Freedom Friday: Transform Your Hobbies Into New Opportunities

Sunflower in the Sunshine

In the Next Avenue article, Transform Your Hobbies Into New Opportunities, author Debbie Swanson suggests that “adding to your skills can help you make money and friends.”:

“If being in a classroom brings back memories of snoozing in a lecture hall, think again. The world of learning has exploded, with online and in-person classes available for many recreational pursuits. Several hobbies have measured levels of skill and proficiency: the martial arts belt system, certifications in scuba diving, achieving a master level in a pursuit such as gardening, beekeeping or — if you live in Wisconsin — cheesemaking. Adding formal training to your hobbies is not only fun, but may create avenues for side income, enhance your volunteer potential or expand your social circle.”

Here’s how one retiree in South Carolina honed his hobby skills into a new business:

“After retiring at 67 from his career managing textile and equipment manufacturing companies, Buddy May, of Greenville, S.C., delved into his interest in beekeeping. He became a Master Beekeeper with the South Carolina Beekeepers Association, as well as the only EAS (Eastern Apicultural Society) Certified Master Beekeeper in his home state. In 2017, May reached the Master Craftsman level, the highest level of the South Carolina program.

May’s farm produces honey, pollen and blueberries, and he’s active with a weekly farmers’ market. But May is especially stung by the chance to meet people and share his knowledge.

‘I lecture locally, and in other states,’ says May, who has also taught classes at Furman University’s OLLI (Osher Lifelong Learning Institute) program. ‘It keeps my mind active, and learning more about the gracious insect.’

He’s also been published; May’s buzzy research appeared in the American Bee Journal in 2017 and he has an article coming out in Bee Culture magazine.”

Read more at Transform Your Hobbies Into New Opportunities.

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DAYNA WILSON: As a real estate agent I have been working with homebuyers and sellers throughout the East Bay communities of Layfayette, Moraga, Orinda and Walnut Creek since 2009. As a Certified Senior Housing Professional (CSHP) , I have special knowledge about everything from reverse mortgages to the importance of universal design. I can tap into my network and put you in touch with my team of qualified home inspectors, movers, attorneys, CPAs, organizers and other experts. I have all the resources and knowledge to simplify the transaction and eliminate the anxiety of selling your home.

Call me today to talk about your real estate concerns. I’m here to listen: 925.788.6582

Freedom Friday: New Baby Boomer ‘Retirement’ Plan…Start a Business

Smiling Baby Boomer Couple

In her article, The Hot New ‘Retirement’ Plan for Baby Boomers: Starting a Business, author Leigh Buchanan explains how older entrepreneurs are happy to keep thing small and trade material benefits for a more comfortable schedule:

“Characterizing a Boomer business as a retirement hobby is as misleading as saying all 20-somethings launch app companies. Still, startups by people over age 50 tend to skew small. Gallup reports that 80 percent are lifestyle businesses meant to supplement retirement income and keep the mind engaged.

Jeff Williams, founder of BizStarters, a service that coaches older entrepreneurs, says roughly 60 percent of the clients he’s worked with in the course of 20 years ‘are much more interested in schedule flexibility than making a ton of money. They want the feeling that, after they have been in business for six months, they can take three weeks off to go visit their grandkids.’ Very few older founders are trying to replace corporate salaries, says Williams. Instead, average earnings expectations are between $50,000 and $75,000 a year.

The majority also prefer to be soloists, drawing on contract help when necessary. “I get these guys who come to me–they are 57 years old–and they say, ‘Been there, done that, already managed people,'” says Williams. ”I would like to grow a company without employees.””

Read the rest at Inc..

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DAYNA WILSON: As a real estate agent I have been working with homebuyers and sellers throughout the East Bay communities of Layfayette, Moraga, Orinda and Walnut Creek since 2009. As a Certified Senior Housing Professional (CSHP) , I have special knowledge about everything from reverse mortgages to the importance of universal design. I can tap into my network and put you in touch with my team of qualified home inspectors, movers, attorneys, CPAs, organizers and other experts. I have all the resources and knowledge to simplify the transaction and eliminate the anxiety of selling your home.

Call me today to talk about your real estate concerns. I’m here to listen: 925.788.6582

Freedom Friday: The Hot New ‘Retirement’ Plan for Baby Boomers – Starting a Business

Baby Boomer Entrepreneur

In her article, The Hot New ‘Retirement’ Plan for Baby Boomers: Starting a Business, author Leigh Buchanan explains how older entrepreneurs are happy to keep thing small and trade material benefits for a more comfortable schedule:

“Characterizing a Boomer business as a retirement hobby is as misleading as saying all 20-somethings launch app companies. Still, startups by people over age 50 tend to skew small. Gallup reports that 80 percent are lifestyle businesses meant to supplement retirement income and keep the mind engaged.

Jeff Williams, founder of BizStarters, a service that coaches older entrepreneurs, says roughly 60 percent of the clients he’s worked with in the course of 20 years ‘are much more interested in schedule flexibility than making a ton of money. They want the feeling that, after they have been in business for six months, they can take three weeks off to go visit their grandkids.’ Very few older founders are trying to replace corporate salaries, says Williams. Instead, average earnings expectations are between $50,000 and $75,000 a year.

The majority also prefer to be soloists, drawing on contract help when necessary. “I get these guys who come to me–they are 57 years old–and they say, ‘Been there, done that, already managed people,'” says Williams. ”I would like to grow a company without employees.””

Read the rest at Inc..

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DAYNA WILSON: As a Certified Senior Housing Professional (CSHP) , I have special knowledge about everything from reverse mortgages to the importance of universal design. I can tap into my network and put you in touch with my team of qualified home inspectors, movers, attorneys, CPAs, organizers and other experts. I have all the resources and knowledge to simplify the transaction and eliminate the anxiety of selling your home.

Call me today to talk about your real estate concerns. I’m here to listen: 925.788.6582