Over the past number of years, many of the new entrepreneurs that rent office space Toronto have been women who wanted to take on the role of business owners. For many it was a choice of necessity when their job prospects started to become rare because of a slowing economy. While many women entrepreneurs are much more likely to choose small businesses in the service and retail industries, women entrepreneurs are also getting into the software and financial service sectors.
When most people think of business start-ups, they think of young ambitious men and women. But the new players in start-ups seem to be people in their late fifty’s and early sixty’s. Yes, seniors have surged to the forefront of the entrepreneurial stage and many of those are women. This growing trend of businesses being started and run by older entrepreneurs has led to the creation of new terms such as ‘seniorpreneur’ and ‘greypreneur.’ Many of these business owners are not looking to turn their homes into their offices, so they are looking to office business centres as the place to have their Toronto office space for rent or Toronto virtual office.
The terms entrepreneur and start-up have traditionally been associated with risk and starting off with nothing, but the new breed of entrepreneurs are the retiring “baby boomers” who have spent a lifetime building their wealth and are not taking on too much risk. There experience, credentials and willingness to continue working into their retirement is what helps them to gain the trust of customers and the confidence of money lenders. Their own credibility along with a prestigious business address, even just for a Toronto mail service, often have customers believing they have had their business much longer than they actually have.
Another reason for the trend to older entrepreneurs is not always financial necessity, but is driven by the need to stay busy and continue making money while they do something they love. This also gives this group a slight edge over younger entrepreneurs because they are also the target market for many products and services sought after by other seniors.
We will be looking into this trend more and creating more blogs about this topic in the future.
1. Jennifer Smith
General Manager
The Omni King Edward Hotel
37 King Street East
Toronto, ON
M5C 1E9
Tel: 416-863-9700
Website: www.omnihotels.com/hotels/toronto-king-edward
2. Mark Perry
General Manager
Executive Hotels and Resorts (Boutique)
8 Colborne Street
Toronto, ON
M5E 1E1
Tel: 416-350-2419
Website: www.spazen.ca or www.cosmotoronto.com
3. Emeline Boul
General Manager
Hotel Victoria (Boutique)
56 Yonge Street
Toronto, ON
M5E 1G5
Tel: 416-363-1666
Mobile: 647-574-5832
Website: www.hotelvictoriatoronto.com
4. Omkar Sawant
Reservations Manager
One King West Hotel
1 King Street West
Toronto, ON
M5H 1A1
Main: 416-548-8100
Reservations: 1-866-470-5464
Website: www.onekingwest.com
5. Van Nguyen
General Manager
Cambridge Suites Toronto
15 Richmond Street East
Toronto, ON
M5C 1N2
Direct: 416-601-3757
Hotel: 416-368-1990
Website: www.cambridgesuitestoronto.com
1. Michael Pagliaro
Carisma (Italian)
15 Toronto Street
Toronto, ON
M5C 2E3
Tel: 416-864-7373
Website: www.carismarestaurant.com
2. Patti Shaw
Terroni (Italian)
57 Adelaide Street East
Toronto, ON
M5C 1K6
Tel: 416-203-3093
Website: www.terroni.com
3. Declan
Restaurant 20 Victoria – Michelin guide approved
20 Victoria Street
Toronto, ON
M5C 2A1
Tel: 416-804-6066
Instagram for reservations: https://www.instagram.com/twentyvictoria/
4. Mana
Nami (Japanese)
55 Adelaide Street East
Toronto, ON
M5C 1K6
Tel: 416-362-7373
Website: www.namirestaurant.ca
5. Restaurant Lucie
100 Yonge Street
Toronto, ON
M5C 2W1
Tel: 416-788-9054
Website: www.restaurantlucie.com
6. Niam H
Cantina Mercatto
20 Wellington Street East
Toronto, ON
M5E 1C5
Tel: 416-304-0781
Website: www.cantinamercatto.ca
7. Siva Sathasivam
Uncle Tony’s
38 Wellington St E
Toronto, ON
M5E 1C7
Tel: 416-455-6650
Website: https://uncletonys.ca/
8. Pizzaiolo
104 Yonge Street
Toronto, ON
M5C 2Y6
Tel: 416-860-0700
Website: www.pizzaiolo.ca
9. Robin Singh
Woods Restaurant and Bar
45 Colborne Street
Toronto, ON
M5E 1E3
Tel: 416-214-9918
Website: www.woodsrestaurant.ca
1. Thom Tullo
Morpheus8 by Inmode
47 Colborne Street
Toronto, ON
M5E 1E3
Tel: 416-863-6564
Website: www.amanspa.ca
2. Altitude Athletic Training
56 Colborne Street
Toronto, ON
M5E 1E3
Tel: 416-366-3838
Website: www.altitudeathletictraining.com
3. Physioheath Studios
33 Victoria Street, #130
Toronto, ON
M5C 2A1
Tel: 416-368-2525
Website: www.physiohealth.com
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