Why Seniors Citizens are Thinking About Starting a Home Business

Most people think that senior citizens should continue to live a life of leisure as they’ve earned the right to take it easy. However, some people who are at an advanced age may not be inclined to do so as they prefer to find other ways to stay engaged with the world.

Extra Cash In Retirement 

Some active seniors who live at home, and even those who reside in assisted living communities, often find that the monotony of doing nothing at all can lead to boredom or loneliness. While a steady or part-time job may be out of the question at this point in their lives, some find that starting a small business is the perfect way to pass the time while making a bit of money in their golden years.

For seniors who have the entrepreneurial spirit, the desire to have a small home business or online business has nothing to do with accumulating more wealth. Cash may be an important determinant of a person’s life satisfaction, but its effect declines over the age of 75. For business-minded seniors, acquiring more money is not the purpose of any endeavor – it’s about doing something meaningful to fill their days.

Inspiring Entrepreneurs

Some seniors have even become so passionate about what they do that they became successful later in life. There’s Col. Harland David Sanders, who franchised his first Kentucky Fried Chicken at the age of 62. Then there’s 82-year-old Dorrie Jacobson, who started a very successful fashion blog to inspire women over 60 and has become the darling of the fashion world.  

If you’re a senior citizen and are thinking about starting a small home or online business, you’re in luck – there are lots of opportunities out there for you that aren’t physically demanding. Even if you’re in an assisted living facility and have impaired mobility of movement, there are other things that you can do that don’t require you to move around as much.

Here are a few business ideas if you’re planning to start a home or online business:

  • ·         Take a call center job. This is a great online job if you have low mobility as all you need to do is talk on the phone.
  • ·         Follow in Jacobson’s footsteps and start a blog where you can give expert advice. Pick a topic that you know and start writing. If you aren’t tech savvy, there are tons of tutorials out there to get you started.
  • ·         Do you love to sew? You can start an alteration business or take on small sewing jobs from your neighbors.
  • ·         If you’re into crafts or DIY projects, you can sell your wares at craft markets or at an online shop, such as Etsy. Many seniors earn a decent amount of money by selling handmade soaps, lotions, knitwear, and other items on this site.
  • ·         Got a winning cookie or pie recipe? You can sell baked goods at home or online. You can ask younger members of the family to scout for places where you can sell your food if you want to earn more.

There are many small businesses that you can launch from the comfort of home. All you have to do is to find one that you’d enjoy doing, and most importantly, one which will give you happiness and a sense of fulfillment.

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