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How to Figure Out If Your Big Idea Is a Viable Business

How to Figure Out If Your Big Idea Is a Viable Business | baby boomer entrepreneurs | Scoop.it
Nearly half of would-be entrepreneurs haven’t gotten their business past the idea phase because they’re not sure where to begin.
Angela Heath's insight:
This is a really good article.  Gone are the days of building a mouse trap and then selling it.  Ask your customers and you may find that mice are no longer a problem.  Maybe woodpeckers are. :-) Ask your customers and let they tell you the benefits they will pay for. This why I push Baby Boomers to go for it.  It's not the expensive to get started making extra money.
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Angela Heath's curator insight, March 2, 3:41 PM
This is a really good article.  Gone are the days of building a mouse trap and then selling it.  Ask your customers and you may find that mice are no longer a problem.  Maybe woodpeckers are. :-) Ask your customers and let they tell you the benefits they will pay for. This why I push Baby Boomers to go for it.  It's not the expensive to get started making extra money.
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Encore Entrepreneurship | The U.S. Small Business Administration | SBA.gov

Encore Entrepreneurship | The U.S. Small Business Administration | SBA.gov | baby boomer entrepreneurs | Scoop.it
A growing number of workers age 50-plus are turning interests, hobbies or skills into a small business.  Whether you are interested in starting a small business right away or are intending to wait until after retirement, now is the time to explore...
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Eight great technological advances for the baby boomer generation | Fifty Plus Advocates

Eight great technological advances for the baby boomer generation | Fifty Plus Advocates | baby boomer entrepreneurs | Scoop.it
Not only can technology make your life easier and more fun but it also may allow you – or your loved one – to retain an independent, healthy lifestyle. Here ...
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Rice company in China to produce locally sourced, organic vodka

Rice company in China to produce locally sourced, organic vodka | baby boomer entrepreneurs | Scoop.it
The cousins, who are the third generation to run Beaumont's Doguet's Rice Milling Company, are going to turn some of the organic rice they've been growing for years into a treat for adults - vodka - and an organic, locally sourced one at that. The cousins came up with the idea last year while sitting in Doguet's back yard having some drinks and brainstorming business ideas to further their decades-old brand. Devillier is the son of the company's current owner and president, Debbie Doguet Robbins, and Doguet is the son of Robbins' brother and former owner, Mike Doguet, who still runs the daily operations as general manager. The cousins are still working on their label, but they want to incorporate their company's traditional logo displaying "Doguet's" over the state of Texas.
Angela Heath's insight:

Another great unusual business idea. Anyone interested in drinking I MEAN making adult beverages? LOL

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How Incubator Thinking Can Help Your Established Business

How Incubator Thinking Can Help Your Established Business | baby boomer entrepreneurs | Scoop.it
Growing a business can be challenging but over time, entrepreneurs stop focusing on growth. The end goal is to have a business that has a steady inflow of income, after all, and once a business ach...
Angela Heath's insight:

Finding time to think is very important for business people.  Finding time to imagine is the key to creativity and growth.  Here are some helpful tips.

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Nursing homes are $5.4B business in N.J., report finds | NJBIZ

Nursing homes are $5.4B business in N.J., report finds | NJBIZ | baby boomer entrepreneurs | Scoop.it
A new report highlighting the economic impact of nursing homes in New Jersey was released by the New Jersey Hospital Association this week.
Angela Heath's insight:

The growth of the nursing home industry is enormous given the aging of the Baby Boomers. This represents business opportunities for those interested in housing and healthcare.  And, don't forget, contractors will be needed to supplement the industry.

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Entrepreneurs of the Week: Leyla Lahsini and Shirin Benamadi, KenziBox

Entrepreneurs of the Week: Leyla Lahsini and Shirin Benamadi, KenziBox | baby boomer entrepreneurs | Scoop.it
Our Entrepreneurs of the Week Leyla Lahsini and Shirin Benamadi of Kenzibox have found a way to get children away from the television and the internet Our Entrepreneurs of the Week Leyla Lahsini and Shirin Benamadi of Kenzibox have found a way to get children away from the television and the internet2
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AARP Report Finds Caregiving Market Will Grow 13% To Become $279 Billion Disruptive Opportunity 2016-2020

"This market is ripe for disruption," said Jody Holtzman, senior vice president, Enterprise Strategy and Innovation, AARP.
Angela Heath's insight:

