4 - Moira McGarvey on Finding Your Business Idea and “Going for It!”
If you’re preparing for your “third act,” Moira McGarvey has your back. Her business, GangsAway, is a community for people who are planning the next stage of their lives. In addition to being a fascinating business concept, GangsAway is a great example of how opportunities appear when we break down stereotypes and shatter myths.
Moira understands that many people in their 50s and 60s are rethinking the concept of retirement. As she mentioned during our interview, “Our generation is not looking to fade into oblivion in some retirement home!” We are starting businesses, moving to new locations and exploring our passions. This is where GangsAway comes in. It is a place for people to plan their next move and support each other.
What I love most about Moira is her ability to “dream big and start small.” She has a vision for how to turn her business into a successful, multi-million dollar company, but, she isn’t afraid to roll up her sleeves and get the work done today. She has dealt with a lack of funding, ageism and numerous other challenges. From our conversation, I can tell that these bumps along the road have only made her stronger.
Watch Our Interview Now and Discover:
- How Moira uses guest posts to drive traffic to her site
- Her advice for what to do when you have “too many business ideas”
- How to apply your corporate skills to starting a business
- What Moira discovered about the funding process… and what she did about it
- How Moira traded equity for professional services to get her business started
- 3 things that business groups and mentors can do for your business
- Why you shouldn’t wait for outside investment to get started
- 3 reasons Moira says older entrepreneurs hold all the cards
- The importance of being ready to pivot as an entrepreneur
Moira is well on the way to succeeding in her “third act” and she’s on a mission to helping other boomers to do the same. Her advice to older entrepreneurs is not to wait. Once you decide that you have enough time and money she says “Go for it! If not now, then when?”
Did you enjoy my interview with Moira McGarvey? What questions do you have for Moira and I? Please add them in the comments or join the conversation in the Profit After 50 forum.