Starting a Business at 50+

Don M Jackson
Resource Partner event

If not now, when? Starting a business at 50+

It’s never too late to start a new business. 

  • Almost 26% of new entrepreneurs in 2016 were in the 55-to-64 age group, up from nearly 15% in 1997.  (Kauffman Foundation, Kansas City, MO). 
  • Approximately 29 million people—2 in 5 Americans ages 50 to 70—are interested in starting businesses or nonprofit ventures in the next 5 to 10 years (

“Many entrepreneurs at this stage of life are spurred into action after experiencing a life crisis, or major personal shift of some kind, perhaps a health issue, a divorce, or someone close to them died at a young age. And each person had a flexible time horizon for their venture. They didn't make any rash moves. If necessary, they added the essential skills and degrees before they made the leap. They often apprenticed or volunteered beforehand.“

-Kerry Hannon, author of What's Next? Finding Your Passion and Your Dream Job in Your Forties, Fifties, and Beyond

In this webinar, you will learn:

  • Work to define your long-term passion as a business proposition
  • Clarify the skill sets you need AND already have
  • Understand how your financial history and experience of debt management position you for success
  • Focus on how to optimize the network of connections you’ve formed over a lifetime
  • Learn of the range of supportive community resources and materials

Learn a personalized road map that shows how your long-held dream could become a reality!

Presented By: Mary Jo Schifsky

Mary Jo firmly believes “life is short” and it’s important to do work that engages and fulfills at every age. Over forty years, she’s worked in for- and non-profit settings, as a corporate employee, a business owner and community leader. In 2015, she founded GenSync LLC to help change the dialogue about "traditional retirement age", as she understood it’s crucial for older adults to continue to be involved in paid work. Appointed to the MN Board on Aging in 2019, she’s focused on helping older Minnesotans contribute to their own growth and to the community.