50 Not Out is a heading on an article in the latest FSB magazine ‘First Voice’ which caught my eye this week. 4,000,000 people aged 50-64 in the UK are classed as ‘workless’.Unfortunately, a large number of this section of people have been made redundant several times in the last few years or have realised that their pension will not be sufficient to live on. The article tells us that they are having to deal with the shock of redundancy and are struggling to come to terms with changing personal circumstances resulting from it.
For the over-50s, the biggest obstacles to overcome are often rebuilding self-confidence and a fear of not having the necessary skills. So why is it that around 400,000 people in this age bracket want to work for themselves as sole traders or by setting up a business?
Perhaps it’s because we are told our life expectancy is increasing and along with that, we realise that with the changes in retirement age, we are going to be around longer and working but the current economic climate is not encouraging or allowing us to find work. If you are over 50, starting your own business might be the only way to make a living but if you have always been employed, this could be quite scarey.
Encouragingly, the article also tells us that “A business started by someone over 50 is more likely to survive five years than one started by someone in their 20s or 30s”. Perhaps this is because we have experience and a bit of know-how? I recognise that even though I am over 50, I still have a lot to give and a lot to do. I have dreams, goals and ambitions. True they are different from the dreams, goals and ambitions I had when I was in my 20s and 30s but I am still going forward.
I am very interested in hearing from anyone reading this who is over 50 and would like to start their own business. I have the perfect vehicle. Have a look here and get in touch if you would like to have a chat about how I can support you to build a great business, with the full backing and support of a stable, global organisation.
If starting your own business isn’t something you want to do but you are feeling the effects of redundancy or lack of confidence then there are many Bach Flower Remedies which can help with that. Contact me and give me an idea of what you are experiencing and I would be happy to recommend some remedies for you.
Just as a rough guide, here are a few:
For getting over a setback – Gentian
For dealing with shock – Star of Bethlehem
For backing off from something you really want to do but you lose your confidence – Larch
For dealing with changes in your personal circumstances or lifestyle – Walnut
You can buy the Bach Flower Remedies from good health stores or I can make a remedy and send it to you.