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" ... Ageism is a huge issue and it pushes people out of the workplace before they're ready to retire or before they want to retire. We're living longer and we need to work longer to fund that longer life. So, we're seeing a lot of people in midlife who are seeking a paycheck because they need to continue to work, but they're also looking for purpose. And sometimes the thing that they need is some mentoring of their own. ... "
" ... Only about 1/5 high school students and 1/3 college students reports having a clear purpose in life. From that, rates drop into midlife and even more significantly beyond that. ... "
" ... The beauty of making a midlife career change into franchising is that you can draw from your previous experience to run your business. Business acumen, relationship-building skills and the ability to lead teams are all skills that lead to successful franchise ownership. In my experience, the best part of investing in a franchise is that the risks are often mitigated by a franchisor's proven system and support. If that's not enough to convince you, here are some more compelling reasons to consider making a midlife career change into franchise ownership. ... "
" ... The internet and falling technology costs are making it easier to launch a business in midlife, said Farrell. “So now, with most of these businesses, the owners are not touching their 401(k) or 403(b) retirement plans. That makes starting a business less risky for their retirement,” he noted. ... "