On Becoming an Online Entrepreneur

If you work solo on the Internet, you are by default an entrepreneur. Since you are working for yourself you fit the definition. The word comes from the French word entreprendre, which means “to undertake”. The Merriam-Webster Dictionary defines the word as “one who organizes, manages, and assumes the risks of a business enterprise.”

You can work as much or as little as you want and your rewards will be based on your efforts and how smart you work. Don’t let this frighten you. It is an opportunity for you to expand your horizons and to become your own boss. Possibly, this has been your long term dream.

Am I Too Old to Become An Entrepreneur?

People have asked me if they are too old to launch off on a new job upon retirement and if being over 60 is too old for entrepreneurship. Age is in the favor of the retired entrepreneur. Click here for more information.

The Title is Gender Neutral

Years ago, the title “entrepreneur” would have been worn by a man, but times have definitely changed. For you ladies, this information is presented to be gender neutral.

According to the Center For Women's Business Research there are over 10 million women-owned businesses in the US, employing 18 million people, and generating $2.32 trillion in sales.

Women start businesses at two times the rate of men, and women-owned businesses account for 28 percent of all businesses in the United States. They represent about 775,000 new startups per year and account for 55% of new startups.

In the past 25 years the number of women-owned firms in the US has doubled, their employment has increased four-fold and their revenues have risen five-fold.

Getting Down to Business

Let’s agree that there is no quick fix, no magic bullet that will make money fall in your lap without some effort on your part.

I also assume that you are over 50 and you have received the education that comes with the experiences of life. (Also called the "School of Hard Knocks"). Consider your experience outside the Internet. The brick and mortar businesses that you admire are those companies that are honest and sell a valuable product or service at a reasonable price.

The Internet is no different. To succeed on the Internet, you must be honest and offer a product or service that will be valuable to your customers. Read that last sentence again and commit it to memory. It will serve you well as you move forward to achieve your goal.

Good luck as you strike out to find your ideal retirement job.

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