Experts Weigh In: I’m an Entrepreneur in My 40s

I’m an Entrepreneur in My 40sFrom teen entrepreneurs to twentysomethings and entrepreneurs in their 30s, our MyCorp blog has arrived at the fabulous 40 something entrepreneur! Meet our panel of 40 experts from all walks of life in small business as they tell us what diamonds in your pocket syndrome is and how entrepreneurship means moving forward, not sideways.

1) “I have quit the hectic and stressful life of investment banking in London three years ago in order to move down south and start again in a healthier life more in line with my ethics and personal needs. I am currently starting a business in desktop publishing which I have done on contracts in London since 1998, and which I have always enjoyed. Only now, I want to do it in my own terms and I am enjoying the feeling of independence and satisfaction that comes with doing what I love. It is very exciting but also scary. For the purpose of earning money while I get the business up and running, I am working part-time at B&Q as a customer advisor.”

- Isabelle Sene, 45, Desktop Publisher/Designer, Artabelle Designs

2) “As an author, speaker, professional coach, and consultant, I feel like I am at the peak of my performance not only as an individual but also an entrepreneur. I have crossed all genres on the corporate circuit and even reached senior VP status. However, it was not until my 40′s that I truly found my passion and purpose in life at The Believe Coach. Now, at 46 years old, I believe my life experiences and the opportunity I have been given to impact the lives of literally millions is so incredible. I am not living The Believe Lifestyle and it feels great.”

- Nicholas Dillon, MS, MAED, 46, Motivational Speaker | Author | Educator, THE BELIEVE Coach

3) “While there are lots of great things about being an entrepreneur (freedom, flexibility, calling the shots), for me the best part is the additional control I have over my retirement plan (and that’s getting even more important as I approach middle age). Working for someone else always meant that I was limited in how much I could save and what investment choices I had. But with my own business, the investment choices are much broader—from pension plans to 401(k) plans. My investment choices aren’t limited to ten mutual funds selected by the Vice President of Human Resources. And, I have control over not just how much of my own salary I save, but I can increase the company match well beyond 3-5% you see at the typical big company. It’s not the only benefit of running your own business, but it’s a big one.”

- Rob Marsh, 46, Owner, Logomaker.com

4) “I started Fisher Designs last year. Fisher Designs consults on Medical Device Engineering, Software Engineering, and Software Quality Assurance. I was starting to realize that I was working on engineering projects and others were profiting greatly from all my hard work. I incorporated myself and now seek to capture some of those profits for myself and my family. I really wish I had done this sooner. There is such a steep learning curve to owning a business. I joke with my wife about being able to design medical devices that save lives, but I struggle with accounting and tax laws.

Things do get easier as time goes on, but it is a never ending battle to learn. Age brings wisdom and experience which I hope will help me on this journey.

- Christopher Fisher, 41, CEO, Fisher Designs Inc.

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Experts Weigh In: What I Love About Being an Entrepreneur

Experts Weigh In: What I Love About Being an EntrepreneurWhat do you love about being an entrepreneur? Here at MyCorp, we find that asking this kind of question to small business owners is a little like the children’s book When You Give a Mouse a Cookie. They may not immediately ask for a glass of milk afterward, but they’ll definitely have plenty to share about what drives and motivates them when it comes to their businesses!

Today is part one of our two-part series polling our network of small business owners on what they love about their business. We’ve got 75 entrepreneurs in the house, discussing all the different hats they wear, the creative energy that comes with the role, and how every day is a new adventure.

1. “It may sound selfish, but I love the fact that I get to choose all the folks that I employ. I spent so many years in the corporate world having to work with a lot of personalities that did not share my work ethic or passion for whatever task was at hand. It’s such a great feeling to be able to work with individuals who are all dedicated to their craft, committed to excellence in all that they do and who genuinely care about the well-being of the team above all else. I keep telling myself that as the business grows, it may not always stay this way – but at this moment I am definitely loving it!”

- Kristy McCarley, CEO/Founder, Shazzy Fitness LLC

2. “The best part about being self employed for me is having the flexibility to be more active with my family. Though we’re always hustling as an entrepreneur looking for business growth, having that opportunity to get my kids on or off the bus and see their smiles is what true wealth is to me.”

- Mike Kawula, Self Employed King

3. “I love being an entrepreneur because of the freedom I have to call the shots, work when I want and control every aspect which gives me the knowledge to make the right decisions for my company.”

- Tanya L. See, Owner, Team See Marketing

4. “I love the fact that while my friends are complaining about their jobs every waking minute of the day, I can smile and react with a wry grin, knowing I’m in control of my own destiny. I know that every second of work I put in goes towards benefiting me ­ not a fat cat boss or faceless corporation. I love being an entrepreneur because essentially I enjoy every day­ I’m also in complete control!”

- Nick Whitmore, Managing Director, ContentWriting.org

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