Retired Brains

Work From Home

A third of workers age 55 and older who were laid off in the past 12 months and did not find a job said they were considering starting their own business, according to a CareerBuilder.com survey
 
The age at which entrepreneurs are more innovative and willing to take risks seems to be going up. Data from the Kauffman Foundation shows the highest rate of entrepreneurship in America has shifted to the 55–64 age group, with people over 55 almost twice as likely to found successful companies than those between 20 and 34, and  individuals between the ages of 54 and 64 represented 22.9% of the entrepreneurs who launched businesses in 2010.
 #1 in Identity Theft Protection
Many of our visitors have either not found the kind of job they  were seeking or would prefer to work from home, so we have put together this information to assist them. Some of the suggestions come from our readers themselves as they found it to be a good way to create extra income or, in some cases, successfully take the place of a full time job.
 
Work full-time, part-time, or flex-time...from home or an office location anywhere in the country. Blue Coast Savings Consultants offer services that businesses want and need. You will manage pre-set appointments. Your primary responsibility will be building relationships. If you are interested in a second career in consulting, consider Blue Coast. To learn more, watch their webinar.  Check out Blue Coast at www.bcsavingsopportunity.com/
 
Become a "mystery shopper" go to Mysteryshop.org where they provide a link www.mysteryshop.org/shoppers/ to search for assignments with member companies that are looking for independent contractors to become mystery shoppers.
 

Click on a link to learn more... 

Telemarketing
Write or Edit
Translate On-line
Direct Selling
Become a Virtual Customer-service Agent
For Techies
Become a Cooking Consultant
Medical Coding and Transcription
Become an On-line Tutor
Home-Based Jobs for Americans with Disabilities
 
If you plan to have more than just a small enterprise or if your business expands into more than just a small "sideline" that is earning you extra monies, check out the steps you should follow on our Start Your Own Business page.

Discover Platinum Clear Card Application

 

Work From Home: Do Your Research

Unfortunately in the area of work from home there are many companies  that  make offers that sound enticing but are not legitimate and are designed to separate you from

QuickBooks Online  - Try it Free for 30 days

your hard earned money. According to a recent survey by the Investor Protection Trust, one out of every 5 citizens over the age of 65 has been the victim of a financial scam.

We encourage you to carefully investigate any business and particularly those that require substantial investment on your part.  Check with the Better Business Bureau and if possible others that have invested in this businesses.  Google the company and see what people are saying. 

Tips for avoiding work from home scams

  • Don't give personal information to anyone you don't know. This is how scammers get information for ID fraud. 
  • Get information up front. Find out the physical location of the company: address, phone number, name of the CEO, and  their mission statement. This will enable you to do a Corporation Check at the Secretary of State Office in your State. You can also use Google Maps for a quick check of the accuracy of their location. Be wary if you are only given a PO box for the address.
  • Do not pay for information on the product or service that is being offered.
  • Steer clear of companies that offer to send you an “advance” on your pay. Con artists do this to get your bank information and set you up for bounced check scams.
  • Verify the information you have been given before proceeding. Don’t sign documentation that requires periodic purchases.
RetiredBrains has made every effort to only include legitimate businesses on these pages but we make no guarantee to our readers and urge you to use caution prior to investing.  There are no get rich quickly business, so if it sounds to good to be true it probably isn't.
 
Business loans, from $5,000 to $25,000, available to older entrepreneurs
Superior Financial Group is one of the largest SBA lenders in the country with over 30,000 loans funded. They are able to offer older entrepreneurs a simple and easy SBA working capital loan. Many financial organizations are not lending to small business in these difficult times. This is not the case with Superior; they are available to help you start your business, expand your business or take your business to the next level . For information on qualifying for a loan click here.
 
Small Business Suggestions from our Readers

Carrie Bledsoe started her own concierge business. She runs errands for her clients including buying groceries, shopping for gifts, arranging parties, making vacation plans, seeing their pets are taken care of while clients are on vacation, etc. She started doing this for friends while she was in between jobs and has turned it into a full-time job. She told us she has even hired reliable people to help her during the holidays as this is her busiest season.
 
Bill Franks, a retired engineer, spent a great deal of time designing landscaping for his own house and wrote us that he was successful in starting a small landscaping business..
 
Betty Pohler has two dogs that she walks regularly and said in her email "I thought why can't I take care of some other people's dogs and get paid to do so?" Now she employs 3 other neighborhood "dog people" to assist her growing dog walking business and she even has been given keys to the houses of some of her clients so she can feed and check on their dogs while they are on vacation. 
 
Peter Minter said he was always handy around his house and now has a growing business painting and doing small repairs in the neighborhood and said he has even been contacted because of a referral to work in a town 30 miles away.
 
Marge Blankenship has her grandsons helping her to cut grass in the summer and remove snow in winter. Her small enterprise has grown to the point where she now utilizes neighborhood kids to help keep her customer's properties looking well maintained. She told us "its easy, why didn't I think of this before.".  
 
Morrie Cravits wrote to tell us he was always a good organizer and thought "why can't I put this skill to use" and as a result he has built a business cleaning out and organizing garages. "You wouldn't believe how much junk piles up in people's garages," he told us and "almost everyone I spoke with were real glad to have me pitch in to clean and organize." He urged us to tell others to try this as a source of income.
 
Corey and Sally Bridgewater started selling their handicrafts at a small craft market 2 years ago and now they travel to many craft shows and flea markets where they not only sell what they make, but sell all kinds of goods they get on consignment and even purchase items to sell "if we can buy them right" said Sally in her email to us.
 
Francine Taylor was always a good organizer and put her talents to work as a Move Manager. She assists people coordinate their move including separating what is to be moved from what needs to be sold, given to family or charity and thrown out. She helps with some of the packing and labeling even in the deciding of what items go to which rooms in the new home. Most of her clients are seniors but some are busy younger workers who do not have the time.
 
Mary Francis Milligan always loved to cook. Now that her 5 kids are out of the house she put her cooking skills to use by helping busy friends and neighbors plan, pick up and cook the food they serve at parties. This led to her being asked to do so for others she did not know.  She charges for her time and works within the budget her customers provide. She told us that she has handled a party as big as 50 but had to hire some help to serve and clean up.  She has even put together some meals for special occasions for just a couple who wanted to celebrate in their own home.
 
Katy Walters always considered herself a great shopper. She knew just where to find bargains as well as those special gifts that no one else thought of.  Now she uses this ability to shop for others. She works with both men and women who are either to busy to shop for gifts or things they need for their home or just don't like shopping.  She receives a percent of the total cost of what she buys but has a minimum charge for her time. She also returns and exchanges things for her customers but cautions she does not provide this service by itself.
 
These kinds of business require very little capital and can provide needed extra income. In some cases what starts out as a small business can grow into a highly satisfactory source of extra money.
 
Going into business with your parent or child.
The Wall Street Journal ran an interesting article November 15 on several businesses where a parent and child successfully started a small business together.  In each case there were both advantages and challenges but both contributed and a good deal of revenue was created.
 

Post a job, Hire the Right Employee, Hire an employee with experience

Continuing Education, securing a retirement job, retirement jobs, college education to get a job in retirement