Executives Find Relief in Self Employment

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At a time when some are saying that the high jobless rate means that there is no work Larry Keim says it's not so for the more adventurous entrepreneurial types. "Executives and managerial professionals are creating opportunities for themselves, because they are good at it," according to Larry Keim. From Novmeber 2007 to May 2009 the self employment rate for older Americans has risen from 15.6 to 17.3 percent. Larry Keim (Harlingen Texas), is an employment industry expert follows the trends of executives who are in career transition.

Executives and managerial professionals are creating opportunities for themselves, because they are good at it

Larry Keim (Harlingen Texas) an employment industry expert follows the trends of executives who are in career transition.

Larry Keim receives feedback from career management organizations, which now shows that executives are increasingly moving to self employment opportunities. "These are smart people who know how to run a business. They are also willing to take a calculated risk, based on the faith of their own ability."

Keim points to several sources. Reporter Scott Shane of the NYT studied self employment rates and finds that self employment for the demographic which would represent senior level (ages 55 - 64) executives has had the second highest increase for the period November 2007 through May 2009. (The highest rate was among seniors 65+.) The self employment rate for older Americans for this period has risen from 15.6 to 17.3 percent.

At a time when some are saying that the high jobless rate means that there is no work Larry Keim says it's not so for the more adventurous entrepreneurial types. "Executives and managerial professionals are creating opportunities for themselves, because they are good at it," according to Keim.

According to Keim, "Some are moving to franchise opportunities, because there is already an established brand, but it can be an expensive move. Others are going into consulting, because they can continue in an industry they already know. Still others are getting creative and opening small businesses that follow a passion, which represents a change from what they were doing."

Larry Keim - Harlingen Texas spends his time providing career related services and advice to career management organizations throughout the U.S and mentors professionals in the career management industry.

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Larry Keim

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