AARP Work for Yourself @ 50+
There are always those who challenge the status-quo. People that dare to be innovative, pride themselves on hard-work, and understand the importance of perseverance and growth. These are some of the best ways to describe encore entrepreneurs. Business ownership after the age of 50 starts with an idea that seems to never go away. AARP Foundation’s Work for Yourself @50+ program helps older adults take hobbies and passions they have developed for years and visualize the process of working for themselves using those tools. Here in St. Louis, Missouri at the Small Business Empowerment Center we are taking AARP Foundation’s goals of fostering employment and financial capability.
Byron Nichols from North Saint Louis City has proved that business ownership is not just for the millennial generation. Mr. Nichols has been providing a service to his community for over 10 years with his knowledge about car sales. During one of our workshops, he described his practice of helping friends and family members with purchasing vehicles from car dealerships. He explained to the class that, “Some of us tend to get preyed on when buying a new car”. Because of this sad fact, Byron began tagging along and saving buyers between two thousand and 5 thousand dollars on their car purchases. When he told me more about the frequency and trends of these transactions I told him that he was already in business.
Since attending the Work for Yourself @50+ Workshop, Byron has felt empowered with the right support team behind him to move forward with turning his part-time business into a formal LLC. We’ve began writing a business plan, and plan to finalize his LLC in the upcoming weeks. Work for Yourself @50+ is the platform to finding your focus.