Welcome to another episode of "Charged Up Studio," where small business leaders get the tips and techniques needed to elevate their businesses. Today, we explore the surge of baby boomers venturing into entrepreneurship for financial security and post-retirement engagement. Our guest, Richard Parker, CEO of DIOMO, shares insights from his transition from corporate executive to successful side hustle entrepreneur. Richard Parker is an esteemed investment banking executive with over 30 years of experience and a track record of facilitating over 1000 transactions. As the founder of Roy Street Advisors, he has established himself as a leading authority in the M&A arena for the lower-middle market. Before launching Roy Street Advisors, Richard held the position of Managing Director at P-Squared, a private equity firm backed by the Dalio Family Office. Additionally, he is the author of the acclaimed 'How To Buy A Good Business At A Great Price'© series, a course utilized successfully by business buyers in more than 80 countries. Richard's commitment to excellence and his adeptness at cultivating strong relationships with key stakeholders underscore his reputation as a trusted figure in the industry. Here’s what you can expect to learn: Pivotal Moments: Richard shares pivotal moments that led him to start his side hustle. Transition Experience: He walks us through his transition journey, highlighting challenges and steps taken. Financial Preparation: Richard discusses handling finances during the transition and offers advice. Advice for Baby Boomers: Tips for those considering the shift to side hustles. Lessons Learned: Insights on embracing change, passion, continuous learning, mentorship, and resilience. Practical Tips: Richard offers practical strategies for career preparation. Influential Resources: Recommendations for books and resources. Advice for Aspiring Entrepreneurs: Final words of wisdom for those venturing into entrepreneurship. To learn more about Richard visit his website at roystreet.com. Don't forget to leave a review on our podcast platforms or our Facebook page. "Charged Up Studio" is brought to you by MarketAtomy and MarketAtomy Academy, offering eLearning courses for micro-business owners. Visit MarketAtomy.Academy for more information. For inquiries or to connect with Richard, reach out [contact information]. linkedin.com/in/richardparkerdiomo  roystreet.com/  rp@roystreet.com Learn more about your ad choices. Visit megaphone.fm/adchoices