I’m Retiring, my brain is drained!
January 02, 2017
I have enjoyed getting to work at the SBDC with our director, Dave Erickson, our fabulous staff, and most importantly the vast array of business owners who have been my clients.
However, I look forward to joining the select group of Baby Boomers who are retiring at the rate of 10,000 per 24 hour period!
In doing some research about retirement, I read a lot about how, we as Baby Boomers, are taking with us all the knowledge we have accumulated during our years. This is referred to as the Brain Drain. I’m here to tell you that I’ve spent all my life teaching anybody who would listen, everything I ever knew or could surmise, so YES, my brain is drained!
Please, indulge me as I reminisce about these last ten years working at the Small Business Development Center at Angelo State University. After all, this job, combined with the San Angelo Standard-Times, has provided the platform of Business Tips to tout my years of wisdom! So, let’s begin at the beginning!
My first Business Tips article discussed the increase in the minimum wage law. In 2007, the wage was $5.85 an hour. That’s a pretty good wage if you compare it to the $1.60 minimum wage per hour I made when I worked during college. My first post-college job paid $3.75 per hour. In 2008, it increased to $6.55 then to the current minimum wage of $7.25 in 2009.
Other Business Tips articles in 2007 explored the Proust phenomenon (smells which cue memories) and mystery shopping your own business (NOW, known as Undercover Boss and to think I had that idea ten years ago!).
Articles in ’08 and ’09 covered work ethic, ever occurring articles on trademarks and patents (my secret passions), and the POWER of signage. “Your sign works for you 24 hours a day, 7 days a week, 365 days a year and never calls in sick or is late for work!” according to the International Sign Association.
Emotional Intelligence (EQ) articles appeared mid-year in 2009. Evidently, my clients were concerned about the lack of commitment the workforce exhibited. EQ wasn’t the panacea, but the information provided an attempt at understanding. Other articles dealt with pitching an idea to investors and stress management! Go figure!
The year of 2010 included articles about credit card fees, carrying customer’s accounts, and proper business access for the elderly (Yikes! I probably should re-read this one!). One article warned of false advertising concerning grants and another about the value of tourism dollars.
How to price your goods and services, the importance of a proper handshake, confidentiality, inventions, embezzlement and retirement deferred (oops, I didn’t take my own advice on this one!) rounded out 2011.
I read a book in 2012 and it provided enough information to almost fill that year! Getting Things Done by David Allen guided my writing but also guided my gaining control of my peripheral space. “Your conscious mind, like a computer screen, is a focusing tool, not a storage place.”
Business Tips articles about managing a business’s reputation and credit score added to the broader base articles on entrepreneurial children on 2013. Articles in 2014 consisted of how to make your employees feel “significant”, selecting a name for your business, managing customer expectations and of course another article on patent searching.
In the Texas legislative year of 2015, I wrote an article about HB3425, which would make way for non-certified investors to purchase stocks in order to support a local business. I’m sure it will be on the 2017 docket! I was also fortunate to hear Jody Holland, motivational business speaker, and I wrote an article on his powerful three-step compliment process.
Business Tips articles in 2016 ran the gamut from flag-flying etiquette (hold over from my days as a fifth grade teacher) to encouraging business owners to take time for themselves (yes, I got lots of “How can we do that?”) The article on Encore Entrepreneurs, the group of entrepreneurs over 50, encourages retirees to start their own business. Perhaps I could re-read that article! Nope, not yet!
All this leads up to this, my final article. In closing, as we do at the end of each Business Tips article, please accept this invitation to contact the ASU SBDC for no-cost, individualized and confidential assistance with your technical business needs.
“Business Tips” was written by Peggy Rosser, Certified Senior Rural Business Advisor of Angelo State University’s Small Business Development Center. For more information on the topic of this article or the services of the ASU · SBDC, contact her at Peggy.Rosser@angelo.edu.