The traditional business model and large corporations no longer provide the satisfaction and job security as they used to only a decade ago.
Interestingly enough despite these challenging economic times, America appears to be on the cusp of an entrepreneurial boom… and baby boomers are leading the way, according to a study conducted by the Ewing Marion Kauffman Foundation. Over the past decade Americans age 55-64 have seen the highest rate of entrepreneurial activity — and growth in entrepreneurship among nearly all age groups has seen increases over the past 24 months as motivated individuals are taking their careers into their own hands.
With their vast business and life experience and the desire to help others succeed and have more fulfilling lives and careers, they are simply too young to retire. The profession of coaching is calling to them because it is one of the few professions that fully capitalizes on their experience, values, and “pay it forward” attitude. Baby boomers have acquired their interest in coaching as others have sought their help and advice looking to learn from their life and career experiences.
Answer these questions, for yourself, and see if they steer you towards a natural calling:
- What do you value — personal growth? Working in partnership? Helping others?
- What experiences and strengths do you have that might be of assistance to others?
- What do you feel when you see great potential in others – and help them see it too? What drive do you have to help them exercise that potential?
Luke Iorio, CPC, PCC, ELI-MP
iPEC’s Coach Training Program
Institute for Professional Excellence in Coaching