This document provides 6 tips for becoming an entrepreneur later in life. The tips are: 1) Avoid allowing others to limit your goals; 2) Ignore your age and pursue your dreams; 3) Be open to learning from others through mentors or continuing education; 4) Get your family involved in the business if possible; 5) Consider how the business will impact your personal life and responsibilities; 6) Make sure to plan for challenges that come with being an entrepreneur later in life such as balancing work and family obligations.

1. BECOMING AN ENTREPRENEUR
LATER IN LIFE
6 TIPS
FOR
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2. Make Money: In Your Spare Time!
“Don't find problems or challenges, find opportunities.”
- Richard Butler
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INTRODUCTION
Entrepreneurs aren't limited by age, and you can start a
successful business at any stage of your life.
However, becoming an entrepreneur after working for some
timehas its own unique challenges.
Consider these tips for starting a business later in life:
1. Avoid allowing others to limit your goals.
As you get older, you may have more people in your life who
try to persuade you away from the entrepreneur lifestyle.
* Your family and friends may have good intentions, but they
can also limit your dreams.
* They may remind you that it's more difficult to start a new
business as you get older because you have other
responsibilities.
Children, aging parents, and others can take up a lot of your
time and present challenges when starting a business.
However, knowing that these challenges exist can also help
you make contingency plans for when time is tight.
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TIPS - CONTINUED
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2. Ignore your age.
Dreams don't have expiration dates, and entrepreneurs don't
have age limits. As they say, "you're only as old as you feel."
So if you feel like taking on the rigors of starting a new
business, let your age be the last thing on your mind as you
move forward with your business plans.
3. Be open to learning from others.
The most successful entrepreneurs are open to learning new
ideas.
* Stay up to date on new advancements in your field, either by
keeping in the loop yourself or by hiring employees or
contractors that incorporate this into their tasks.
* Finding a mentor with successful business experience in your
field can help your new business see profits quickly and plan
for successful growth.

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MORE TIPS!
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4. Get your family involved.
Successful entrepreneurs often have their family members
involved in the business.
* Do your children want to help you build a business? Does
your spouse have interesting ideas and want to collaborate
with you?
Your family can help you make your dream come true.
5. Consider the impact of the business on your personal life.
How will the business affect your family and ability to continue
working your regular day job?
* A new business venture may be exciting, but it has
consequences.
* It's important to consider the full impact of the new business
on your personal life. Will you be able to spend time with your
children and spouse as you launch the business?
* Your personal finances are another area that can be deeply
affected by a new business.

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IMPORTANT TIPS
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How do you plan to pay for the business? If your plan involves
draining personal finances or getting new loans, then this can
affect your entire family. It's important to discuss the changes
with them before you take action.
You can become a successful entrepreneur and build a strong
business at any age. However, it's important to stay aware of
the challenges that come with being an entrepreneur and make
plans that will help you overcome these challenges.
Make sure you check out Richard's Coaching
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ABOUT RICHARD
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Richard is a life and business coach who is dedicated to
helping people move to a better place - yes that can be a
physical or a mental place.
I work with individuals who want to move from the 9 - 5 to
something that they own.
It's about being in the driving seat of your life.
Richard is a trained Life & Business Coach, Practitioner of
Neuro Linguistic Program, and all round nice guy :)
Join him at RichardButler.coach/10-coaching
Where you can get group coaching for $10!