It’s the first full day of fall and I am sitting in my family room with a cup of coffee and my computer. It is quiet and peaceful. Things are moving in slow motion today and although the pace will pick up soon, I am enjoying the slow for now!
Ok, enough about me! This has been an awesome week. As you recall, I began the week with a plea for ideas about how to help Boomers help Boomers. The result of that plea is a conference call next Wednesday with a couple of great people who want to consider ways to create a effort to do just that. I am honored to have been asked to participate. I will keep you apprised as to the results of that conversation. I am sure this first talk will create more questions than answers and your insight will be needed to answer these new questions.
The other major event of this week was putting together a rough outline of a new training program for Boomers looking to build the business of their dreams. It is my contention that with the way things are in this economic climate Boomers need to consider three things:
- Self-reliance is the only guarantee for a successful “retirement.” To believe that the equities market, corporate pensions, or government intervention will “guarantee” a comfortable retirement simply makes no sense any more.
- Beginning to consider this 2-5 years before you retire is a must. Developing the kind of business that can both make you happy, fulfill your life’s dream, and provide for you financially requires to not wait till you have to have income from it to survive. This 2-5 year plan gives you time to test and grow a business and then scale it to meet your retirement needs.
- Finding the right help in creating such a business is imperative. Unless you are well versed in creating a business from scratch, you will probably need some help along the way. Finding the right help makes all the difference in the world. Remember, just because you have the skills to do something, does not mean that you have the ability to turn that skill set into a profitable business. Getting the right information from the right source is imperative.
With 76 million Boomers in the US alone, to think that we can rely on anyone but ourselves to create a comfortable retirement just makes no sense. There are just too many of us. We need to band together and help each other become a generation of giving, going, and doing people, leaving the world in better shape than when we came in to it!