Business on Your Terms

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This is the first in a series of articles entitled: Business on Your Terms. I hope that you will enjoy what you read and will add your thoughts to the conversation.

Boomers around the world have so much to offer and after a life filled with doing what needed to be done it is time, that if you choose to launch a second career, you do business on your terms. In this series I hope to define exactly what this means and how boomers can find both the business and the terms that best suit the way they want to live and give in the second half of a very successful life and business. No matter where you came from to get to this point, nor where you want to head in the days ahead, you need to set the bar and then go for it!

I want to warn you at the outset that there will be those around you who will seek to set the pace for you, to tell you what you should and should not do, and even set out to steal your dream for this second career. It always seems that “know-it-alls” and “dream stealers” find their way into our lives just about the time we are going to do something great. I’m not saying that you should move without counsel, but I am saying that if the world had always listened to the detractors, we would still be hunting and gathering to survive.

We boomers have the knowledge and skill-set to do anything we set our minds to. As you approach retirement, or as you live in its early years, is there something you always wanted to do? Is there something that you always knew deep down inside that you could make successful? Have you always thought that if you just had a chance you could do something special? Well, now might just be the time. Be careful, be thoughtful, be prepared, but in the end build a business on your terms!

What have you done in this area? What have you chosen to do? What battles have you had to fight? Let us know and let’s get a conversation started that will help us make the best choices for the launching of our second careers!

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The Power of You

For as long as I have been in business I can remember being told that the only way to be really successful in business is to look to others who have been successful and do what they have done. I have been told more times than I can count that “there is no need to reinvent the wheel.”

The only problem that I find with this attitude is that when I have studied the really successful, world-changing people in all aspects of life, they all worked hard to reinvent the wheel. They didn’t live with the status quo. They marched to the beat of a different drum! From Edison to Einstein, from Ford to the Wright Brothers, from Gates to Jobs all the “world changers” in business (as well as all other aspects of life) were re-inventors of their particular wheels.

What does that mean to you? Well, I’m glad you asked! I see three particular things you need to know about these people and how they built their life successes:

1. They were great thinkers and dreamers of how the impossible could be made possible. Real thinking is a lost art in business (as well as most areas of life) anymore. Most people just want to be told what to do and then to follow along in that until they can retire. There are very few hardcore thinkers anymore. That opens a very wide door for those who are ready to think for the good of their clients/customers and for the good of society at large.

2. They were inventors and innovators. Once they spent time in thought, dreams started to materialize. Those dreams became passions and the passions became successful businesses. But, all their success in businesses started as new thoughts about how life could be better for the greatest number of people.

3. They learned that in everyone there is a power that exceeds the normal and everyday! As they would think and dream, they asked questions of others and caused them to think and dream. In the end their initial drive made not only their world better, but the worlds of multitudes of others as well. They challenged others to reinvent some wheels as well.

We each chose our businesses because we felt we had something to offer our clients/customers. We each have set out on the journey of finding our own level of success. We can either limit ourselves to the wheels that currently exist or we can reinvent the wheels of our niche. Either way money can be made, but only as a thought leader can you really find the power of you!