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How to start a new business in your 50s


If you’ve come up with a fantastic business idea, it’s never too late to start. There are so many possibilities out there, I always say don’t wait for anything. This is your life — not a dry run. Don’t give up your point of view for anyone else’s. However, it helps to know the creative processes and the three energies required for success.

Any business starts with a new idea; that’s the generative energy. It’s the “wow” moment of your life. You get enthusiastic and filled with a sense of infinite possibilities. Some people are great at coming up with ideas for business, but without the other two more elements they could remain just ideas.

To actually bring your fantastic ideas to fruition requires creative energy. Creation is where you continually put energy into your business. You’re constantly looking at things like: who do you have to speak to? Where do you have to be? What money is required? What tools are required? You’re constantly creating, constantly making choices. Every choice you make will create something different.

In business, it’s easier to make choices when you function from what you know. If you are faced with different options and find it difficult to choose, ask yourself: what’s the lightest choice I have here? It may seem a bit strange at first but you’ll know instantly which choice has a sense of lightness and expansiveness to it. Many people make business decisions significant. What if it wasn’t about weighing up what’s going to happen? And you don’t have to get it right. Just because you make a certain choice doesn’t mean you have to stick to it. You can always choose something else.

The third element is instituting or maintaining. It’s what you have to do every day to keep customers coming through the door. Institution doesn’t have to be boring, or static. It actually can expand the business if you’re willing to ask questions, rather than habitually doing the same thing. I work on many different projects and every day I ask, “Which project requires me today? What do I have to institute today?” When you ask a question, you’ll always get the information so you know what to do next. It could be making three phone calls a day. It could be reaching out to a different client or customer base. Ask and you shall receive… you get the general idea!

The good news is, you don’t have to do it all yourself. Which part of the business makes you enthusiastic? The generative, creative, or institutive parts? Once you know what’s fun for you, look for someone who can assist you with the other parts and add them to your business.

Now or for the future?

You may find coming up with ideas of potential businesses easy, however, recognise when the time is ripe to pursue them. A tool I received from the founder of Access Consciousness® Gary Douglas is to get a little notebook and write down all my ideas as they come to me. He calls it a Possibility Book. Then with each idea I ask: Is this for now or the future?

Allow yourself to receive the awareness, and you will know whether to pursue it straightaway, or whether you should hold onto it for the future.

A last word…

I’ve never created anything for money. I’ve always created for the fun of creating and the money has showed up from that. If you make a business about the money then it’ll always be about the money. What I’ve found is this, money follows joy; joy does not follow money.

Simone Milasas will be presenting a special class in November from 6-9th November live from Noosa Sharing all the tools to that led her to create the life she now has as an author, speaker , successful  business leader. Simone also presents seminars globally based on her popular book Joy of Business. You can get her free video series, Putting the Fun Back in Business, by just clicking here: and keep an eye out for her second book Getting Out of Debt, Joyfully  out globally November 2016.

Want more help setting up a business?

Jack Delosa, Passion to Purpose, Reinvention, Empowerment, Business advice for mature, Online learning, Self help, Self improvement, Find your passion

Simone Milasas

Simone Milasas is a dynamic business leader with a difference. She has founded and operated many businesses from a young age and always done business different. Today, Simone Milasas is a director of multiple companies. For the last 14 years Simone has been the Worldwide Coordinator of Access Consciousness® helping grow the business into a multimillion-dollar company operating in 173 countries. Simone also presents seminars globally based on her popular book Joy of Business. You can get her free video series, Putting the Fun Back in Business, at . Her second book Getting out of Debt, Joyfully will be out in November 2016.

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  1. Pingback: Want to start your own business? Find out how to turn your passion into purpose - Balance by Deborah Hutton

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