Article may contain sponsored links
Share
Redefiners

Fiona Hudson-Kelly: Starting A Company At 50

Fiona Hudson-Kelly tells about her career as a tech entrepreneur and investor – and what it’s like to start a company when you’re 50.

Mandy Garner
Mandy Garner
Mandy Garner is a freelance journalist and editor. She was the former managing editor of WM People and is a communications officer at the University of Cambridge. She has experience working in a range of roles, including senior broadcast journalist at the BBC, former features editor of Times Higher Education and researcher for the writers organisation International PEN.

Life/Redefined shines a spotlight on inspirational Redefiners who prove that, as you enter your 50s and beyond, anything is possible.

When she was approaching 50, Fiona Hudson-Kelly was earning good money at a tech company that she had founded. Her four children were teenagers or adults. She had emerged from the intense years when her children were young and work could be turbulent – but she found that she still wanted new challenges.

“For quite a long period of time, you’re striving for that ultimate goal of working less and having more time when you’re not working,” she says. “I think so many people who are getting on a little bit in life have this vision [but] when they actually fulfil that vision, it can feel quite empty.”

Hudson-Kelly, now aged 61, thus decided to launch a new company and later became an angel investor – someone who invests in other entrepreneurs’ start-ups. She has started and run three successful businesses, and she has also written a book on how to scale and sell your own company.

Hudson-Kelly grew up in the Midlands, which was for many decades a global manufacturing hub for cars and aircraft. She joined Rolls Royce as a commercial trainee after finishing school, and retrained as a college lecturer after she had her first two children. She didn’t know anyone who had started their own business – but she was about to take a leap.

Starting Out As An Entrepreneur

It was the late 1980s and computers were starting to become more commonplace in offices. Hudson-Kelly started a business offering computer training courses to companies. She didn’t know any entrepreneurs and there were no online resources – she mostly relied on gut instinct when making decisions. “There was no Dragon’s Den, no equity finance, no investment finance. There was no talk of it, there were no magazines for it,” she says.

Hudson-Kelly’s business was highly successful, opening offices around the country and winning awards. But when the car company Rover Group went under in 2005, the company lost its biggest client and went into administration. Hudson-Kelly had to sell her house and move into rented accommodation. Her marriage had ended and she was the main provider for her four children. She had to start a new business – fast.

“It was just horrible,” she says. “[But I learnt the importance of] having a really positive outlook and a sense of urgency…You just had to get on and get things done, because we needed to earn money very quickly.”

In 2006, she started a new software company, building on lessons from her first business. She used investors’ money to fund the start-up, not her own. The company was successful – but having investors meant that they were often “calling the shots” and she found this set-up less interesting.

Once you’ve got the kids through school, through university, and out the other end, you’ve [still] got so much ambition left.

Turning 50 – And Still Firing On All Cylinders

Hudson-Kelly thus decided to launch her third company at the age of 50. Her new business was a platform that allowed apprenticeship providers and apprentices to complete their paperwork digitally. She enjoyed the experience of starting something new at this stage in her career.

“It was like everything that I’d done previously, all of the learning and experiences, just seemed to click into place,” she says. “I knew how to establish a culture within the business, how to headhunt the right type of people…how to market the business…how to sell the business.”

She also found that she had as much drive as ever – maybe even more. “Once you’ve got the kids through school, through university, and out the other end, you’ve [still] got so much ambition left. And you can really put the spotlight on yourself, without feeling selfish.”

Hudson-Kelly would love to see more diversity amongst tech entrepreneurs: more female founders, more founders who are older. She says having co-founders from different age brackets could work well, by combining younger entrepreneurs’ zeal for jumping on opportunities with older entrepreneurs’ maturity and connections.

Are you Looking To Change Career, Return to Work After a Break or Unretire?

Jobs/Redefined features vacancies advertised by age-friendly employers who are actively seeking experienced workers across all industries including hospitality, banking, finance, insurance, retail, engineering and more. There are no recruitment agencies, no fake jobs, no age-bias. You can apply knowing that your age will not be a barrier – in fact, as Darren’s story shows us, using your transferable skills can open a whole new world.

You can search by job type, region, part-time, full-time, contract, or temporary. Thousands of roles are on offer at age-friendly organisations.

Share Your Story

We are big believers that you should be able to design a life you love and not stick to a linear path, especially when it comes to your career choices. In fact, we'd go as far to say that the concept of retirement in its current form needs to be retired. Yes, that's right, there's no rulebook here!