Today more baby boomers are even working from home than ever before, and they got the side hustles to prove it.
Enjoying the security of a job with established 401(k) plans, health insurance for many years is a thing of the past.
For some people, the idea of working at one job for their entire career is not a reality anymore.
I myself was laid off after 19 years at what I thought was the only job I would ever have.
Baby Boomers in Business
Don’t quit your day job just yet.
If you are a baby boomer looking to start a home business, there are some essentials things you must do first.
Baby Boomers Are Even Working From Home
Baby boomers who want to pursue their dreams of creating passive income online, the easiest way to do this to learn affiliate marketing.
Analyze Your Exit Strategy
As of today April 9, 2025, Baby Boomers range in age from 61 to 79 years old.
No matter where you fall into this group, analyzing and preparing your exit strategy from your job…
Will be crucial to your long-term success as a home business entrepreneur.
Do you have adequate savings?
If you’re married, are you eligible with your spouse’s health insurance?
Creating a Plan:
- Are you still currently employed?
- How much is your salary now?
- What are your fixed, variable and frivolous expenses?
- Creating a solid plan so that you know exactly what the financial picture will be until you start generating revenue.
Baby Boomers Are Even Working From Home
There are several business models to choose from;
- Internet marketing.
- Digital marketing.
- And affiliate marketing to name a few.
Your decision should be based on your personality and what you are best-suited for.
I would recommend affiliate marketing, everyone has an affiliate program you can join.
When choosing a niche, it’s all about knowing your audience.
Next is to promote on your favorite social media platform.
This blog post just scratches the surface of what it really takes to start making money online.
Proper Previous Planning Prevents Piss Poor Performance
If you’ve ever read The Rogue Warrior by Richard Marcinko then you are most likely familiar with that statement, and just how true it is.
You wouldn’t travel across this great country we live in without GPS or a road map, your home business is the same.
Your business plan will help you to create a focused guide that will help you to reach your goals.
Get a Physical Today
What does getting a physical have to do with your business?
You are probably already seeing your Primary Care Physician once a year because of your age.
But once you leave your job, your health insurance will go COBRA and as unfair as it, trying to get new health insurance when your 60 plus can be difficult.
Baby Boomers Are Even Working From Home
While pursuing the dreams of a home business is something you are very passionate about.
If you are not in good health to enjoy the rewards of your efforts, then not much else is important.
The baby boomer generation is like no other before it or after it.
Technically considered middle-aged, but we are anything but middle-aged in mind, body and spirit.
We know there is more meaning to life than a commute to an unrewarding 9-5 job.
So these are some important steps we must take first.