Part 4: The Entrepreneurial Spirit
10. Launch a “Passion Project” Business
Retirement is the perfect time to become an entrepreneur on your own terms. This isn’t about building a Fortune 500 company; it’s about turning a lifelong passion into a small, enjoyable stream of income and activity. Do you love baking? Consider selling your famous pies at a local farmers market. Are you a skilled woodworker? Open an Etsy shop for your handcrafted birdhouses. Were you a great manager? Offer part-time consulting services to small businesses. The beauty of a “passion project” business is that you are in complete control. You set the hours, you choose the projects, and the primary goal is enjoyment, not just profit. It keeps your skills sharp and provides a wonderful sense of identity and accomplishment.
