Tag Archives: startups

Finding Your Business Idea

Posted on March 2, 2019 by Lynne Strang

For 40-and-older entrepreneurs, the number one reason for starting a business isn’t necessarily to make big bucks.  It’s more about doing something that’s enjoyable and gives you a sense of fulfillment. In this video post, I describe a very simple … Continue reading →

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Successful Entrepreneurs Likely to be Older, Finds New Study

Posted on June 6, 2018 by Lynne Strang

As much as we love reading about young entrepreneurs who create killer businesses, these cases are the exception rather than the norm, says a new report. In reality, the average age of the most successful entrepreneurs is 45, according to … Continue reading →

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Nine Business Book Takeaways That Can Help Your Startup

Posted on March 14, 2016 by Lynne Strang

Whether you’re new to entrepreneurship or been at it for a while, these ideas from noted business books can help you reach your goals: 1) Don’t try to win by competing in an already crowded market space. Create an uncontested … Continue reading →

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Seven Aha Moments That Started Late-Blooming Businesses

Posted on September 29, 2015 by Lynne Strang

Entrepreneurs need research to determine if a business idea has the potential to succeed. But the idea itself often comes from an “aha moment,” defined by Merriam-Webster as “a moment of sudden realization, inspiration, insight, recognition, or comprehension.” Here’s a … Continue reading →

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Help is Out There for 40-and-Older Entrepreneurs

Posted on February 13, 2014 by Lynne Strang

Looking for third-party support or guidance to launch your startup – but aren’t sure where to turn? Here’s a list of organization, programs and publications that may be useful for aspiring or new business owners. Many of these resources are … Continue reading →

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Invention Turns Smartphones into Heart Monitors

Posted on January 5, 2014 by Lynne Strang

David C. Albert is an Oklahoma City-based cardiologist, inventor and the founder of three tech companies. His latest venture, which he started at age 56, sells a product that has caught the attention of many in the health care industry. The AliveCor System turns a smartphone … Continue reading →

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Startup Activity Remains Strong Among Older Americans

Posted on March 22, 2012 by Lynne Strang

While the rate of new business creation dipped last year, entrepreneurship growth was highest among American adults in the 45-to 54-year-old age category, show new statistics released March 19 by the Ewing Marion Kauffman Foundation. The Kauffman Index of Entrepreneurial Activity found … Continue reading →

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Downsized Designer Shuns Corporate Life – and Finds Success

Posted on November 3, 2011 by Lynne Strang

By Lynne Strang, Late Blooming Entrepreneurs For Donna Herrle, life changed in two days. That’s how much notice the Pittsburgh woman received that she was being laid off from her position at a healthcare group purchasing organization where she had … Continue reading →

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Limo Service Owner Fulfills Lifelong Dream

Posted on October 21, 2011 by Lynne Strang

By Lynne Strang, Late Blooming Entrepreneurs Rory Kelly Nothing turns heads like a shiny, elegant limousine.  Maybe it’s the commanding presence, which makes it stand out among other vehicles.  Or the prospect of catching a glimpse of some famous person … Continue reading →

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Is There an Age Bias in Venture Capital?

Posted on October 16, 2011 by Lynne Strang

Seth Levine, a managing director with venture capital firm Foundry Group, asks this question in an October 13th commentary appearing on CNNMoney. In his piece, Levine recounts his reactions during a pitch meeting for a social networking related business.  The presenters were three entrepreneurs, all in their late … Continue reading →

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