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Showing posts from 2021

New podcast interview - Entrepreneurs Over 40

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I enjoyed a recent conversation with Greg Mills on his podcast 'Entrepreneurs Over 40'. Entrepreneurs Over 40 features inspiring stories by Entrepreneurs talking about the businesses that they created and the Side Hustles that they launched. In it we cover their motivation, the tools and tactics that they used to develop their business as well as their best and worst of days. These were some of the takeaways from our conversation: • The majority of startups are done by people 45 and older. • One of the biggest impediments to entrepreneurship is not knowing an entrepreneur to model after or learn from. • In school we were taught that it was scary to start your own business. Today it is much scarier not to. • There has never been a better time to start a one person business than right now...It does take a while to build up your networks of fellow experts so get in the game now. • There is room to advise people in just about any subject. Thanks

New podcast interview - Money on My Mind - with Aditya in Muscat Oman

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I had a great conversation recently with Aditya Bhardwaj, a wise young man in Muscat, Oman about the opportunities available to ageless entrepreneurs globally. I am certain that younger and older entrepreneurs around the world can become a collaborative force for global good. Thank you for a good conversation Aditya! My interview with Money on My Mind Podcast: Apple Podcasts Spotify

Upcoming conversation with Abhii Dabas

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 I had a great conversation with a new friend today.  Abhii Dabas is Singapore based entrepreneur and focuses his B++ podcasts on big issues of entrepreneurship and innovation.  It's exciting to consider how the ideas around ageless entrepreneurship apply worldwide.  I'm looking forward to sharing this conversation once published.    

The value of peer-to-peer networks

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We're re-launching our Pittsburgh Food and Beverage (FaB) network web site.  The FaB network has become a great model for ageless entrepreneurship principles...  Start small.  Start smart.  Start right now. Pittsburgh FaB has been a labor of love since I began traveling to Pennsylvania to help launch Food21 and grow this network in 2018.  We now have over 90 regional food businesses and over 85 support organizations in our Pittsburgh FaB network.  We are just now launching an exciting new culinary category.     My guidance has always been that organizations like FaB should grow as ground-up, peer-to-peer business development networks.  It's what I advocate for in the book and at our new Center for Ageless Entrepreneurs  I'm looking forward to helping grow this model.

New podcast conversation - Kickass Boomers

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I had a wonderful conversation about ageless entrepreneurship this week with Ms. Terry Lohrbeer, podcast host of Kickass Boomers. Here’s a short quote from Terry… “I think that’s great advice. So while they’re still working, they can start something small, so that when they need it, they can make it grow – into what they need. That’s excellent advice!” Link to the Kickass Boomer podcast

Entrepreneurship in the second half of life. My conversation with the Bloom community.

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I had a wonderful conversation with the Bloom community this week. I love the description Bloom uses on their web site: "Why retire when you can bloom? Join a community of adults 50+ learning, connecting and redefining a new phase of life." I met many new friends and opened up new conversations with the Bloom community. What a great day! The Bloom team sent some of the responses they got from my presentation: • "I liked that Rick recognized and is creating the missing bridge that we need as potential and/or existing entrepreneurs. We do not all have degrees nor do we all fit in the familiar list of businesses. I personally appreciate his warmth, knowledge and encouragement." - Deborah C. • "I caught your session on Bloom. This organization is exactly what I've been looking for." - Daryl W. • "A chance to talk with so many other people my age, as the other entrepreneur groups I talk with all seem young." - Sha

Piano top life preservers - Bucky Fuller

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As the world hopefully emerges from the pandemic, we have the opportunity to rebuild systems that regenerate life rather than deplete it.  Ageless entrepreneurs can be leaders in this movement. "I am enthusiastic over humanity's extraordinary and sometimes very timely ingenuity.  If you are in a shipwreck and all the boats are gone, a piano top buoyant enough to keep you afloat that comes along makes a fortuitous life preserver.  But this is not to say that the best way to design a life preserver is in the form of a piano top.  I think we are clinging to a great many piano tops in accepting yesterday's fortuitous contrivings as constituting the only means of solving a given problem." - Buckminster 'Bucky' Fuller Buckminster Fuller Institute:  https://www.bfi.org/

International Women's Day - make a loan to a woman entrepreneur

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  Monday March 8th is International Women's day, 2021. Looking for a way to make a difference?  Consider supporting women entrepreneurs through Kiva.  You can loan as little as $25, making a real difference when your loan is aggregated with others. I've been a Kiva lender since 2012.  I've made 279 loans to entrepreneurs in the U.S. and 85 different countries worldwide.  Over 80% of my loans are to women entrepreneurs, working primarily in food and agriculture.  I also serve as an advisor to the Kiva Pittsburgh team.   International Women's day 2021.... celebrate and act.  Invest in her . Kiva - Invest in Her

Presentation with Bloom - March 25, 2021 2 PM EST

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I'm looking forward to my conversation with the Bloom community.  Bloom is a platform for  adults 50+ learning, connecting and redefining a new phase of life. I really like the Bloom platform. The gathering conversation begins at 2 PM EST on Thursday March 25. Link is below: https://home.hellobloomers.com/sessions/how-to-start-a-business-at-any-age

Founders Over 55 gathering - Full recording - Thanks for a great conversation!

