This CFO couldn’t get hired at 61, so he started his own business
Larry Chester, who worked as a chief financial officer for a handful of companies, was 61 and out of job — and nobody seemed interested in hiring him for a full-time position.
Chester spoke with MarketWatch about ageism in the workforce and starting your own business in your 60s.Larry Chester: I think there’s a misunderstanding of what it means to be 60 years old, or even 70 years old. I remember when I turned 50 and one of my friends turned 50, he said he was so old he couldn’t play tennis three times a week like he used to. I said, who are you kidding? Age doesn’t tell you what you’re able to do or not to do.
MW: Can you describe the inter-generational relationships you’ve experienced, especially when there are younger clients and older consultants working together? Chester: A lot of businesses start out step by step, and most people who start small businesses start them as part-time, saying they’ll do this until they get a real job, but then it becomes reality. So my advice is first of all, do something that you know. It is much easier taking your current knowledge base and turning it into something, even if you’re doing it part-time.
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