Burned Out “Baby Boomers” and “Generation X” Professionals Can Start Over
The Wisdom Man
After several years of toiling as a manager or business executive, lots of “ Baby Boomer” and “Gen X” professionals are feeling the results of years of tension, stress, and feeling disinterested in their existing line of work. Taking into consideration the age of most of them starting a new profession with a new firm may not be optimal in many cases, but two practical choices confront them.
They could stay put in their current job and hope the circumstances change enabling them to feel more at peace in their current position. Or they can think about a starting a small business or home-based business, which could supply them with the means to preserve their lifestyle.
Additionally, it may offer a new approach to work they see as a lot more significant.
Many professions can be converted to a small business opportunity that can be operated from home and where they can utilize their business experience, in particular, former executives. It could be an exceptional way of changing career paths without going broke or insane. There is a constant demand for mentoring among small companies as well as many professionals are discovering a future in assisting recently established startups with their years of operational experience. The majority of these assignments can be an independent contractor or freelance basis, supplying more personal and family time while still providing a good income.
No matter the level of experience a brand-new business owner may possess, the need for management training is always growing. As times evolve, perspectives typically change with them, as well as, supervisors, and other company leaders will be required to remain on top of the management trends to progress in their careers and rise up the corporate food chain. Opening up a home-based business providing management training could benefit the former middle manager or executive who discovers it is much more stress-free and healthier lifestyle. Also, it has the added benefit of helping others become better managers than someone without this coaching or training.
Keep in mind; there is a distinction between a home-based business and a home business. A company from home might still call for visits to clients or their place of work, yet all preparation and documentation is done in a home office. For a work-at-home occupation, all elements of the job will be performed in your home workplace. Numerous telecommuting options exist for recently unemployed executives that could consist of creating training and strategies for management, assisting others in developing standards, as well as creating job descriptions for a position where the exec has the necessary understanding and knowledge.
An additional choice for the worn out executive is the chance to move far from the office-based experience that wore them out in the first place. They could look for opportunities as far away from the industry as they could get. There are some cases of Baby Boomer or Generation X execs leaving their workplace, opening a business that they work with their hands (landscaping, woodworking, etc.). They are creating a home-based business and making it fit their desired lifestyle.
Often the choice of going from a career in management or a senior executive slot is not the option of the executive. Downsizing and also corporate cutbacks have made this outcome real, and some professionals have discovered themselves unexpectedly in job search mode. Looking for a job is something they may not have done in years if ever. Their experience and business understanding might be outstanding, but many firms might consider them “unhireable” due to their traditional work history, specifically salary background and a perception of not being up on current trends and technologies. Some companies believe that a Baby Boomer or Gen X’er coming back to the work market could be willing to start at lesser pay than they were previously earning yet will undoubtedly leave without notice if higher paying work is available. The truth is there are a tremendous number of older workers who are well versed in new technologies and not just with the trends and ahead of the curve! Companies that think otherwise may be cheating themselves out of top talent.
No longer in a corporate job, it may be a great time to think about a home-based business where they can use their experience and understanding to the advantage of others as well as find an occupation where they can have much more control over their future.
About The Author
Theodore Henderson works with business owners, entrepreneurs, and corporate professionals. He is an Amazon best-selling author, a Certified Career Coach, a Certified Leadership Coach, and a Certified Social Media Security Professional Powered by CompTIA. In addition he is the author of the business program “Launching Your Great Business Idea,” as well as the author of the following books; “The Wisdom Compass for Christians: Your 31-Day Journey to Wisdom-Filled Living”, “9 Simple Strategies to Becoming a Strong Leader” and the Security eBook “30 Smart Ways to Protect Yourself from Cyber Criminals” aimed at owners of Smartphones, Mobile Devices, and also those who have significant online activities including Social Media, financial services, etc. He is available for keynotes, seminars, and workshops. He may be reached through www.TheodoreHenderson.com.