“Starting a business can be a great way to change your career path at any age, there is no barrier. According to research with Enterprise Nation members, most over 50s start-up because they want a better work/life balance, or they want to turn a hobby or a passion into a business for the longer term.
“Most have a huge amount of valuable insight, and so it’s not a surprise that more than a third of more mature entrepreneurs are compelled to build an enterprise that can use those skills gained over a career to give back to the community.
“While enjoying what you do is a key driver, this age group are still learning new skills – how to manage business finances and how to harness technology and social media to grow a business for example. The over 60s are the original side hustlers. According to our research, 66 per cent of the over 50s and 70 per cent of the over 65s in our membership are running a business as well as holding down a job.”
Enterprise Nation is a vibrant community of small businesses and business advisers that exist to shortcut your route to trusted business support. Whether you‘re starting or growing a business, we have the resources, expertise, and connections to help you get it right. Access support at a selection of events held up and down the UK, or online via a dynamic platform that gets you to answers and advisers fast.
Where to start
The StartUp Kit –A free e-book with all of the first steps and essential tips for getting started:
Watch a webinar recording on ‘How to start a business over 50’
Volunteer to mentor a small business and see what you learn in return
Find out more at: Expert support for small businesses in the UK | Enterprise Nation