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@joyceschwarz
STARTUP50plus.com video intro -- interview with co-founder Joyce Schwarz on CBS radio about why the new STARTUP50plus accelerator is a lot like a Ycombinator for seasoned execs. See more at www.startup50plus.com and like us at www.facebook.com/startup50plus and follow us at www.twitter.com/startup50plus
Totally amazing -- the Cornell/NYC campus where Google and other brands tie in with Israel's Technion and of course Cornell to change the face of innovation in applied sciences -- now in creation. PS I actually saw some jobs for the campus listed online.
Even if it doesn't totally work-- it shows the controversial potential of private equity, brands and economic development stakeholders in research, development and higher education -- an amazing triad! What a great example of multigenerational work/learn space for startup50plus.com
STARTUP50PLUS NEWS ROUNDUP: LATEST RETIREMENT STATISTICS PROVE YOU CAN'T AFFORD TO RETIRE UNLESS YOU HAVE MILLIONS!
WOW THE latest retirement statistics spell out what many early boomers and those who are even older are already experiencing. Here's some of the amazing numbers that Startup50plus.com found online today:
FEWER GOLD WATCHES: In 1983, once you got to age 50, about 68 percent of all full-time workers stayed in the same job until retirement. But in recent years, only half of workers have retired from the same company that employed them when they were 50. Source: Steven Sass, associate director of the Center for Retirement Research at Boston College,
ONLY MULTIMILLIONAIRES CAN AFFORD TO "RETIRE" "Retirement is dead unless you have a couple of million dollars in your retirement savings account, Chicago Financial Advisor,Barbara Susin, a financial adviser
PROSPECTIVE RETIREES INCOME GOING DOWN Sentier Research, an Annapolis, Md.-based firm, showed that Americans approaching retirement experienced a sizable decline in household income between June 2009 and last month. For U.S. households with workers age 55-64, the median annual income decreased by 9.7 percent, from $61,716 to $55,748. That was the largest decline for any age group studied. Incomes for workers age 65-74, however, showed an increase of 6.5 percent, from $39,548 to $42,113.
WHAT DO YOU THINK ? ARE BOOMERS REALLY BREAKING THE UNSPOKEN DEAL TO LEAVE THE WORKPLACE as early as possible preferably 55? My own dad did that and then found out later that he had another 30 years or so of life in him. What a surprise Mother Nature played on some of that Silent Generation most have outlived their gold watches they got during the retirment parties -- or alas, many have sold them at CASH FOR GOLD along with those lovely gold cufflinks they won in a past company golf tournament.
Here's the link to an article online that delves into this topic more seriously than my note: http://bit.ly/NXeKIH
In that piece on juliagroup.com the writer John Mauldin says: Note that the number of employed 55 and over has risen more or less steadily since before the beginning of the Great Recession, growing by over 4 million, while the number of jobs for all workers has dropped by 8 million and is still down by over 4 million.
Since the end of the recession, the number of jobs has grown by less than 3 million, all of which have been gained by those in the 55 year and older category! And then some: Boomers have taken “market share” from those who are younger.
Mauldin refers to the deal in this graph: The“deal” with previous older generations was that they would retire and move on, making way for the next generation. Boomers are breaking that deal. Not only are we working longer, but we intend to keep on working as long as we jolly well feel like it, and then live on to a ripe old age and collect all those retirement benefits.
BABY BOOMERS & REIT (Real Estate Investment Trust BOOM DUO
On the Motley Fool today, Amanda Alix reports that: .... companies that specialize in elder care, a sector that includes real estate investment trusts like Health Care REIT (NYS: HCN) . see full story here: companies that specialize in elder care, a sector that includes real estate investment trusts like Health Care REIT (NYS: HCN) .
Alix summarizes the article at the end with what they call the "Fool's Take" which is excerpted here: There's no doubt that the increasing number of elderly people will need the services these companies provide. Though Health Care REIT paid a premium for Sunrise Senior Living, it will be gaining communities that cater to wealthier clients in markets like New York and Los Angeles.
AND of course she tops it off with her phrase that is so true: WHO KNEW THAT AGING would be the new growth industry!
