Making Lemonade: Starting a Business After Ending A Career

| Total Words: 1074

What do you do when the money tree starts sprouting lemons?

Its increasingly common these days to find middle-aged, mid-level managers suddenly faced with huge shifts of circumstance. Down-sizing, bubble-bursting, plant-closing, and consolidating are just some of the forces creating a class of sudden solo-preneurs.

At 50-something you face particularly difficult job-hunting challenges. Your salary range is high. Your network is decent after so many years, but jobs at your level are few. Youve been there, done that, and thought you were finished with all that new trick-learning.

A big upset like job loss can provide a shift of perspective– an opportunity to take stock. What is really important? What do you want to pursue at this point in your life? Is being your own boss the way to go?

I spoke with several silverbacks to share their wisdom gleaned from these life changes with a new member of the pack.

Dean turned 50 in January of 2005. In May he was fired from his position as marketing director of a high-tech firm. Hes angry at the ease with which an employer could let him go.

Control is a big issue for me. Do I really want to...

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