I’m Yvonne Akinmodun. As a HR Consultant and career coach, I have helped my individual clients find jobs and careers that have helped them fulfill and achieve their full potential in their chosen career.
Entrepreneurs aren’t limited by age, and you can start a successful business at any stage of your life. However, becoming an entrepreneur later in life has its own unique challenges.
Consider these tips for starting a business after 40:
Avoid allowing others to limit your goals. As you get older, you may have more people in your life who try to persuade you away from the entrepreneur lifestyle.
Your family and friends may have good intentions, but they can also limit your dreams.
They may remind you that it’s more difficult to start a new business as you get older because you have other responsibilities. Children, aging parents, and others can take up a lot of your time and present challenges when starting a business. However, knowing that these challenges exist can also help you make contingency plans for when time is tight.
Ignore your age. Dreams don’t have expiration dates, and entrepreneurs don’t have age limits. As they say, “you’re only as old as you feel.” So if you feel like taking on the rigors of starting a new business, let your age be the last thing on your mind as you move forward with your business plans.
Be open to learning from others. The most successful entrepreneurs are open to learning new ideas.
Stay up to date on new advancements in your field, either by keeping in the loop yourself or by hiring employees or contractors that incorporate this into their tasks.
Finding a mentor with successful business experience in your field can help your new business see profits quickly and plan for successful growth.
Get your family involved. Successful entrepreneurs often have their family members involved in the business.
Do your children want to help you build a business? Does your spouse have interesting ideas and want to collaborate with you? Your family can help you make your dream come true.
Consider the impact of the business on your personal life. How will the business affect your family and ability to continue working your regular day job?
A new business venture may be exciting, but it has consequences.
It’s important to consider the full impact of the new business on your personal life. Will you be able to spend time with your children and spouse as you launch the business?
Your personal finances are another area that can be deeply affected by a new business. How do you plan to pay for the business? If your plan involves draining personal finances or getting new loans, then this can affect your entire family. It’s important to discuss the changes with them before you take action.
Consider the impact of your parents on the business. As your parents age, they may become dependent on you. Can you handle the complexities of being an entrepreneur and caring for your parents?
Younger entrepreneurs may have decades before they have to worry about caring for their aging parents. However, as an older entrepreneur, you don’t have this luxury.
You may have to handle multiple roles at the same time. How will you balance your lifestyle and finances to manage everything? Can you afford to start a new business if your parents need your help?
Your parents can have a serious accident or health issue that makes you responsible for taking care of them. The expense of this situation can be detrimental to your efforts with your new business.
You can become a successful entrepreneur and build a strong business at any age. However, it’s important to stay aware of the challenges that come with being an entrepreneur and make plans that will help you overcome these challenges.
Do you need help to make your career change a reality? Why not join our Facebook group where you will meet like-minded people to support you on your journey.
One of the main reasons many people give up on making a career change is a lack of time. We often stay in a job we no longer enjoy because there is a certain amount of time and effort needed to make the career change.
A typical person over 40 may have several responsibilities in addition to the day job, this may range from being a parent, looking after elderly parents and trying to carve out a social live. When we think about all these components that make up our every day lives, we can sometimes feel overwhelmed which in turn can lead to a paralysis.
The following actions will help ensure you have a way of making your career change
Put a career change plan in place
The key to managing a career change after 40 is having a plan in place. The plan should set out all the steps that you intend to take to move you from where you are now to where you want to get to. The plan should be broken down into small manageable steps that you feel confident are achievable
Break you day down
Once you have a plan in place you need to identify what actions are needed to help you achieve the steps you have identified in stage one. The most effective way to achieve this is to break you day into timeslots. If for example you work a full 9-5 during the week day, perhaps you can carve out 30 minutes to a full hour 2 – 3 evenings a week. If you are unable to spend this amount of time 2 – 3 times a week. Break your job search time into smaller more manageable chunks. This might mean allowing just 10 minutes per day, perhaps taken from your lunch break might be the best way to ensure you are continuing to work towards your goal.
The first week of your career plan
Week one of your planning week might include preparing the groundwork doing things such as being really clear on your wants and your needs. What the things that are really important to you in a new career? What do you really need. Is for example work-life balance a deal breaker for you in a future role? This is an important question to ask yourself as this will help you differentiate between your negotiables and non-negotiables.
