Self-employed as a seniorpreneur
Self-employment in old age: tips and opportunities for seniorpreneurs.
Becoming successfully self-employed
Do you want to start your own business as a Seniorpreneur? We give you tips on how to optimally manage your Seniorpreneur's everyday life and support you before, during and after the company's founding. Become a Seniorpreneur professionally independent. Simply. Online.
What does it mean to be a seniorpreneur?
The term Seniorpreneur is a neologism and is composed of the two words 'senior' and 'entrepreneur'.
So, being a Seniorpreneur means becoming self-employed at the age of over 50 and thus having already gained a lot of experience in professional life. We will tell you everything you need to know before, during and after you start your own business.
The pros and cons of self-employment at 50
There are many advantages to becoming self-employed after the age of 50, but there are also disadvantages that you need to be aware of. We will be happy to support you in overcoming these challenges.
Benefits of Seniorpreneurs
- Flexibility
- Technologies enable home office
- Experience
- Organization and time management
Disadvantages of seniorpreneurs
- Work-life balance
- Financial risk
- Innovative ability
Why you should start your own business at 50
As a self-employed person, you are your own boss and can determine your own working hours. Becoming a seniorpreneur gives you a great deal of flexibility.
Thanks to technologies such as smartphones, tablets, laptops and the programs you can install on them, you can not only use your time efficiently, but also manage it and organize yourself.
With good organization and time management, you can pursue your professional goals and dreams. You can, in a sense, realize yourself anew.
As a seniorpreneur, you were able to gain a lot of experience in your professional and private life even before you founded the company. This life experience will now give you
You need this insurance cover as a senior entrepreneur.
As a seniorpreneur, you must make absolutely sure that you have the best possible insurance cover. Self-employment involves risks. We will show you what you absolutely must bear in mind.
Challenges of being a senior entrepreneur
Work-Life-Balance
If you run your own business, you will have to invest a lot of time, especially in the beginning. There is a risk that you will occasionally stay in the office longer than planned. For many seniorpreneurs, managing their work-life balance is a challenge. This can be achieved through good planning, time management and structure, for example.
Innovative ability
The ability to think innovatively is usually attributed to young people. Many groundbreaking innovations have been invented by young entrepreneurs. However, this does not mean that you as a seniorpreneur do not also have a good ability to innovate. To support you in this, it helps to constantly exchange ideas with people from all age groups.
Financial risk
In addition, there is a financial risk associated with any self-employment. Not every newly founded company is successful. For example, if you decide to set up a sole proprietorship, you are liable with your private assets without limitation.
Am I too old to start my own business at over 50?
It's never too late to start a business. There is no such thing as the right age to start. The proportion of self-employed people aged 55 to 64 is 27.4 percent. So you are not alone as a seniorpreneur in your 50s.
Your life experience gives you a wealth of knowledge that younger founders don't have, giving you an advantage. So don't let the thought of age differences unsettle you.
Instead, use your know-how about the industry, your experience in a management position or marketing. To still remain innovative and not miss out on the latest trends and developments, we recommend that you stay in constant contact with people from other age groups.
At the same time, thanks to your experience, you already have a large private and professional network before you start your own business. So you can get a wide range of opinions from all kinds of sources at an early stage.
It is important that you are not afraid of new technologies either. Even if you did not grow up with smartphones, tablets or the like, they are more important than ever for your business. They offer you new opportunities for sales on the one hand and for communicating with your customers on the other.
Set up your company now
We provide you with comprehensive support: before, during and after the company formation.
Setting up a sole proprietorship
This legal form is suitable for companies with low capital requirements, a simple structure, sole decision-making authority and where the owner wants to bear the full risk and responsibility.
Set up a limited liability company
This legal form is recommended for companies with medium capital requirements that want to limit their liability. It is also suitable for companies with several shareholders, a flexible structure and the separation of private and business assets.
Set up a public limited company
This legal form is recommended for companies with high capital requirements, a broad investor base, flexibility in raising capital and limited liability to the company's assets.