Petro Law - December 2019

There’s No Expiration Date on Entrepreneurship THE JOYS OF STARTING A BUSINESS AFTER YOU ‘RETIRE’

As a nation, America is getting older. By 2030, 20% of Americans will be 65 or older. With people living longer than ever before and the baby boomers approaching retirement age en masse, older adults will continue to have a massive impact on the American economy at large. Normally, we think of seniors as people who cash in on the hard work they’ve already accomplished. Many young people even worry Social Security will be wiped out by the time they reach retirement age. But who’s to say older adults can’t contribute to the economy? If you’ve ever tried to change jobs late in your career or pick up some part-time work after retirement, you know it’s hard to be hired as a senior. Quartz recently called seniors “the economy’s most underused natural resource.” Until more employers understand the value and potential of older workers, entrepreneurship remains the most viable avenue for seniors wanting to work after their primary career has ended. There are a number of reasons why seniors find creating their own business to be rewarding and why they tend to succeed when they do. Unlike younger people, who often become business owners in an attempt to make a fortune, older entrepreneurs can be content with small, sustainable micro-businesses. They also approach their businesses with a wealth of experience that can’t be purchased. As a result, 70% of ventures founded by older entrepreneurs are still open five years later, more than double the rate of the general population.

With so much potential to be found in senior-run businesses, it’s no surprise that organizations are rushing to empower older adults with the tools they need to succeed. Senior Planet, a coworking space for seniors with outposts nationwide, teaches classes on skills like website creation in a space that makes older learners feel welcome and comfortable. On top of being an important economic driver, entrepreneurship can be a wonderful way for seniors to generate meaning and value in their lives. It’s never too late to start the business of your dreams.

Royal Rinks CURLING ATHLETES EVERY FAN SHOULD KNOW Every four years, as some of the world’s best Olympic athletes battle for gold medals, the world falls in love with curling. Curling originated in 16th-century Scotland and is most popular in Canada, where many Scots immigrated. Now, 480 years after the first recorded instance of curling occurred on a frozen pond in Scotland, many devotees have left their mark on the sport’s history. These are just a few of the greats. Harvey Mazinke Curling Team In 1973, Canada held its collective breath as the Harvey Mazinke Curling Team took their final shot in a world championship match against Sweden. The rock ultimately failed to reach the rings, crowning Sweden as world champions and snapping the 10-0 record Harvey Mazinke had built during a week of competition. But regardless of that final score, Harvey Mazinke’s impact on the sport was not diminished. The team was crowned the Canadian Men’s Curling Champions in 1973, and the Saskatchewan Sports Hall of Fame recognizes them as “ambassadors to the game.”

Roy Thiessen Choosing only one devoted coach to highlight is difficult, but it must be Roy Thiessen. Roy coached championship teams —or rinks, as they are called in curling— at both provincial and national levels. His expertise led him to chair the first Saskatchewan Summer Games in 1972, theWorld Junior Men’s Curling Championships in 1979, and theWorld Ladies’Curling Championships in 1983. Budding athletes can learn all of Roy’s secrets and the fundamentals of curling in the numerous books he wrote.

Joyce McKee Curling Team Without Joyce McKee, Sylvia Fedoruk, Donna Belding, and Muriel Coben, the Canadian Ladies Curling Association Championship, now called the Scotties Tournament of Hearts, would have never become the nationally recognized organization it is today. The aforementioned women were part of the Joyce McKee rink and were the first winners of the championship in 1960. Their style, play, and knowledge propelled women’s curling into the leagues of men’s competitions, proving that women could compete at just as high of a level as their male peers. To this day, the Joyce McKee rink’s accuracy is unparalleled. If you can’t wait another two years before curling hits center stage at the Winter Olympics, check out the podcast “Curling Legends” to get your fix of curling greatness.

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