This got me thinking here are two pretty well complementary problems: there are too many young people who haven't got jobs, and too many old people who have problems they can't solve. With, for example, their computers; with their piles of junk; with their ceiling light bulbs , jammed doors, incomprehensible forms and TV sets that have refused to go digital.
As I looked further into this market it quickly became apparent there really is a need here. With the elder demographic constantly expanding,and being wealthier, the elder care market seems to be a niche I haven't seen discussed on here - I guess this is because its not internet/app related! There are loads of care homes and carers already but for those who want to retain their independence and just want help with technology,lawn care,shopping etc on an occasional basis around the house there isn't as much market saturation here.
There is an interesting article on entrepreneur.com about the senior care market and the ways you could approach it.
The business concept which interested me the most out of the ones listed is the concierge service. You could start it locally build it up with peoples trust (major factor for success) and create something of real value. Sure you won't make much in the first couple of years perhaps but once the successful system is in place franchise it around the country and collect the £££/$$$!
An aging population this isn't an issue which is going away in fact its the largest growing demographic of all in the western world. In the UK there doesn't seem to be a national elder concierge service leader not sure if this is the case in the US? Aside from the concierge service you could also build up a trusted business directory of companies who don't take advantage of seniors and monetize it using a BBB type model once your brand has value.
Obviously you would have to do due diligence on people you employ but I'm sure there are plenty of young unemployed who could be interested in being either employed or contracted in on a freelance/casual basis to carry out tasks. This would leave you to get on with the logistical side of the business.
Just some thoughts but the more I think about the idea it's growing on me for possible execution :fastlane:
Would be interested to hear other peoples thoughts on this
As I looked further into this market it quickly became apparent there really is a need here. With the elder demographic constantly expanding,and being wealthier, the elder care market seems to be a niche I haven't seen discussed on here - I guess this is because its not internet/app related! There are loads of care homes and carers already but for those who want to retain their independence and just want help with technology,lawn care,shopping etc on an occasional basis around the house there isn't as much market saturation here.
There is an interesting article on entrepreneur.com about the senior care market and the ways you could approach it.
The business concept which interested me the most out of the ones listed is the concierge service. You could start it locally build it up with peoples trust (major factor for success) and create something of real value. Sure you won't make much in the first couple of years perhaps but once the successful system is in place franchise it around the country and collect the £££/$$$!
An aging population this isn't an issue which is going away in fact its the largest growing demographic of all in the western world. In the UK there doesn't seem to be a national elder concierge service leader not sure if this is the case in the US? Aside from the concierge service you could also build up a trusted business directory of companies who don't take advantage of seniors and monetize it using a BBB type model once your brand has value.
Obviously you would have to do due diligence on people you employ but I'm sure there are plenty of young unemployed who could be interested in being either employed or contracted in on a freelance/casual basis to carry out tasks. This would leave you to get on with the logistical side of the business.
Just some thoughts but the more I think about the idea it's growing on me for possible execution :fastlane:
Would be interested to hear other peoples thoughts on this
Dislike ads? Become a Fastlane member:
Subscribe today and surround yourself with winners and millionaire mentors, not those broke friends who only want to drink beer and play video games. :-)
Membership Required: Upgrade to Expose Nearly 1,000,000 Posts
Ready to Unleash the Millionaire Entrepreneur in You?
Become a member of the Fastlane Forum, the private community founded by best-selling author and multi-millionaire entrepreneur MJ DeMarco. Since 2007, MJ DeMarco has poured his heart and soul into the Fastlane Forum, helping entrepreneurs reclaim their time, win their financial freedom, and live their best life.
With more than 39,000 posts packed with insights, strategies, and advice, you’re not just a member—you’re stepping into MJ’s inner-circle, a place where you’ll never be left alone.
Become a member and gain immediate access to...
- Active Community: Ever join a community only to find it DEAD? Not at Fastlane! As you can see from our home page, life-changing content is posted dozens of times daily.
- Exclusive Insights: Direct access to MJ DeMarco’s daily contributions and wisdom.
- Powerful Networking Opportunities: Connect with a diverse group of successful entrepreneurs who can offer mentorship, collaboration, and opportunities.
- Proven Strategies: Learn from the best in the business, with actionable advice and strategies that can accelerate your success.
"You are the average of the five people you surround yourself with the most..."
Who are you surrounding yourself with? Surround yourself with millionaire success. Join Fastlane today!
Join Today
dup_taqis:. O uxp epf uqisevi e Juni Desi ehipdz vjev jet 2 modiptif tovit epf tiswit e vuvem ug 15 duapvoit civxiip vji 2. Zit vjisi ot e piif cioph vji cecz cuunis quqamevoup ot qsucecmz vji meshitv tihnipv ug tudoivz pux (fup'v rauvi ni up vjot) cav vjisi esi e muv ug quvipvoem datvunist gus vjot podji cav emtu tuni aporai ottait vjev upi xuamf puv vjopl ug vjev foggis gsun tvevi vu tvevi O en tasi. Osupodemmz O en jiefoph vu vji uggodi op e tid cav xomm kanq cedl up vjot vjsief vu tjesi e cov nusi ug nz iyqisoipdi epf tuni notvelit O jewi xevdjif tuni ug nz ettudoevit neli vjev nez jimq zua uav. O xomm emtu howi zua e duaqmi ug situasdit xjisi zua dep hiv tuni huuf opgu vjev O xotj O xuamf jewi jef xjip O tvesvif op 2010. CVX vjot ot jux O neli nz mowoph epf qez nz commt tu O fu jewi gostv jepf lpuxmifhi. Veml vu zua tuup.