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  What a great conversation.  Thank you! This is the full recording of the recent Founders Over 55 gathering. Link to Youtube recording

Reviews from Boston gathering - Founders over 55

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I really enjoyed my conversation with Founders Over 55 based in the Boston area.  I met (digitally!) many new friends.  Great questions and discussions.  I loved the energy of those on hand! Here is a sample of feedback from the event... "BRILLIANT!!  That was so exciting and energizing... there is so much to unpack and followup...  Let's collaborate for sure!  thank you sooo very much for sharing your time and wisdom" -Danielle "Wonderful job today!  I appreciate how approachable you were and humbly inspiring." -Paul "Thank you again for being such an inspiring keynote speaker for Founders55 today.  As I'm sure you could tell from the energy in the group, your insights and advice were resonating with us all." -Mary

Welcome to our new Clubhouse room

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Are you using the new Clubhouse app yet?  It's an audio-only platform for creating and sharing specific conversations.  No recordings, just a place to interact around shared interests. We've opened a new room on the Clubhouse app.  Our initial plan is to schedule the room for 2 PM on Sunday afternoons (eastern time).  We're calling the room 'Ageless entrepreneurs - start a business at any age.' If you're on the app and would like to chat, please drop in.  We look forward to meeting you!

Boston: The Silicon Valley of longevity?

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Two of my favorite quotes below, with a link to the full article. Boston: the Silicon Valley of longevity? An older population can serve as the hub for a new kind of innovation cluster. February 15, 2021.      By Joe Coughlin and Luke Yoquinto       “In the United States, the economic impact of older adults is already remarkable. Americans aged 50 and up account for just 35 percent of the US population, but, according to the AARP, they controlled 83 percent of all household wealth as of 2018, and were responsible for 56 cents of every dollar of consumer spending — a figure expected to rise to 61 cents by 2050. Their unpaid activities, including elder care, child care, and volunteerism, add another $745 billion worth of production to the US economy. Their labor force participation, too, continues to rise, part of a long-term trend that started in the 1980s. But older people’s potential economic activity only begins with what they’re up to now. Tools to address their future needs, wants,

Center for Ageless Entrepreneurs - 501(c)3 status certified by IRS

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Our Center for Ageless Entrepreneurs (CAE) has been registered as a 501(c)3 nonprofit organization by the U.S. IRS. It's great to have this foundation in place.     Our nonprofit structure will let us launch with a goal of doing the greatest amount of good for the greatest amount of people.   Follow our news here: Center for Ageless Entrepreneurs :

Fireside Chat with the Founders Over 55+ group.

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I'm looking forward to a presentation / conversation with the Founders Over 55+ members this coming Feb. 10 at 4 PM eastern.   Founders Over 55+ is Boston based but this online presentation is open to everyone. I love the title we've posted for this presentation: A field guide to launching a startup where your age is an asset! “There has never been a better time to start your own business, but taking that leap of faith can seem like a daunting risk rather than an exciting new venture. But here’s the truth: Your community needs you. The world needs you. You have time to make a difference, and you have the experience, resilience, and drive to make it. " We'll discuss Rick's advice on how you can go from being an employee to an entrepreneur, or from an empty-nester to a business owner. There is no cost to attend.  Hope you can join us! Link to this registration or here: https://www.eventbrite.com/e/founders-over-55-fireside-chat-with-rick-terrien-author-ageless-startu

The long tail opportunity for ageless entrepreneurs

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I believe the famous 'Long Tail' coined and described by Chris Anderson, has a significant role to play in the economic recovery.  This is especially true when you consider entrepreneurship among those in the second half of life.  Most of us are familiar with the concept.  There are relatively few big 'hits' in the economy.  But when considering the small niches that develop in tandem with or because of the hits, a long tail of available commerce develops that can often exceed the size of the original hits. With the economy in major restructure mode and problems on every horizon, there are opportunities available for niche entrepreneurs to develop new solutions. It is not a simple matter of ramping up existing companies to provide new products and seervices.  Exiting companies can surely innovate.  But given current circumstances with small businesses reeling, we can't rely on our existing businesses exclusively. We need hundreds of thousands of new small businesses

Most downloaded podcast 2020 - The Author Inside You

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  I had a great 2020 discussion with Leah and Matt Rafferty, hosts of The Author Inside You Podcast. Leah and Matt just sent word that our conversation about ageless entrepreneurship was the most downloaded episode of The Author Inside You for 2020! The title of this podcast was How to Work with a Professional Publisher.   I loved working with my professional publishing team at Entrepreneur, and would recommend their services to anyone, especially - but not limited to - my wonderful editor Jen Dorsey.  I'm honored by the shout-out and look forward to listening to more valuable information from The Author Inside you.  Thanks, Leah and Matt! Quote from this interview: "In this day and age... I posit that it's scarier NOT to have your own business." Blog post - The Author Inside You podcast.  July 13, 2020 .  Show notes, quotes, and links. Go directly to  the full interview .