Are you in your sixties already? Do you want to start a business now or want to be self-employed?
A report carried out in 2014, shows that those ages 55 to 64 had a higher rate of new entrepreneurial activity than the stereotypical risk-taking 20 to 34 age group.
So at 60, you are still in the right age to go into business as an entrepreneur if you so choose to be one now.
You can make your choice of business from this article Business To Learn As 60 Years Old
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But, I want to tell you that you still have a lot of time to accomplish your dream.
People of your age have a greater passion for entrepreneurship than younger generations.
This because the passion that spurs someone to dream of starting a business isn’t reserved for young alone and gets more realistic with age.
Many retirees have set up businesses and succeeded in it well.
Starting a business requires many considering factors like how to finance a business.
However, the biggest challenge is having the confidence to do business.
Sometimes you may have the dream and the drive, but you may not be able decide what step to take?
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You can also build the skills you need by reading this article : Skills To Learn At 60 Years Old
However, there are many opportunities for mature people like you to start a business today.
The Following Are Ten Self – Employment Opportunities For 60 Years Old
1. Consulting And Coaching Business
Coaching and consultation are business that requires experience. They are good business to consider as an elder that want to be self-employed.
Now that you are sixty, and you are officially an old man or woman, in fact according to WHO, a 45-year-old is an elder already.
Your experiences in life may have earned you a depth of knowledge in a specific field by the time you are sixty and this knowledge could serve as the foundation you need to build a business and be self-employed.
Many people that succeed in business or entrepreneurship life started their carrier late in life after acquiring knowledge and learning from many mistakes of life.
They now make fewer mistakes and hence succeed faster than younger people succeed.
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Coaching, consulting are businesses for the experience in life.
Your life experiences and expertise are what will help you guide others in what decisions they have to take to be successful in life.
So think coaching, think consulting if you want to be self – employed.
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2. Arts Collection, Products Recycling, And Bookkeeping
As a sixty-year-old, you may have enough life experience to consider Arts and Artifacts collections if you are art and suave person.
This is a good opportunity for you to be self-employed
Because there are many opportunities to keep you busy, make you travel and earn lots of money in the process.
If you cannot do art collection, why not recycling business? This is a multi-billion dollar industry. You can collect scrap metals, plastics, rubbers and other items for recycling.
You will make so much money in the process.
Bookkeeping is another promising field for a post-60 entrepreneur if you choose to become a self–employed at sixty years old.
It is a low capital business to start, if you plan it well.
A bookkeeping business also offers flexibility in terms of choosing your work schedule and clients.
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3. Opportunities Based On Your Passion
Your passion can become your business or a job for you! A common cliché says, “Follow your passion”
Following your passion should be the guiding principle in starting a business after 60.
Just that you should ensure that the passion you want to follow should be the passion that will offer services that are in demand.
If your passion is just to cook delicious meals, why not start a restaurant business?
What if traveling or fishing is your passion, how do you use such as a passion for employment?
I will tell how, why don’t you write a book or a blog about your experience.
You can as well start a YouTube channel posting videos of your experience and you will surely get subscribers that will make you earn from advertisements.
Also, you may want to ask me what if I am not the internet type, how do I monetize my traveling passion?
Have you considered becoming a tour guide? or starting your Travel Agency?
If fishing is the passion, then fish! Some people may prefer your fresh fish than the ones that are frozen.
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4. Web-Based Business Opportunities
I have talked about YouTube already.
Web-Based business is a business that is done on the internet. Almost all businesses today have one form of online presence or the order.
However, having an online presence does not make a business a Web-Based.
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Web-Based Business is a business that is fully operated online without the need for a physical contact.
At that, some online businesses like eCommerce still require shipping of the goods purchased done physically.
However, all transactions are completed online.
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Web-based business is a very broad opportunity that you can contemplate going into if you want to be self-employed in your sixties as an adult.
The most common online businesses include Web And App Development if you have the nerve to start learning how to code at that age.
As 60 years old, you can also go into blogging as I have earlier mentioned.
Online courses, Affiliate Marketing, etc.
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5. Freelance Business Opportunities
As someone in your sixties starting a freelancing business is probably one of the easiest paths, you could take as a beginner to self-employment.
Freelance business is the best definition of self-employment.
