Why older workers can make the best employees.
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.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Bed Bath & Beyond plans to close at least 40 stores this year but open 15 new locationsHome goods retailer Bed Bath & Beyond, which also operates Buy Buy Baby, Harmon Face Values and World Market, says closings are coming.
Read more »
Wells Fargo CFO on earnings, Tim Sloan and consumer bankingJohn Shrewsberry, Wells Fargo CFO, joins 'Closing Bell' to discuss the company's morale following the departure of Wells Fargo CEO Tim Sloan. They also discuss the bank's earnings report and auto loans.
Read more »
BMW says no plans to develop compact vehicle with rival: CFOBMW Chief Financial Officer Nicolas Peter said the Bavarian carmaker has no plan...
Read more »
Best Buy CFO to replace Hubert Joly as CEOBest Buy Co Inc on Monday named Chief Financial Officer Corie Barry as the compa...
Read more »
Best Buy promotes CFO Corie Barry to CEO roleBest Buy Co Inc on Monday named Chief Financial Officer Corie Barry as the compa...
Read more »
Best Buy replaces turnaround chief Joly with longtime CFOBest Buy Co Inc on Monday named Chief Financial Officer Corie Barry as the compa...
Read more »
Unicorn startup PagerDuty soared 56% in its first day of public trading — now its CEO and CFO explain what's nextPagerDuty just went public. CEO Jennifer Tejada and CFO Howard Wilson explain the next steps for this DevOps company after its IPO.
Read more »
Goldman Sachs is moving away from a tool championed by its former CFO, as it pushes its traders to see clients where they once saw quick winsThe David Solomon era has officially begun for Goldman Sachs's beleaguered trading division.
Read more »
The CEO who led Best Buy through its turnaround is stepping down and being replaced by the company's first female chief executiveBest Buy CEO Hubert Joly is stepping down and will be replaced by current CFO Corie Barry. She will be the company's first female CEO.
Read more »