Budget Startup Business Ideas For Generation X and Baby Boomers
By
Theodore Henderson
The Wisdom Man
Becoming an entrepreneur and starting a small business can be a daunting task if one is not knowledgeable of the current market trends and newest marketing strategies. As such, starting a business in today’s fast-paced market and the economy is an endeavor that is more to the speed of millennials.
However, the current marketing trends fail to highlight the power of the baby boomer population in shaping the market. Thus, baby boomers can make use of this blind spot as a profitable area to embrace their inner entrepreneur and start a small business.
This article will show various small business options that are practical starting points for baby boomers.
Pet care
Baby boomers have a noticeable intimate attachment to their pets. Most of them see their pets as their furry humans who will eat, sleep and watch movies with them. A pet care service, which specifically caters to baby boomers and their pets is an excellent entrepreneurial starting point.
Senior Care
It is highly likely that an older worker in the workplace has aged parents waiting for them at home. They commonly hire helpers and nurses to take care of their parents, most especially while they are at work. Starting a small business for senior care service is not only highly profitable, but it can also help a community in need of expert, dedicated and loving service.
Consultant
Ripened by experience, older workers in the workplace love to advise their younger colleagues. They naturally make for a knowledgeable advisor who can communicate well and give reasonable explanations regarding the best course of action.
According to consultancy.com UK the following are the top six categories of consultants. Each of them is an excellent entrepreneurial avenue for independent consulting.
Strategy Consultant. …
Management Consultant. …
Operations Consultant. …
Financial Advisory Consultant. …
Human Resource Consultant. …
IT Consultant.
A financial consultant is one of the best jobs for older workers because they have distinguished wisdom on financial matters compared to the younger generations. Also, many retired workers and baby boomers need this financial advice making an excellent entrepreneur or small business opportunity and a way to be of service to the market.
Click The Blue Button For
“10 Steps to Create a
Profitable Consultant Business”
Personal Training
To notice that age is catching up is a painful and haunting realization for a baby boomer. Whether for health or physique maintenance, baby boomers join fitness programs that can halt the advances of time in their bodies. Catering to this ultimate need for specialized fitness programs can be a hit for the exercising portion of the baby boomer community.
Fundraising
Baby boomers love the feeling of involvement by extending their help to those in need. Frequently, they participate in donation drives for those disaster-stricken families due to typhoons. However, they only have limited avenues in giving their help, so a fundraising business can help them promote their advocacies.
Wellness Center
During holidays or at the end of a months worth of heavy office load, older workers in the workplace head for spas and massage stations for relaxation. Most clients who appreciate and spend on the wellness industry are the baby boomers. As such, starting a small business on wellness for locally-employed older workers is a good starting point for baby boomers becoming entrepreneurs.
Life Coaching
Baby boomers rely on experts before making life or professional decisions. Unlike their younger counterparts who are often surging with self-confidence, older people in the workplace tread lightly to avoid career pitfalls that can compromise their life plans. Starting a small business for these matters does not require high capital and can be profitable given the consumer trust, garnered through the quality of service.
Click The Blue Button For
“10 Steps to Create a
Profitable Consultant Business”
About The Author
Theodore Henderson works with business owners, entrepreneurs, and corporate professionals. He is an Amazon best-selling author, a Certified Career Coach, a Certified Leadership Coach, and a Certified Social Media Security Professional Powered by CompTIA. In addition he is the author of the business program “Launching Your Great Business Idea,” as well as the author of the following books; “The Wisdom Compass: Your 31-Day Journey to Wisdom-Filled Living
”, “9 Simple Strategies to Becoming a Strong Leader
” and the Security eBook “30 Smart Ways to Protect Yourself from Cyber Criminals
” aimed at owners of Smartphones, Mobile Devices, and also those who have significant online activities including Social Media, financial services, etc. He is available for keynotes, seminars, and workshops. He may be reached through www.TheodoreHenderson.com.