Passive Income

January 24, 2008

Work At Home Boomer – Is this You? Part 2

Work At Home Boomer

Working at home can be a real blessing compared to a 45 minute commute one way or as a method of partially getting out of the "rat race".

Working from home stuffing envelopes, being a remote virtual assistant, telecommuting or a number of other work at home opportunities do not interest me in the least. But that may be a fine alternative for many.

Misconception About Starting A Business

The big misconception about starting a business – whether it’s a work at home business or not – for many is:

Since I’m really good at being an accountant, or a mechanic or any other profession, I’ll start a business and make lots of money for myself instead of working for someone else. They make all the money anyway and I do all the work. It’s my turn.

Believe me, traditional business owners deserve it, particularly small business. Running a business is different than being good at doing something. It is a profession in itself

More on Work At Home Boomer – Is this You? Part 2

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January 22, 2008

Work At Home Boomers – Is this You? Part 1

Work At Home Boomers – Is This You?

There are a growing number of work opportunities for Baby Boomers as Corporate America is waking up to the fact that a significant percentage of the work force is getting ready to retire.  And there is a lot of talent in that retiring group.

Even so from a variety of estimates it’s clear, most Boomers are not saving enough.

Did you know? It’s estimated that:

  • 4 out of 10 people over 60 will fall below the poverty line in their later years.
  • And Merrill Lynch says that many people are only saving about 1/3 of what they will need after retirement.
  • Only about 50% of us are saving enough to maintain a pre-retirement lifestyle when we retire.

It’s actually worse for Gen X, but they’re further down the road.

Since Boomers aren’t saving before they retire, how is working deep into retirement age going to solve the problem unless you have a lot of money stashed before you retire? These issues are compounded by the fact that we are living longer so the savings have to go a further distance. 

And we all know that no matter how much we hope it, the social security debackle is getting worse – not better.

If you want to be a wealthy boomer, the answer is making more money.

Find out why starting an online business makes more sense  ==> work at home boomers

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January 16, 2008

Different Ways Boomers Can Start a Blog

Free Blog and Social Bookmarking Resources

It’s not too late for Boomers – who are technophobes or tech challenged – to get started creating something of value online.

And blogging is a really good place to begin because it has a low entry level threshold and you can start with little or no money.

My fiancee is an excellent example of what I am talking about. Prior to last August, the closest she ever got to internet marketing – personally – was spam from her old AOL account. But she took a free online course from Ed Dale and Dan Raine called the Thirty Day Challenge to learn the fundamentals of Web 2.0 and blogging and how to get listed fast in the search engines. Today when I searched on her primary keyword term for her blog, Baby Boomer Life , I found her at #3 in Google.

Pretty cool…

Blogging takes work -  mostly learning how – and consistency. But It’s fun…

She’s worked diligently on creating good content. It helps that she is a talented writer with a great deal of life experience and ability. She really writes interesting stuff because she is an interesting person. But just the same, she created the whole thing herself and has done an excellent job teaching herself about social bookmarking and creating online relationships with other bloggers. Can you tell I’m proud of her?

More about how different ways boomers can start a blog…

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