Here you are on your own, you work on a contract and not been employed by anyone.
This is an online business in which you can offer up your skill, which may include writing, design, analysis, calculating etc.
You can register on some websites like Freelancer that offer freelance jobs.
Some freelance websites make it easy for you to be connected to customers and vendors, and handle they all of the technical stuff, so you can focus on providing the required service.
Here your passion and expertise we talked about earlier come into play.
They help you come up with ideas for a service you could offer.
Freelancing gives you the opportunity to do something where you enjoy while you are making a profit.
Examples of freelancing jobs you can do include tutoring, writing, marketing, virtual assistance and tech-related fields.
Some freelance jobs involve physical accomplishment like driving an Uber car using Uber.com.
You can rent out your room in your home with AirBnB.com, you can answer questions for people on JustAnswer.com
Freelance sites are always free to join, usually, the websites get a percentage of the income from every job you get from their website.
All you need to join is the value you can offer people, or learn to offer people, that will create a reliable income for you.
The more effort you put into performing a great service, the better your reputation will become and the more money you will make.
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7. Affiliate Marketing
As a sixty-year-old, if you know just a little about how to operate a computer then this is for you.
This is a good self-employment opportunity for someone in the sixties.
It is a business model that I presently do.
To start this business is by having a simple blog website about a topic you are interested in and promote other people’s products as an affiliate on that site.
There are many sites you can get completely free websites to start, but I will advise that you get a simple WordPress website hosted with a good domain name so that you will be professional and trusted.
Then, you will have to produce much important content to your audience so that when people visit your website, a percentage of them will click on your ads and if they buy, you earn a commission.
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You may think marketing on the internet is difficult or that you need special skills to succeed, but that is not so.
This is because you don’t need special skills, but what you need is attitude and desire.
If you want to succeed and you are willing to work for it, then you can achieve what you want.
But the biggest challenge is finding the right training, tools, and support to get started.
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8. Networking Marketing Business
As someone in your sixties, if you do not like the idea of setting up a business and dealing with some of the associated challenges.
Then, you may consider this model if you want to be self-employed.
You should be careful about the kind of networking business you choose to join.
Many of them are frauds, and you should avoid them.
So select a legitimate company with real products.
Also, take time to do your research on the company to check whether it is legitimate?
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Network marketing is also known as Direct selling, it’s a way to start working within an existing business, kind of like a franchise. Only it’s cheaper.
There are many of these companies, some better than others.
But, I will not name any company here yet, until I can do a proper review on them, so I apologize for not giving an example here.
Nevertheless, follow this advice; look for a company with a successful record of accomplishment and one that trains you to build your business beyond just family and friends.
This model is it’s much like buying into a franchise, only much cheaper.
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10. Humanitarian And Service Business
As an adult in your sixties, it is time to consider giving back to the community.
This model is a model for you to consider, if you are not money-making conscious.
You will still be comfortable in this line of business as you will be able to afford all the necessities of life.
There are many opportunities to consider in the humanitarian service business if you want to be self-employed.
This includes care for the vulnerable, the elderly, the hungry, etc.
These are businesses and services that are geared toward people in their 70s and 80s that can be done by people in their 60s and 60.
For example, patient advocacy services for seniors will need assistance with healthcare-related issues, such as tackling billing mistakes or sorting out insurance coverage.
If you have some medical line qualifications you can start consultancy services in care for the elderly.
You can also consider becoming a personal fitness trainer for seniors, home-modification professionals, personal finance planners, and fitness trainers for seniors.
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There are many other ways to start a business or be self-employed at sixty years old.
Whichever option you prefer, put your effort into it to see it succeed.
The bottom line is that, all of these are worthwhile options for someone in his or her sixties.
However, they are by no means the exhausted list of things you can do to become self-employed in your sixties.
I only focused on businesses that I have done or have seen others do successfully.
There may be better ways to earn money as a sixty year old that I did not mention here please if you know any, comment below so that I can update the list.
To create a lifestyle with more freedom and flexibility than virtually anything else out there. Consider self-employment.
Tallachi Philemon writes for Classified Messages
Tallachi Philemon, a Chemical Engineer and a Certified First Responder is the founder of Classified Messages, a platform for Achievements, Success and Wealth Creation.
He is also the owner of TALPHITECH, a web and app design and development company.
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