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We probably don’t need to say that… or maybe we do! In this episode of Living The Retirement Lifestyle Podcast we talk to business coach Andrew Priestley editor and contributor of Retire Inspire 1 and get his perspective of entrepreneurship in and for retirement.
Andrew Priestley is a bestselling author of The Money Chimp, Starting and Awareness; an award winning business leadership coach and a Top 100 UK entrepreneur mentor so you’re going to find he has a lot to say about starting and running a business… no shiny objects here!
We were honoured to have been asked to contribute a chapter to Retire Inspire along with 20 other experts from a wide variety of disciplines all of whom share their best advice on how professionals can achieve a totally fulfilling retirement
Let’s hear what Andrew Priestley has to say when we ask him for his wisdom on retiring baby boomers starting a business
Key Points From Our Interview With Andrew Priestley
Andrew points out that our passion alone is highly unlikely to give us the lifestyle or fortunes we crave no matter how well meaning we aim to be. We need to have thought things through with a business head on if we want it to be successful
We couldn’t have said it any better!
Why Do You Want To Do It (sic become an entrepreneur/start a business)?
What’s Your Idea?
Who’s It For?
What’s The Business Model?
What Are Your Values?
The truth is that Boomers are healthier and living longer. They expect to travel. They expect to do things that are exciting. They expect to do things that matter and make a difference. They want entertainment and lifestyle choices.
Whole industries are emerging around property downsizing, health and wellness, aged care, medicine, travel, security, finance and law. What skills or experience do you have that people want or need and will create you an income.
What’s the motivator for wanting to start a business? Is it because you’re running out of money or is it because you can’t imagine doing nothing much with your time when the 9-5 comes to an end?
So many questions to ask yourself…
And for those who could take their skills and start a coaching business Andrew gives you some amazing training – we got so many golden nuggets from that and we hope you did too
Andrew mentioned some of his books during our interview. You can check them out here
Retire Inspire : Click Here
You can read our chapter “Retiring The New Way inside Retire Inspire where we talk about new ways of funding your retirement and why an Online Business
Starting : Click Here
Is It About Me Or You : Click Here
Money Chimp : Click Here
Awareness : Click Here
Last but by no means least, remember the tooth fairy is not going rescue your retirement!
Thanks for joining us for A Shiny Object Is Not A Business – Living The Retirement Lifestyle Podcast Interview with Andrew Priestley
Until next time…