By: Cate

In today’s article from Business Insider, author Michelle Hirsch sheds light on new statistics for unemployed Baby Boomers and the facts are dismal. Not only are older workers challenged by the younger, more technologically skilled work force, our hard earned retirement savings and investments have been decimated by the economy with little hope of regaining lost ground.

While unemployment can be difficult and financially challenging, the opportunity to make the leap to an online business has never been greater or more important. It will take cutting costs to the bone, diverting minimal resources (a huge plus for an online business) to your new endeavor and devoting the time necessary to make it happen.