Career Change At 50 – 7 Online Writing Jobs

Unplug From The Rat Race7 Writing Jobs OnlineMaybe you’re like so many, ready to retire but can’t afford to stop working just yet. Why not focus on changing your career instead and joining the increasing number of retired and semi-retired people who are earning their income or the majority of it online.There are so many awesome and talented seniors that can be productive and contribute from the comforts of their home, even starting businesses and selling products on Amazon, eBay, and taking advantage of many other internet opportunities. Many have been finding the answer to their situations by pulling themselves out from the 9-5 rat race, and the daily traffic grind, to set up at home with all of the conveniences and comforts. These wise ones are looking for an alternative way to earn a living without the rigors of daily grooming, the workplace settings, health concerns, car repairs and more. Well, rest assured that there are many online opportunities that are waiting just for you.Below is a list of 7 opportunities for those that enjoy writing:1. Content WritingThere are so many website businesses on the internet and in order for them to get and maintain their search engine rankings, they need to post quality articles, short and long, on a daily or weekly regular basis. Many of these site owners hire writers that can deliver quality articles relevant to their businesses, and there are millions of these site owners. Do you know about search engine optimization to target specific viewers?

You can attract lots of traffic to your site but if they’re looking for Bald Eagles or The Eagles band and your website is on the Philadelphia Eagles, you won’t be getting the desired results. Many will come to see what the site is about and then immediately click away to find what they’re really looking for. There is a way that you can modify your web pages and posts to fit a certain like-minded group of individuals so that a percentage of the approximate 2+ billion internet users land on the right site that has the answers to their search entry.2. TextBrokerThe textbroker author produces unique quality content that captures the reader’s attention and increases your search engine ranking. has many writing assignments and you can choose something that you can research and write about. They will also hire someone without prior experience and your article quality will determine your pay rate. They have a lot of writing jobs to choose from so it’s possible for you to work as much or as little as desired.3. ContentJack.comOffers bulk content service to several Web, Media, SEO, and Social Media, they offer unique quality content, customized to their client’s keywords or topics chosen. They hire writers to produce short informative articles for their client’s websites. There is always a quick research required in order to write the articles and the topics can vary within their niche.4. offers high-quality white label blog content for marketing agencies and businesses within the US and in 15 other nations globally. They hire freelance writers to produce quality original content for their customer’s websites. Their clients are usually blog owners or web businesses that need to produce content weekly or even daily and simply don’t have the time to produce it themselves. Your pay will depend on how many produced and accepted posts that you can write, and good writing will always earn you more money. Blogmutt pays out every week via PayPal and there is no minimum payout requirement.5. UpworkA great place to find new clients and to run and grow your own freelance business. You can run your own business and choose your own clients and projects. Fill out a profile and Upwork will highlight ideal jobs for you. You can also research projects and respond to client invitations. With you have the freedom and flexibility to control when, where and how you work. Each project includes its own workspace which is shared by you and your client. This enables you to send and receive files, share feedback in real-time( text, chat or video ), and you can also use their mobile app. This is also great for someone making a career change at 50.There are many others, however, choose wisely and compare your options and get the most that you can for your skills, time, and effort. There is also a number of editing jobs online if that’s what you prefer to do. Making a career change at 50 is so much easier with all of the available online opportunities.6. EditfastA Canadian based online editing service mainly meant for professional editors, proof-readers, writers and more. Editfast caters to the requirement for all of your painting needs. They hire writers and editors for a variety of jobs and among these are plenty of editing jobs available. When new projects are received from their clients they entrust the job to the most qualified editor, taking in full view the needs of the client and the requirements of the document. Editfast pays out via Paypal on the last day of each month.

7. ContenaA complete system for launching your own freelance writing business. They’ll show you what works and what doesn’t from day one with Contena Academy. They’ll give you all the tools that you need to find the best writing gigs. They don’t hire writers or editors but they find the jobs for you when you join the site. You can find jobs for writers, editors, and proof-readers of all skill levels. The pay will depend on the client you work for and the services that were ordered.These are only a few of the online writing opportunities and there are many more that you can take part of. Every day growing numbers of people are choosing a career change at 50 and any age. Actually, there are enough people in their 50′s choosing to work online that websites like the American Association of Retired Persons have work from home positions and articles listed on their website. Just because you need to earn an income does not mean that you have to get caught up in the rat race anymore, or even have to leave your home.

Alternative Financing Vs. Venture Capital: Which Option Is Best for Boosting Working Capital?

There are several potential financing options available to cash-strapped businesses that need a healthy dose of working capital. A bank loan or line of credit is often the first option that owners think of – and for businesses that qualify, this may be the best option.

