just a financial relationship or all about the money you earn.

Before we wrote the book “Don’t Retire, Rewire!,” we did research on individuals and their work lives. We asked the fundamental questi...

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