by Amy Grossman
Business Consultant
The first wave of Baby Boomer women, now in their late 50s and?mid 60s, are evaluating the idea of striking out on their own as entrepreneurs. Many are looking for an ?encore? career where they can pursue what they care about and generate an income for the second half of life.
Merriam-Webster Dictionary defines an entrepreneur as a person ?who organizes, manages, and assumes the risks of a business or enterprise.?
Since job opportunities can become more limited at this life stage, starting a business with limited risk can make sense. It?s not for everyone. Many women in midlife who become inspired to take an entrepreneurial path have 7 traits in common. This holds whether they plan to launch a business that grows to be big, or they plan to keep it small - possibly as a solo-entrepreneur and home-based.
1) Autonomy
Entrepreneurs have a strong desire for autonomy. Women at midlife often lose patience playing by corporate rules and want to call their own shots and put their own values first.
2) Resilience
Entrepreneurs have the ability to bounce back from setbacks. It takes resilience to get through the roadblocks that will inevitably show up. At midlife and beyond, women have learned to be resilient as they?ve weathered life?s ups and downs.
3) Initiative
Entrepreneurs are self-starters. The most successful entrepreneurs also keep the momentum going after the initial burst of energy.
4) Confidence
Entrepreneurs believe in themselves and get others to believe in them too. They have the confidence to find the resources they need and the ability to ask for help and support.
5) Intuitive
Entrepreneurs have good business instincts. They use left-brain rational thinking to analyze problems, but they also trust their intuition, which is often correct. Women tend to trust their intuition in business more often than men.
6) Decisive
Entrepreneurs are action oriented. They make decisions and take the actions required to get them to their desired results. Midlife women have had a lifetime of experience to fine-tune their decision-making ability.
7) Connects
Entrepreneurs build relationships. They build networks and thrive on seeing opportunities for connections for mutual benefit. At midlife, women have well-developed networks, which is an advantage in starting and sustaining a business.
This is not the definitive list, but you might find its perspective helpful. For fun, rate yourself on each trait and then answer the question: ?How entrepreneurial are I??
One common theme of women at midlife is the desire to create greater meaning in their work and their lives. 
Baby Boomer Magazine,
with due consideration of the present economic situation,?
has committed its investigative and editorial resources
to find individuals and companies of integrity
?as well as products, services and opportunities of quality and true benefit
?of all Baby Boomers in our preparation and implementation of our retirement??
with a desirable quality of life.
Baby Boomer Magazine Does The Research and Screening of products, services and retirement business opportunities expressly for their true value to Baby Boomers - ones that Baby Boomer Magazine can support with our "Baby Boomer Magazine Resource Guarantee".
Baby Boomer Magazine Utilizes our Baby Boomer Resource Partners to educate, consult and if found of value to you, to sell you the products, services or opportunities that truly benefit you as a Baby Boomer.
Baby Boomer Magazine's Resources Partners also represent various products, services or business opportunities that we have found to be of true benefit to Baby Boomers. We Guarantees there will be absolutely NO Hard Sell, NO Obligation, NO SPAM and NO Hassles.
Baby Boomer Magazine does not accept any Advertising Revenue from our Baby Boomer Resource Partners. We only monetarily benefit if you find the product, service or opportunity that is truly of benefit to you.
Source: http://www.babyboomer-magazine.com/news/178/ARTICLE/1363/2012-08-27.html
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