In today’s uncertain business, economic and regulatory environment, qualifying for a bank loan can be difficult – especially for start-up companies and those that have experienced any type of financial difficulty. Sometimes, owners of businesses that don’t qualify for a bank loan decide that seeking venture capital or bringing on equity investors are other viable options.

But are they really? While there are some potential benefits to bringing venture capital and so-called “angel” investors into your business, there are drawbacks as well. Unfortunately, owners sometimes don’t think about these drawbacks until the ink has dried on a contract with a venture capitalist or angel investor – and it’s too late to back out of the deal.

Different Types of Financing

One problem with bringing in equity investors to help provide a working capital boost is that working capital and equity are really two different types of financing.

Working capital – or the money that is used to pay business expenses incurred during the time lag until cash from sales (or accounts receivable) is collected – is short-term in nature, so it should be financed via a short-term financing tool. Equity, however, should generally be used to finance rapid growth, business expansion, acquisitions or the purchase of long-term assets, which are defined as assets that are repaid over more than one 12-month business cycle.

But the biggest drawback to bringing equity investors into your business is a potential loss of control. When you sell equity (or shares) in your business to venture capitalists or angels, you are giving up a percentage of ownership in your business, and you may be doing so at an inopportune time. With this dilution of ownership most often comes a loss of control over some or all of the most important business decisions that must be made.

Sometimes, owners are enticed to sell equity by the fact that there is little (if any) out-of-pocket expense. Unlike debt financing, you don’t usually pay interest with equity financing. The equity investor gains its return via the ownership stake gained in your business. But the long-term “cost” of selling equity is always much higher than the short-term cost of debt, in terms of both actual cash cost as well as soft costs like the loss of control and stewardship of your company and the potential future value of the ownership shares that are sold.

Alternative Financing Solutions

But what if your business needs working capital and you don’t qualify for a bank loan or line of credit? Alternative financing solutions are often appropriate for injecting working capital into businesses in this situation. Three of the most common types of alternative financing used by such businesses are:

1. Full-Service Factoring - Businesses sell outstanding accounts receivable on an ongoing basis to a commercial finance (or factoring) company at a discount. The factoring company then manages the receivable until it is paid. Factoring is a well-established and accepted method of temporary alternative finance that is especially well-suited for rapidly growing companies and those with customer concentrations.

2. Accounts Receivable (A/R) Financing - A/R financing is an ideal solution for companies that are not yet bankable but have a stable financial condition and a more diverse customer base. Here, the business provides details on all accounts receivable and pledges those assets as collateral. The proceeds of those receivables are sent to a lockbox while the finance company calculates a borrowing base to determine the amount the company can borrow. When the borrower needs money, it makes an advance request and the finance company advances money using a percentage of the accounts receivable.

3. Asset-Based Lending (ABL) - This is a credit facility secured by all of a company’s assets, which may include A/R, equipment and inventory. Unlike with factoring, the business continues to manage and collect its own receivables and submits collateral reports on an ongoing basis to the finance company, which will review and periodically audit the reports.

In addition to providing working capital and enabling owners to maintain business control, alternative financing may provide other benefits as well:

  • It’s easy to determine the exact cost of financing and obtain an increase.
  • Professional collateral management can be included depending on the facility type and the lender.
  • Real-time, online interactive reporting is often available.
  • It may provide the business with access to more capital.
  • It’s flexible – financing ebbs and flows with the business’ needs.

It’s important to note that there are some circumstances in which equity is a viable and attractive financing solution. This is especially true in cases of business expansion and acquisition and new product launches – these are capital needs that are not generally well suited to debt financing. However, equity is not usually the appropriate financing solution to solve a working capital problem or help plug a cash-flow gap.

A Precious Commodity

Remember that business equity is a precious commodity that should only be considered under the right circumstances and at the right time. When equity financing is sought, ideally this should be done at a time when the company has good growth prospects and a significant cash need for this growth. Ideally, majority ownership (and thus, absolute control) should remain with the company founder(s).

Alternative financing solutions like factoring, A/R financing and ABL can provide the working capital boost many cash-strapped businesses that don’t qualify for bank financing need – without diluting ownership and possibly giving up business control at an inopportune time for the owner. If and when these companies become bankable later, it’s often an easy transition to a traditional bank line of credit. Your banker may be able to refer you to a commercial finance company that can offer the right type of alternative financing solution for your particular situation.

Taking the time to understand all the different financing options available to your business, and the pros and cons of each, is the best way to make sure you choose the best option for your business. The use of alternative financing can help your company grow without diluting your ownership. After all, it’s your business – shouldn’t you keep as much of it as possible?