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The ROI in You: How Baby Boomers Can Cash in & Build New Entrepreneurial Business Careers
The ROI in You: How Baby Boomers Can Cash in & Build New Entrepreneurial Business Careers
The ROI in You: How Baby Boomers Can Cash in & Build New Entrepreneurial Business Careers
The ROI in You: How Baby Boomers Can Cash in & Build New Entrepreneurial Business Careers
The ROI in You: How Baby Boomers Can Cash in & Build New Entrepreneurial Business Careers
The ROI in You: How Baby Boomers Can Cash in & Build New Entrepreneurial Business Careers
The ROI in You: How Baby Boomers Can Cash in & Build New Entrepreneurial Business Careers
The ROI in You: How Baby Boomers Can Cash in & Build New Entrepreneurial Business Careers
The ROI in You: How Baby Boomers Can Cash in & Build New Entrepreneurial Business Careers
The ROI in You: How Baby Boomers Can Cash in & Build New Entrepreneurial Business Careers
The ROI in You: How Baby Boomers Can Cash in & Build New Entrepreneurial Business Careers
The ROI in You: How Baby Boomers Can Cash in & Build New Entrepreneurial Business Careers
The ROI in You: How Baby Boomers Can Cash in & Build New Entrepreneurial Business Careers
The ROI in You: How Baby Boomers Can Cash in & Build New Entrepreneurial Business Careers
The ROI in You: How Baby Boomers Can Cash in & Build New Entrepreneurial Business Careers
The ROI in You: How Baby Boomers Can Cash in & Build New Entrepreneurial Business Careers
The ROI in You: How Baby Boomers Can Cash in & Build New Entrepreneurial Business Careers
The ROI in You: How Baby Boomers Can Cash in & Build New Entrepreneurial Business Careers
The ROI in You: How Baby Boomers Can Cash in & Build New Entrepreneurial Business Careers
The ROI in You: How Baby Boomers Can Cash in & Build New Entrepreneurial Business Careers
The ROI in You: How Baby Boomers Can Cash in & Build New Entrepreneurial Business Careers
The ROI in You: How Baby Boomers Can Cash in & Build New Entrepreneurial Business Careers
The ROI in You: How Baby Boomers Can Cash in & Build New Entrepreneurial Business Careers
The ROI in You: How Baby Boomers Can Cash in & Build New Entrepreneurial Business Careers
The ROI in You: How Baby Boomers Can Cash in & Build New Entrepreneurial Business Careers
The ROI in You: How Baby Boomers Can Cash in & Build New Entrepreneurial Business Careers
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The ROI in You: How Baby Boomers Can Cash in & Build New Entrepreneurial Business Careers

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Continuing to work post-retirement is often an attractive option for many reasons – but doesn’t it defeat the purpose of retirement to have to return to a grueling work schedule? With so many years of …

Continuing to work post-retirement is often an attractive option for many reasons – but doesn’t it defeat the purpose of retirement to have to return to a grueling work schedule? With so many years of experience in the workforce, there should be a way for you to contribute your expertise to companies while still making the most of your retirement.

Luckily, there can be a better way! Many retirees are turning to independent consulting – in fact, baby boomers and mature workers comprise 30 percent of the independent workforce according to our recent Independent Workforce study.
If you’re not quite ready to retire

For a person who’s worked 40 hours a week every week for the last 30 to 40 years, the suddenness of retirement can be brutal. Many retiring workers find that they actually have too much free time on their hands – yes, you read that right.

If you overestimated how much you’d really enjoy fishing for eight hours each day, every day, continuing to work a little in your industry could be an ideal way to stay occupied while earning some money. As a consultant (assuming you have worked to hold on to the valued contacts and network you have built up during the course of your career), you can work as much or as little as you like – so you still have time to pursue those leisure interests.

For example, take one of our independents. Ward turned to government contracting almost immediately after his retirement from the CIA. He walks 3-4 miles a day, plays golf twice a week, and takes frequent day trips with his wife – all while also working as an independent professional.

If you need supplemental income

The baby boomers started to turn 65 in 2011. Do you know what that means? That means that every single day for almost the next 20 years, more than 10,000 Americans will reach retirement age. If you’re one of these new retirees, you may find yourself in need of supplemental retirement income, either due to under-preparation for retirement or some sort of unforeseen financial circumstance.

For a retiree in need of an additional income source, independent consulting can be the perfect option. With the growing project economy, many companies are looking for highly skilled candidates to help execute important – but relatively short-term – projects. Your wealth of experience, combined with a higher level of personal maturity and accountability, makes you an attractive and desirable candidate.

Transitioning to consulting

If you’re ready to become an independent consultant, there are a few steps you can take to ensure you are successful as a member of the independent workforce. For example, you’ll want to set up a LinkedIn profile to help network and market your skills. We will be holding a webinar on how baby boomers can cash in on their earned expertise at the end of the month. Register Now!

Most importantly, don’t forget to contact the experts at MBO Partners with any questions or concerns along the way.