It will also save you time further down the line when you begin your job search. Some of the other ground work that you can begin to work on will include being very clear on your transferrable skills. Use 30 – 60 minutes to make list of what they are.
By week 3 you will find that you have covered several of the areas you need to cover in order to being making that career change you have been dreaming of.
Having a plan and working on it a few minutes a week will not only give you a real sense of achievement, it will also help you make your dreams of a career you love come true.
Do you need help to make your career change a reality? Why not join our Facebook group where you will meet like-minded people to support you on your journey.
Making a career change after 40 years of age presents its own advantages and disadvantages. There is often good reason for looking at a career change after 40.
Making a career change after 40 can feel like an uphill and discouraging battle at first glance, however, the important thing to remember is that you bring a wonderful variety of experiences to the workplace.
The best way to get started as part of your career change is to start by listing your skills. Make sure that in listing them you describe all aspects of your work history. Use your CV as a guide. This will that when the time comes to apply for future roles, you will be able to identify what you have to offer to prospective employers.
Even if you may not think they have relevant skills for a new career, you cant say for certain that they wont be of use. This is a crucial exercise for anyone one who considers a career change after 40.
From years of driving, keeping accounts, arriving punctually, working as a team member, communicating with client and staff, understanding banking, taxation or social security, a worker develops a skill base that can transfer from one career to another.
Consider Whether or Not You Need To Retrain
Making a career change after 40 may mean taking on more training. The older worker should not be put off by the thought of retraining.
A career change after 40 could be the perfect opportunity to pursue an interest that has been put… Click To Tweet
Even a hobby can become a new career if training, enthusiasm and a niche in the industry allow. The more mature worker may find their dream job waiting just around the retraining corner.
Use Your Age To Your Advantage
Maturity can be a bonus to some employers. Finding someone who has chosen a career change after 40 years of age, provides them with a stable, experienced and dependable worker who has shown themselves capable of success through a lifetime of work. Although more mature, the benefits of experience and training can be valuable to the employer.
The older worker needs to see their years of training and practiced skills as a valuable asset Click To Tweet
to present to likely employers. Even in a new field, so many skills are transferable. With a career change after 40 years, the worker will be able to demonstrate, even if in a volunteer capacity to start with, the advantage of their expertise and experience.
Age should not limit the scope of the career change after 40 Click To Tweet
the more mature worker still has a great deal to offer any employer.
Take action today! it makes a difference – Write down the top 5 strengths have and that you would like to use in any future job.
One of your biggest assets when it comes to job search is your CV. It is a powerful tool if used correctly will open doors for you and get you to your dream career. The problem for many of us is that we are not sure how to use our CV to best effect. We look at some of the main things to take into consideration when it comes to marketing yourself through your CV.
Recognise that your CV is a marketing tool. For many, we see our CV as simply a summary of what we have done and therefore why we would be good at the job in question. However, the recruiter will be looking at your CV and asking, themselves, how your experience is going to make a difference.
Always write your CV as if you were recruiting for the job instead of applying for it. In other words, put yourself in the shoes of the recruiter. What are they looking for? What problem can you solve? Make sure your CV talks what you can do to help enhance the business.
Make your first impression counts
The top third of your CV is prime real estate, don’t waste it. Start your CV with the key things you bring. These ideally should include keywords or a tag line that sets you apart
You should also consider adding your job title, if it’s like the job you’re applying for.
Show what talent you bring
List what you have helped achieve in similar roles in similar roles. Use specific short, but powerful examples. Use numbers and percentages wherever possible as this help bring your examples to life. Have you managed large accounts? Perhaps you’ve managed large teams and brought about a positive change to the way the team work. This type of example will show your leadership skills. Researching the company and the role will help you identify the more specific and relevant examples that you may want to highlight on your CV.
