0103 – Why More Seniors Are Launching an Online Business

Supplementing a totally inadequate retirement income is a major concern for those who are retired or about to enter their retirement years. Another concern is keeping themselves mentally and physically active during years when some are willing to just relax and do nothing – causing both mental and physical atrophy.

Also, launching an online business has become very appealing to those who lack money for startup costs and who want to avoid headaches and time involved in an offline business.

The cost of starting an online business after the computer and Internet connection are minimal. Plus, seniors can turn a passion such as golfing or fishing into money-making blogs, websites and businesses offering products.

There’s no overhead such as advertising unless you want to invest in paid methods. When you know how to use the Internet for profit, you can advertise for free on social media and other sites.

Those who have developed useful skills are way ahead of the retirement game. For example, if you’ve been a counselor, you can begin a self-help site, teach an online course or write a book for Kindle.

There are many ways for seniors to begin new and exciting careers on the ‘net and make a supplemental income to help pay for necessities or luxuries that the retirement income won’t cover.

Many seniors are ready to kick back and enjoy some leisure activities they’ve been unable to do during their job years. An Internet business allows you to set your own hours and devote as much or as little time as needed or wanted to build your business to the level you desire.

Online businesses are also great for meeting new friends and socializing. Studies show that seniors who retire often miss the opportunity to interact with coworkers each day. An online business opens the door to global networks, letting you get to know people from all walks of life and around the world.

An online business is low stress. Compare the thought of running a business from the comfort of your home to beginning your new career by purchasing and running a restaurant, for example.

When you’re entering your retirement years, the last thing you want to do is immerse yourself in a high-stress, high-investment type of business. With an online business, you can begin slowly, with very little overhead needed.

Thanks to the power of the Internet, seniors can now supplement their retirement incomes by starting an online business that they can be proud of and one which will provide satisfaction for many years to come.