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News and Current Affairs
SHOP TALK
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Tuesdays 16:00-16:30
Intelligent and entertaining conversation about business, money, technology and workplace issues.

Presented by Heather Payton, each programme picks up on trends and returns to stories that have moved out of the headlines.
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Listen to Shop Talk for 28 December 2004
PRESENTER
HEATHER PAYTON
Heather Payton
 
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Tuesday 28 December 2004

Mature Entrepreneurs

If fifty is the new thirty, does that mean fifty year olds should be rushing out like young things and starting new businesses? Or should 60 or 70 year olds? About one in five business start-ups are by older people but they are twice as likely to succeed as young entrepreneurs.

Other factors suggest that becoming an entrepreneur once you've passed 50 is a good idea. It's your best hope if you lose your job at that age, as you only have a one in ten chance of finding another one. You're also more experienced and possibly less likely to take crazy risks. As pensions are squeezed, both private and state, the government would love you to continue working. So is going into business just as retirement is in sight, the answer?

Guests:

Dennis Thouless
Managing Director, Global Commodities

Stephanie Manuel
Founder, Stagecoach Theatre Arts

Mike Crisp
Founder, House Hubbies

Laurie South
Director, Prime

Professor Robert Blackburn
Small Business Research Centre, Kingston University


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