Re-read the advert
This might sound strange or obvious but your biggest gift when it comes to applying for jobs is the job advert. A job advert serves 2 purposes; the first is to attract the people the recruiter is looking for and the second is to weed out people they are not. It gives you clues as to what the recruiter is looking for and what problems they need to solve. Â If there is a person specification attached to the advert, this is pure gold. Don’t just list the person specification in your CV, but think of examples of things you may have done in similar roles that show you know the job entails
While it’s important to state your qualifications on your CV, keep this to just your highest and any job specific qualifications. The recruiter may be keen to see that you have a degree, if that is what is called for but they may not be as interested in the fact that you are a qualified first aider unless this is part of the job requirements.
Dealing with multiple short-term roles
If you have been working in many short-term roles as a temp or contractor, this could make your CV look longer than it should. Rather than list them individually, group them under the heading of short term assignments or consultancy roles, setting out the top achievements you had within those roles.
Keep it short
One of the most common questions people often ask is how long should my CV be?
Your CV should be no more than 2 sides of A4. Not an easy task the more roles you have had over your career. Consider summarising your roles that are more than 15 years ago with just one line including the job title.
Mirror their language
When writing your CV, where possible tailor it to the organisation you are applying to. This includes tailoring your language that that of the organisation or industry. The recruiter will want to think that they are speaking with someone who understands their sector and also who they don’t have to explain everything to. If done well, this is one of the most powerful ways of separating you from your competitors when it comes to job search. This is particularly important if your changing careers as you’ll need to make sure that you can describe previous achievements in and way that translates and is relevant to the new career.
Do you want to meet other career changers over 40? Click here to join our Facebook Group â€“ career changers over 40 to meet other likeminded people seeking and finding dream careers
Recent research shows that the average age at which most of us lose our passion for our job is 42. Yet, for many, the option of retirement is not one to be contemplated due to a whole raft of commitments from caring responsibilities, mortgages to the need to save for retirement.
Despite these reasons, compelling though they might be they are not reason enough to stay in a job that no longer fulfils you.
This is why it’s not working
This approach might work for a while but not for long, the reason being when you are disengaged it might start to show up in your work. Its very hard to continuously fake enthusiasm for something you have no interest in. Sooner or later you will get found out Your employer will start to notice that they are not getting the best out of you and want to know why. This in turn puts you under pressure to improve your performance, which might not be possible and before you know it, you have lost your job.
Â Many of us opt for the security of knowing we have a job. Its better than not having one right? The challenge this presents is that if you are made redundant, you are then under pressure to find another job. Looking for a new job when you are under pressure is the worst time to be out there on the job hunt. You may find that you are forced into taking the first job that comes along which could be even worse that your last one. Before you know it, you are back in this cycle of being in yet another job you hate.
Another reason to find a job your love is the impact of working in a job you hate can have on your personal live. When we are stressed it can affect our health, our happiness, personal relationships and a whole lot more.
So how do you break the circle?
Make time to build your escape plan. We all know its difficult to find time to search for a new job when you are working full time as well as dealing with other responsibilities outside of work. Even spending as little as 10 minutes a day on your career can make a difference. Find time to build on this one step at a time.
Understand your strengths and what you bring to the table
Know what transferrable skills you have
Build a personal brand statement
Go out and network with people who can make a difference to your career
Take action today! it makes a difference – Write down the top 5 strengths have and that you would like to use in any future job.
Its the start of the new year and for many of us our thoughts turn to a career change. However, one of the biggest concerns many people over forty are fearful of facing recruiters who are younger than them and who they may perceive to therefore not fully understand the challenges that people of this age group face when it comes to job search.
There are however organisations out there that specialise in supporting and finding job opportunities for people over 40. Below is a list of recruiters, including job boards that can act as a useful resource.
Forty Plus People is an Oxfordshire based recruitment consultancy serving candidates and clients in the Bicester and wider Oxfordshire, Buckinghamshire, Northampton and Warwickshire area. They specialise in talent search and selection of people in their forties and over. Forties people
Forties people is a London Based Recruitment firm providing search and selection to people over forty. The company name and assists were acquired by Peter Knight Recruitment Ltd, part of Peter Knight Group.
Prime Candidate is a Social Enterprise organisation
Prime Candidate is a Social Enterprise organisation accredited with the ‘Campions’ mark, aiming to eliminate inequality in the employment marker for mature workers. They work primarily with job seekers in their 50s and over.