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    • 1. THE ROI IN YOU:HOW BABY BOOMERS CAN CASH IN & BUILD NEWENTREPRENEURIAL BUSINESS CAREERS ©2011 MBO Partners Inc.
    • 2. 2 YOUR HOSTS TODAY GENE ZAINO STEVE KINGPresident & CEO Partner, Emergent Research ©2011 MBO Partners Inc.
    • 3. 3 STEVE KING➤ PROMINENT RESEARCHER & CONSULTANT➤ RESEARCH FOCUSED ON: • Growth of small business • Future of work • Independent work ©2011 MBO Partners Inc.
    • 4. 4©2011 MBO Partners Inc.
    • 5. 5 WEBINAR CONTROLSThe full screen iconmaximizes thepresentation area.The raise hand iconalerts the organizerthat you have aquestion or comment.The chat box allows youto send a question to thepresenter. ©2011 MBO Partners Inc.
    • 6. 6 THE MBO WEBINAR SERIES➤ SIGN-UP FOR THE SERIES! • Email webinar@mbopartners.com to be informed of the entire series or to provide topic suggestions. ©2011 MBO Partners Inc.
    • 7. 7 AGENDA➤ REVEAL NEW BOOMER DATA➤ WHY ARE BOOMERS EMBRACING INDEPENDENT WORK➤ BOOMER BUSINESS OPTIONS ©2011 MBO Partners Inc.
    • 8. 8 STATE OF INDEPENDENT WORKFORCE STUDY➤ INAUGURAL RESEARCH REPORT • Conducted by Emergent Research in partnership with Rockbridge Research • Took place during Summer 2011 • 1,144 U.S. residents surveyed • 601 independent workers filled out qualitative surveys • Data weighted to reflect U.S. demographics ©2011 MBO Partners Inc.
    • 9. 9 Another 8 million Boomers show interest in going independent by 2013.Boomers represent 5 million (31%) of the 16 million independent workers in America today. ©2011 MBO Partners Inc.
    • 10. 105 MILLION BOOMER INDEPENDENTS ©2011 MBO Partners Inc.
    • 11. 11REASONS FOR CHOOSING INDEPENDENCE ©2011 MBO Partners Inc.
    • 12. 12THE CHALLENGES OF INDEPENDENCE ©2011 MBO Partners Inc.
    • 13. 13 WHAT’S DRIVING THE SHIFT? Desire to Stay Active Cheaper & EasierWork/Life Flexibility Lack of Job Options Financial Need ©2011 MBO Partners Inc.
    • 14. 14 WHY NOW?➤ TECHNOLOGY HAS MADE IT EASY➤ THE ABILITY TO LEVERAGE EXPERIENCE➤ RISE OF THE PROJECT ECONOMY ©2011 MBO Partners Inc.
    • 15. 15 BOOMERS & THE PROJECT ECONOMY“Project based work often relies on diverse individuals that carry a unique level ofexpertise in a particular field. 77% of companies surveyed said that they useIndependent Consultants because they need specialized skill-sets for projects.” ©2011 MBO Partners Inc.– 2011 Aberdeen Research Report
    • 16. 16 HOW DO YOUCAPTURE THE ROI IN YOU? ©2011 MBO Partners Inc.
    • 17. 17 THE CAPITAL NEEDED TO START A BUSINESSFINANCIAL CAPITAL – THE FUNDING Cash, banks, investors and ROIINTELLECTUAL CAPITAL – THE IDEAS The plan and the gutsSOCIAL CAPITAL – THE RELATIONSHIPS The people and community to sell to ©2011 MBO Partners Inc.
    • 18. 18 CAPITAL ALLOCATION STIMULATES NEW BUSINESS MODELS The Traditional Economy: The New Expert Economy:Funding-Centric Businesses Service-Centric Businesses V ©2011 MBO Partners Inc. Financial Capital Intellectual Capital Social Capital
    • 19. 19 BOOMER BUSINESS MODELSIndependent Consultant Project Team Broker ©2011 MBO Partners Inc.
    • 20. 20INDEPENDENT CONSULTANT ©2011 MBO Partners Inc.
    • 21. YOU AS BROKER 21©2011 MBO Partners Inc.
    • 22. BUILD PROJECT TEAM 22©2011 MBO Partners Inc.
    • 23. 23INDEPENDENT BOOMER STORIES Jane Applegate Ward Mannering Sharon, Vermont Vienna, Virginia ©2011 MBO Partners Inc.
    • 24. 24 TAKE OUR QUIZ!Link will be sent via email with slides after webinar ©2011 MBO Partners Inc.
    • 25. 25 WANT TO LEARN MORE?➤ EMAIL US! info@mbopartners.com➤ VISIT OUR WEBSITE www.mbopartners.com➤ FOLLOW US ON TWITTER @mbopartners➤ SIGN-UP FOR ADDITIONAL INFORMATION • Receive updates for upcoming webinars - email webinar@mbopartners.com ©2011 MBO Partners Inc. • Sign up for new Independent Consulting Brief at newsletter@mbopartners.com
    • 26. 26 THANK YOU www.mbopartners.com http://www.mbopartners.com/bloghttps://www.facebook.com/mbopartners ©2011 MBO Partners Inc.

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