Social purpose is a key part of success in this day and age. Something for something is key to their longevity and it's fascinating to look the Encore.org fellowships as a role model for startup50plus.com Are you interested in a fellowship --are you a seasoned exec? Each startup company in our accelerator will be REQUIRED to have a social purpose channel in their ecosystem! for more info: joyceschwarz(at)gmail.com
This is an amazing program -- kudos to Intel and Encore.org for creating it together! So fabulous --visioning that Startup50plus.com will be able to offer fellowships for startup experience for millenials and seasoned execs!
Visioning investment coming into STARTUP50plus.com so that we can fund the world's first Business Accelerator where one founder is age 50 plus or over. It's been described as the Ycombinator for seasoned execs!
Here's the pic from that Beliefnet story about 7 things to say that could make you look brilliant or not :(
Concerned about a crows foot that appeared ? This campaign from Scotland on the power of the older worker is amazing! Especially great inspiration for our www.startup50.plus.com followers!
WHICH MOVIE STAR went back to driving a cab after he'd had starring roles-- of course the offers had stopped coming in for awhile? Any idea -- tweet @startup50plus to find out !
GET A LIFE NOT JUST A JOB -- that's what Fiftyplusradio.com encourages you to do -- so much fun listening to podcasts. interviews and views and news for those over 50 or those who care about them. Follow us @startup50plus www.fiftyplusradio.com
Just some of the articles on www.startuip50plus.com the world's first business accelerator where one founder must be 50 or over and we can all cash in on $11 Trillion of retirment funding according to Joyce Schwarz, founder of Startup50plus. Follow her @startup50plus on twitter of course!
Joyce Schwarz, bestselling author and founder www.startup50plus.com created a mock-up of Cosmopolitan magazine to give tribute to the creator of COSMOPOLITAN, Helen Gurly Brown. YOU GO GIRL...is what Joyce has to say to the women who opened many doors for others in the publishing world and also of course in the bedroom. Brown still kept an office At Cosmo and supervised the international editions until her death ! AMAZING!
FREEDOM - is the #1 power word and defining image in making a vision board around the globe reports bestselling author of THE VISION BOARD book Joyce Schwarz, follow her @visionboard on twitter.com Especially important at any age but crucial for anyone who is 50 plus For more tips see www.startup50plus.com
Go Beyond the Tesseract: In This Economy 8 tips for Recareering or Starting your Biz at any age expecially 50 plus!
One of my valued colleagues said yesterday to think beyond the Tesseract so I looked it up and found out that wikipedia calls it --our-dimensional analog of the cube; the tesseract is to the cube as the cube is to the square. Just as the surface of the cube consists of 6 square faces, the hypersurface of the tesseract consists of 8 cubical cells. The tesseract is one of the six convex regular 4-polytopes.A generalization of the cube to dimensions greater than three is called a "hypercube", "n-cube" or "measure polytope". The tesseract is the four-dimensional hypercube, or 4-cube.
SEEMS TOTALLY APPROPRIATE FOR THIS ECONOMY TO GO BEYOND THE TESSERACT in the way we start our businesses and change careers. So here are 8 of my fave tips on recareering especially for those age 50 plus but great for anyone!
Here are my tips some from my bestsellng book RECAREERING: When just another Job is NOT ENOUGH by Career Press which has become a classic at colleges and career centers across the country. #1 Remember you're not starting over - -you're starting better --it's the attitude not the aptitude that's the real difference #2 Don't just ask for advice--ask for an opportunity and even a job! cool that an inquiry got thousands of responses but 3 job offers or opportunities to shadow these people in their fields would have outweighed all that good advice #3 LIVE YOUR VISION -- create a vision board for your life and begin to live the vision -- get in as close proximity as you can to living your dreams come true -- want to sail around the globe-- head over to the Marina or at least to the Boat show in your city #4 Create multiple income streams - -the word career just may be outdated -- but an income stream in consulting can add to an income stream in direct sales for a major brand and that may give you the freedom to accept that flat fee for chaperoning college kids on their schooner adventure to the Pacific! # 5 Seriously consider starting your own business -- 50 percent of all small businesses in the USA are owned by women -- almost 9 million companies according to Amex OPEN recent survey #6 See yourself as the CEO - of your life and your company -- many women businesses don't make more than $50K -- so see your firm as a million dollar biz not just a salary! #7 Organize a personal board of advisors -- advice from others out of work won't cut it in this economy #8 Gain some experience working at a venture funded startup -- even if it means putting in sweat equity while you look for a job For more tips
follow us @recareering on Twitter follow us @startup50plus and @joycecom