Skilled People is a social enterprise search and selection organisation with a key focus of targeting candidates in their 50s and over. This is further reinforced by the fact that all their directors are in their 50s.
US Websites and recruitment agencies for the over 40s
Experience Works! — a nationwide staffing service dedicated to providing temporary and permanent employment opportunities to older individuals, dislocated workers, welfare participants, and other adults seeking employment and needed income.
Employment services for workers aged 45+ who need job support services to re-enter the workforce provides job training and employment services to mature workers age 45 and older in Massachusetts, as well as career fair information and the beginnings of a job board for older workers. Some services no cost; some fee-based to job-seekers.
SecondActSince 1982, Operation A.B.L.E. has provided training programs and
A site tailored to the needs and interests of readers above age 40, with a mission to provide the inspiration, information, and hands-on know-how you’ll need to get the most out of life in the years leading up to and following retirement. Special section for finding your second-act career and/or opportunities for making a difference in the world. No cost to job-seekers.
A job site for job-seekers aged 50+ where you can search for full-time, part-time, temporary, and volunteer jobs (by job category, industry, location), as well as post multiple resumes and register for a job-search agent. Free to job-seekers
FortyPlus — Career and job-hunting organization (mostly in California, but spreading to a number of other states) for individuals at least 40 years old, with managerial or professional experience, and who annual earnings exceeding $40,000.
When we want to lose weight, we might work with a personal trainer. Equally, we’ll spend money on getting our hair or nails done or pay a relationship counsellor to help with our personal relationships without thinking twice. Yet when it comes to our careers; the thing that provides us with the income needed to pay for all these things it very often doesn’t cross our mind.
However, if we need help in our careers, we hardly ever think to hire a career coach – but why? Read on to find out why having a career coach on your side can make all the difference in your career.
For many of us, we take the view that if we need a job, we’ll just search job boards and find our next move. This might be true in many cases but what happens if you don’t know what your next move will be?
What Is Career Coaching?
A more formal definition of career coaching from the International Federation of Coaching (ICF) states that a ‘career coach partners with you in a thought-provoking and creative process that inspires you to maximize your personal and professional potential. Coaches honor you as the expert in your life and work and believe you are creative, resourceful and whole’.
Who Needs Career Coaching?
Hiring a career coach may not be cheap, but for professionals who feel stuck or just confused about what the next step should be, a coach can be an invaluable resource.
This is especially true the older we get as we often find it harder to make decisions over career change having spent the better part of our working lives doing something different. A career coach can help make a seamless transition into a more suitable and satisfying career
So, here are five ways hiring a career coach is beneficial for your short- and long-term career success.
Help Identify Your Value as a Professional
Often when seeking a career change or just assessing where you are in your career, many people assume this means starting at the bottom. In doing so we forget that we have certain strengths, skills and knowledge that would be of value to any future employer. Working with a career coach will help you identify your strengths, transferrable skills and what you have to offer as a professional, as well as when it comes time to negotiate a salary that is fitting for your skills set. (Find out what you’re worth on the job market, here.)
Help Determine The Best Career Path, Not Just a Job
Many of my clients are looking at a 3 – 5 year horizon that extends beyond their current day to day role. As the world of work changes, it can be quite daunting not having a handle of whether or not current job or career will be one that you want for the future or if it will even be there in the same format. As a career coach, knowing the person and what their personal style and preferences helps when it comes to plotting a clear career path that builds on your strengths and provides a rewarding and fulfilling career
Help You Build Your Confidence When Making Career Choices
One of the biggest barriers to career change, especially as we get older is a lack of confidence. We might be highly skilled professionals but we may not know how to project this to best effect. A Career Coach will work with you to help you understand how to project your strengths in a way that has the right balance of confidence without appearing cocky or arrogant.
Keep Motivated While Remaining Accountable
Even the best of us can lose out motivation when it comes to career search or career planning. Like most things in life if you want something you have to make the effort. You are more likely to make the effort if you have someone cheering you on and asking you how you’re getting on. Career Coaches will help you unblock something that might be standing in the way of your career progression. Knowing you have someone you can talk to an who understands the world of work can go a long way to keeping you on the right Career path
Help When It Comes To Making Difficult Career Decisions
When it comes to making a career decision, it can be one of the most life changing decisions we can make.
