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Clark Howard: Baby boomer jobs

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Updated: 6/20/2013 10:53 am
JACKSONVILLE, Fla. -- Like some people who lost their job during the great recession, Greg Lindquist turned to beer.

"Growler Beer is generally smaller craft beers, unpasturized," Greg Lindquist said.

This is Greg's growler store in Duluth, which he opened a little over a year ago. Before Greg was selling jugs of beer, he was selling millions of dollars of lighting control systems. When the construction industry dried up, so did his work.

"As corporate America was laying off and downsizing, I became one of those," Lindquist said. "Being over the age of 50 and in sales, it's harder and harder to find a job."

Like Greg, many baby boomers have decided to go into business for themselves. According to a study by the Ewing Marion Kauffman Foundation, the 55 to 64 age range has seen the most growth in new entrepreneurs over the last decade. Although unemployment is relatively low for baby boomers, people recently unemployed over the age of 50 have had the hardest time finding work.

"We decided to take that big leap and sell growlers," Lindquist said.

Greg's second act hasn't been easy. The hours are long, but it's something he enjoys. He says the knowledge he used to open his business came from all those years in sales.

If I've got you inspired now, you don't know where to go or where to start. I have a couple of suggestions for you. One is Score.org. Service core of retired executives where people help other people start businesses or grow businesses. The other is in a lot of areas of the country. There are small business developement centers attached to major universities. Look for a small business developement center near you.

For more information go to ClarkHoward.com.

Watch Clark Howard weekday mornings on Action News This Morning on FOX30 beginning at 7 a.m.

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