Most people who are over 50, are either approaching retirement or already retired. Many are faced with the challenge of how to supplement a reduced income or replace one that has stopped. Many dream of starting some sort of business but do not see it possible because of what is usually involved in setting up a business and keeping it going. I am a perfect example.
When I lost my job in 2011, I was already 51. At that time, finding a job is real difficult and most job need you to do more for less income. So, I give up the search to go for an offline business – a small food business. We set it up and keep it going within the one and the half year contract. In the end, we quit due to the increase in rental cost that we find it difficult to make profit in the long run. Continue reading