What if we get it wrong? What if we don’t like the choice we make? Perhaps you think its time to ask for a promotion or a pay rise but you’re not sure if this will have a negative impact on your career with your current employer.
These are some of the concerns many of us have when it comes to career choices. Having the ear of a Career Coach to hand who has your best interest at hear and who can act as a sounding board and guide you through some of these difficult decisions will help make your final choices much easier and far less stressful.
You’ve been thinking about changing careers and are now finally at the stage where you have a clear idea of what you want to do. There are however a few questions you have.
How do I know if this career path is the right one for me?
If it is the right career path, how do I make this happen?
Here are a few things you can do to help you find out whether or not you are on your way to finding your dream career.
Research on line
At the risk of sounding like a school teacher – the first thing you need to do is to do your homework. With most if not all companies these days having a website, carrying out research shouldn’t be too difficult. If you know the sector but don’t have a specific company in mind, find out if the sector has a professional body. If they do, you may be able to see a list of members on their site.
The other great thing about membership organisations is that they also highlight the latest trends and things going on within the sector which will come in handy later on.
Look at job ads
Start searching the jobs sections of relevant jobs and employer websites to get an idea of what people in the sector are doing. Look for jobs at the right level. Consider the range of qualifications and experience they ask for. This will help you carry out a gap analysis whereby you can determine what skills and qualifications you already have and what is needed to fulfil the role
Look at how many jobs are advertised; if few this might indicate a sector with few current prospects – or it could just mean that jobs in this sector tends to recruit through more informal methods.
Identify people already in the field
One of the best ways to break into a new sector is by finding out who you already know. The power of networking cannot be under estimated. Look through your list of contacts to see who you know in your chosen sector. It could be a former work colleague, a family member of a friend. Now is not the time to be shy. Approach them to see if they can connect you with the person in their organisation who is responsible for hiring. At the very least, they may be able to introduce you to someone who can talk with you about the sector and the entry requirements
One of the best tools to help you in this quest is LinkedIn. This will show you who you are connected with and also some of their connections
Career change with minimal risk
Identify potential employers
We’ve already talked about researching potential employers. When you visit their website, you might find the names of some of the key people in the organisation. Find out if they have LinkedIn profiles, – most people do. If they do, see who they are connected with so that you can approach them via one of your connections if possible
If you don’t have any shared connections, its worth seeking if you have any common interests such as groups that you follow. This provides you with a common talking point with the person when you approach them to ask if you can connect. Its always best not to ask for a job as part of this initial contact but to simply say you are interested in heir company and find out if they would be happy to have a short phone call with you.
Attend networking events
I remember when I’ve been in full job search mode people saying to me, ‘go out and network’. I didn’t fully understand the important role that networking can play in helping you find your dream career. People tend to relate to and work better with people they know rather than complete strangers. Making those connections will stand you in good stead when the time comes to make that change. Once you’ve identified your career path and built your list of connections, start nurturing the list. For some it may mean following, commenting and liking their posts on networking sites. For others, it may mean a more direct route in the form of going out for a coffee or having a telephone call with them.
You will often hear people say, there is no substitute for experience. This is very true. When it comes down to it, employers or even potential clients want to work with people who have some relevant experience in the field. If you don’t have any, look for ways you can gain either direct or indirect experience .
Volunteering is generally one of the most obvious ways to build your experience. But its not the only way. If you want to switch to a marketing career, you could help with charity fundraising. A would-be management consultant can do some consulting for small organisations for free. Depending on what type of work you’re seeking, perhaps friends and family can help. For example if you are thinking of becoming a holistic therapist you may perhaps be able to get members of your family or friends to let you practice on them.
I’ve spoken to dozens of people over the age of 40 who are unhappy in their current career. When I ask them why they stay doing what they do, most of them say I’m too old to do anything else’. While it is true that age discrimination is alive and well and lives among us despite legislation to present we should recognise that it does not have quite the grip on job or career search many of us might think
One of my favourite sayings is from Eleanor Roosevelt you says ‘ no one can make you feel inferior without your consent’ The same is true of the world of work ‘you are never too old to start a new career’. But don’t take my word for it there are many examples around us in the form of Steve Jobs, designer Vera Wang, Henry Ford, to name but a few.
