BEST BUSINESSES FOR BABY BOOMERS AND TOP OF THE GEN X

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For the Love of Money!

How to make money as a mature person… already belonging the job seekers, the career makers, and the family advancement team, there comes a time in life when it all slows down. With that slow down comes new choices,  whether out of new paths or less money or relationship  changes, there is a slow-down phase.

Prepare yourself if you have not yet come to that phase, and set up for it.  One day your pension will kick in, but you will still need something to do, something productive to do.  Productive meaning, money.

So what are you going to do in this phase to make money as a new entrepreneur?

The first thing you will need to do is know the industries that are burgeoning, then find the industries that are projected to rise.  You must do your homework to back it with success and passion.

We’ve done a bit of homework for you.

As new entreprueners, or at least new in this stage and phase of your life, you must realize that you need to know your customer and your industry.  When you find the industry that interests you, you will then have to identify your customer and go after them.

Keep in mind there are two ways to open your business: online or retail.  Online, you are incomplete control, retail, you have to deal with orders, returns, late payments, but retail can offer volume if you have a product.

HOUSING
The connected home design; connected home construction.
Running Retirement Housing/Boarding Houses – it’s like home, but there is an on-site nurse.

HEALTHCARE
Open an agency for day-helper – bill pay, house cleaner, light errands.

ENTERTAINMENT
Restaurant
Entertainment venues are the first to lose money during a financial crisis because discretionary funding lessens. Lesson, be aware of the economy and your customer base.

EDUCATIONAL SERVICES
Addendum enhancement studies for bettering and furthering schools studies.

DIET AND NUTRITION / SUPPLEMENTS
Specific diet and nutrition services for specific ailments.

FITNESS
Gyms, but the new-gym, not the ol’ school Gold’s Gym, but that good and necessary in some areas, too. If you open your gym be sure it’s far enough away from the other s and have your employees sign a non-compete within a certain mile radius.

The most important aspect of business is that you are passionate about it.  You will have to work your business, but if it is a real dream and passion, it will never feel like work.