Are you looking for some idea to start your own business at 50 and beyond?
If you were forced to quit your job before the age of 60, perhaps due to a corporate downsizing, but the idea of filling your day with card games, gardening and television series doesn't appeal to you that much?
Quitting work, especially if you have had a rich and rewarding professional career, could really end up sending you into a crisis, not only from an economic point of view, but also from a psychological and personal point of view.
So it is possible get back in the game with an entrepreneurial activity even when you are one step away from retirement? My answer is yes, there's no reason not to, especially when you have the right idea.
Here then is below 10 ideas for starting your own business at 50 which you can inspire to become an entrepreneur even at your age.
Before I go any further, I want to tell you that it's largely about part-time activities and/or activities that can also be managed from home and that do not require particular physical efforts: in fact, after fifty, your body may no longer be suitable for carrying out hard work, so it is preferable to opt for milder activities that engage you for a shorter period of time.
Help index
- 1. Personal driver
- 2. Childcare worker
- 3. Interior decorator
- 4. Translator and interpreter
- 5. Craftsman
- 6. Private teacher
- 7. English (or other foreign language) teacher
- 8. Pet Sitting
- 9. Security services
- 10. Start your own business at the age of 50 by giving paid online video lessons
1. Personal driver
The elderly population is growing exponentially compared to the non-elderly population in all developed countries.
This involves the emergence of new needs also with regard to transport: there are, in fact, many people who, having passed a certain age, are not willing and sometimes not even able to drive, thus requiring assistance to be accompanied to the doctor or to go shopping.
If you have an outgoing personality and enjoy driving as a personal chauffeur or escort this could be a business opportunity to consider, although of course you will need to get all the necessary permits and licenses to be authorized to transport elderly and possibly disabled people.
Be careful, however, the costs for starting this business could be quite high because you will need to obtain the licence, the vehicle and probably also the platform to facilitate ascent and descent of non self-sufficient people.
2. Childcare worker
Even if the elderly population is increasing, let's not forget that one of the main needs of families is represented by childcare services.
For women above all, a working solution to start their own business at 50 is represented by the activity of Baby sitting.
Obviously this is a type of work that can be done with varying degrees of commitment depending on your state of health and your needs: you could look after one or two kids returning from school or one or more newborns for the whole day while their parents work.
3. Interior decorator
Unless you are in perfect physical health, taking up construction jobs like carpentry, plumbing, or roofing is probably not an option you can consider.
However, if you've always had the desire to work in the construction sector, how about something less physically strenuous?
If you have an eye for colour, can draw and are skilled with a brush, why not consider the painting or interior decoration as an activity to do to start your own business at 50?
4. Translator and interpreter
La translation is now used in a wide range of sectors, from advertising to the medical, legal and IT fields but, despite the efforts of companies like Google to develop software capable of automating the reading of a text from one language to another, the results they are still fine.
If during your past activity you have learned one or more languages while also acquiring excellent writing skills in the latter, you could put these skills to good use to become a professional translator.
Working as freelance interpreter for various types of companies you could really make a good income from this business.
5. Craftsman
If you have artistic skills and you enjoy painting, sewing, pottery, woodworking, or another form of art or craft, why not turn it into a business?
Maybe now you're wondering where to start: if you want some advice, take a look at Etsy right away, the site where you can buy and sell homemade arts and crafts Worldwide; vendors can even create their own Online shop in which to market their products.
Alternatively, you can also sell your handicrafts at local craft fairs, markets and shops selling typical products.
6. Private teacher
How to start your own business at 50 by giving lessons? If you have teaching experience, or you excel in some particular discipline such as English, Maths, Physics, Chemistry, Music and so on, you could give private lessons at home.
Give repetitions a young students certainly won't make you rich but if you manage to organize yourself and have more kids to follow at the same time you could really be able to make a decent profit.
7. English (or other foreign language) teacher
Know English well it is certainly a plus point in any profession, but even if you have to be out of work this competence could help you. As? But it's simple: becoming a teacher of this language.
In fact, there are not only children of school age who are interested in this type of teaching; but also managers, professionals and employees of large companies who may need to perfect their knowledge of this language in order to use it for business reasons.
If, in addition to English, you should know other languages, such as French, Spanish, Russian, Portuguese or even Arabic, Chinese, Japanese and Hindi, do not hesitate to offer yourself also for the teaching of these because this is truly an opportunity not to be underestimated.
8. Pet Sitting
Loving animals it is the fundamental requirement to carry out this activity, which in any case can really reserve a lot of satisfaction.
In fact, many families have dogs, cats or other types of pet at home and often do not know who to look after them when they have to be away from home for several days.
Here then is that offer a dog sitter or pet sitter service in a professional way you could really achieve some success, perhaps even offering additional services such as mail collection, garbage disposal and watering the vases in the house and on the balcony.
9. Security services
Between the 10 ideas for starting your own business at 50 could not miss one linked to security theme: it is, in fact, a need strongly felt by people and which in the near future will become increasingly preponderant.
Especially if you've worked in this industry before, you might think about starting a business like security guard o surveillance consultant, especially if you are looking for part - time employment .
10. Start your own business at the age of 50 by giving paid online video lessons
You are a person who has good familiarity with technology it's a know of any kind you want to share with someone?
If so, I have the perfect idea for you to start your own business at 50: it's called Cam.Tv and it is the first social network of knowledge ready to help you turn your passion into a real job.
Cam.tv is, in fact, a platform, with more than 12.500 subscribers, where it is possible upload your video lessons and your ebooks monetizing it all with a integrated payment system.
Well, among these ideas that I just gave you, is there at least one that seems tailored to you? If so, don't think you've already arrived. Once you've chosen which business opportunity to jump into, you'll have to write a business plan: this will allow you to understand if the idea you have chosen is really feasible.
Alternatively, all you have to do is take the resources4gaming quiz to find the business that suits your needs