So, whilst recognising age discrimination exists in some part of the world of work, should you let it stop you from making a career change?. Here are some of the things you can do to help overcome age discrimination when making a career change.
1) Ignore it
You’ve made up your mind about what career choices are out there and what you want to do next. The only thing holding you back is the fear of being rejected because of your age. Look past the age barrier and think to yourself. Is this something I am passionate about? Do I meet the entry level requirements for this role? If you do, push ahead. An opening or opportunity to make a break will present itself. Your focus should be on making sure you have the right skills knowledge and experience to offer.
Recent research indicates that a 55-year-old and even a 65-year-old have more innovation potential than a 25-year-old.
2) Be current
For some of us part of the challenge lies in the fact that its been a while since we last applied for a job. Perhaps the last job you applied for was when people still sent in application forms the to company?
Things have moved on since then. Getting to grips with some of the most common ways for applying for jobs today including job apps, online applications, and social media profiles can be a bit daunting. This is all before we get to the interview!
Don’t let this put you off. Do some research. Find out what the best tools are to use for your job search. Even better, find out what the companies you’re applying to are using to attract candidates. Is it LinkedIn? Facebook, company pages or job boards?
3) Find Like minded employers
We’ve acknowledged that we live in a world where age bias exists but there are plenty of employers out there who will embrace and value the knowledge and experience that you have to offer. Many public sector employers and large private sectors employers are good organisations to target for jobs. Use websites such as Sunday Times Best Companies to help to find organisations who are known for good employment practices.
You don’t want to work with anyone who doesn’t want to work with you. Accept that it can happen and move on, putting yourself in a position to succeed with the tips above.
This might feel like an obvious thing to say given that you have been working in your chosen sector for a while but things change.
You need to make sure you keep up to date with what is happening in your sector to remain relevant Click To Tweet
. If you work in a sector that has a professional body, become a member, if you haven’t before. Its well worth the price of membership as its their job to bring to you any latest updates in the sector which means you’ll be able to spend less time doing so on your own.
Find out about new innovations
Finding out about what is happening in the wider world of work is very important in this day and age. Technological advances means the way we buy, absorb knowledge or seek information is very different to what we did 10 to 15 years ago. Are you in a business to consumer sector? If so, how does your company make use of social media to reach out to its customers? Is this a part of your role? If so, are there any new innovations that you can tap into to show that you are keeping up to date?
We often hear the expression, ‘evolve or die’ This is very true in today’s world where ways of working are much more geared towards automation and the use of technology. Are you working in a sector or job role that is on the decline? As organisations continue to evolve, you find that their requirements of you may change. Research tells us that Skills such as project management, analytical and technical are far more sought after than they were a few years ago. If you don’t have the skills, there are many ways to develop these skills without giving up your day job. Online training websites such as LinkedIn Learning,Udemy and SkillShare, to name but a few offer accessible training on a wide range of subjects, all of which can be mastered from the comfort of your own home.
Make sure you are reasonably tech savvy
Many organisations are taking advantage of the technological age to automate an increasing number of functions. This means not only fewer people are needed in the workplace but the ability to use technology to perform in your role is essential. You may have heard the term, agile working. This is a growing trend in most workplaces where the employers in a bid to save on accommodation costs are looking for employees to work from locations away from the main office. This might mean working from a local hub, or homeworking. As part of this trend, you will need to be able to communicate with the workplace though tools such as Skype, Google Hangouts, One drive or Google drive
It does take more effort in todays world of work but it is essential that you continue to look over the horizon to make sure you don’t become part of a dying breed. Mind-sets such as ‘we’ve always done it this way’ are starting to be replaced with ‘how can we do this differently’ . You want to be at the forefront of this way of thinking to ensure you sought after and relevant in an ever changing world of work.
You don’t have to go it alone. Why not join my FREE Facebook group career changers over 40 to be part of a group of likeminded people. Click here to join https://www.facebook.com/groups/687170778125572/