A quick note from us

Where do you see yourself in 5 years?

That question is most often reserved for bright-eyed, bushy-tailed and green-behind-the-ears college grads during their first job interview. But, for the rest of us, who have been working for most of our lives, when was the last time you were asked that question? And, how would you reply? As you get further along in your career, it may be harder to answer.

As we get further along in our career, that question may be harder and harder to answer. Many often reply: “5 years closer to retirement, I hope!” But the fact is that most people do not know the answer, because they see themselves “stuck” in their current career path. The reasons for this could be many... “I’ve been here for so many years already, it just seems like the path of least resistance.” Or, “I’m too old to switch careers. No one would hire me.”

Fact is, according to research conducted by the American Institute for Economic Research, 82% of survey respondents reported making a successful transition to a new career after age 45. That's a huge number successfully making the transition into a new career.

Should You Consider a Career Change ?

You’re Not Getting Any Younger

None of us are. And the longer you wait until “someday” or “next year,” the less likely you are to break free from your current career. As you’ve worked in your career, you’ve no doubt experienced the feeling of “I could do X better,” or “If I was in charge, we’d be able to do this with better results.”

When you’re later on in your career, though, what’s the best way to do that?

One way people have found success in their “second” careers is through buying an existing business or through buying a franchise.

The statements may change, but the sentiment is the same: Do you have what it takes to run your own business?