Great article.  There are tons of opportunities in aging because the baby boomers but you need to know how to connect to the caregiver market. Check out http://tinyurl.com/jpq4pyh

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The 43 Hottest Startups in NYC

The 43 Hottest Startups in NYC | baby boomer entrepreneurs | Scoop.it
Creating a great startup in New York is a monumental task. There are
hundreds of startups in NYC that would dominate most other markets.
Angela Heath's insight:

Business in New York is tough and gentle at the same time.  Tough because real estate is expensive like everything thing else there. Lots of hustle going on.  However, New Yorkers embrace the new and the different making it a gentle market that welcome novel ideas.  Check it out...

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Business and Boomer-nomics: Marketing to Younger Generations

Business and Boomer-nomics: Marketing to Younger Generations | baby boomer entrepreneurs | Scoop.it
Many costs of living the Boomers may take for granted are too expensive for Gen Xers and Gen Yers, even adjusted for inflation.
Angela Heath's insight:

Good article especially if you are marketing cars or homes.  It gives you insight into the wants of boomers vs younger generations.  Frequently, they desire different things.

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Are online buyers crushing local businesses, governments? - The Verde Independent

Are online buyers crushing local businesses, governments? - The Verde Independent | baby boomer entrepreneurs | Scoop.it
News, Information and Real Estate in Yavapai County including Verde Valley, Cottonwood, Camp Verde, Clarkdale, Jerome, Sedona, Arizona, AZ
Angela Heath's insight:

If you don't have an online business presence, you are missing out on tremendous opportunity.  This is especially true if your market is a young adult demographic.

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What's Next Boomer Business Summit Announces Programming Details, Keynote Speakers, And More For 2016 Event

SAN FRANCISCO, Jan. 26, 2016 /PRNewswire/ -- What's Next Boomer Business Summit Announces Programming Details, Keynote Speakers, And More For 2016 Event....
Angela Heath's insight:

Great meeting if you sale to baby boomers.

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Podcasts Speak To Boomers

Podcasts Speak To Boomers | baby boomer entrepreneurs | Scoop.it
Podcasts Speak To Boomers - 01/20/2016
Angela Heath's insight:

If you sell to Boomers, why not try podcasts?  They work...

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Patients, Growers and Caregivers – What HB 3400 means to you – Compassion Center

Patients, Growers and Caregivers – What HB 3400 means to you – Compassion Center | baby boomer entrepreneurs | Scoop.it
A synopsis of changes made to the Oregon Medical Marijuana Program including effective dates, plant & possession limits, residency requirements and timeline. by Cheryl K.
Angela Heath's insight:
Starting today, caregivers can register to grow marihuana for a sick loved one.
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Angela Heath's curator insight, March 1, 8:25 AM
Starting today, caregivers can register to grow marihuana for a sick loved one.
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10 Ways Crowdsourcing Can Help Your Business Grow

10 Ways Crowdsourcing Can Help Your Business Grow | baby boomer entrepreneurs | Scoop.it
Running a business isn’t an easy task. From conceptualizing logo design that shares your passion to creating content that shares your expertise regularly, there is an endless list of things tha…
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Service issues spur successful golf businesses - By Fritz Schranck

Service issues spur successful golf businesses - By Fritz Schranck | baby boomer entrepreneurs | Scoop.it
At the 2016 PGA Merchandise Show in Orlando, Fla., last month, I had several opportunities to see how service issues can inspire new and successful business opportunities.
Here are two examples, ...
Angela Heath's insight:

What are you frustrated about?  Maybe a great business idea.  Here are two simple companies that were born out of frustration.

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4 Steps to Come up With a Really Good Business Idea

4 Steps to Come up With a Really Good Business Idea | baby boomer entrepreneurs | Scoop.it
Avery Roth, founder and CEO of The Startup Consulting Group, explains.
Angela Heath's insight:

Pretty sweet reminder of things to consider if you are interested in starting a business. Remember to check out innovation centers in your community.

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24 Affordable Small Business Marketing Ideas

24 Affordable Small Business Marketing Ideas | baby boomer entrepreneurs | Scoop.it
Your cash flow has reached an all time low. Most likely, the majority of your business’s budget was spent developing your idea and hiring people to bring it to execution. Now, you have to find a wa…
Angela Heath's insight:

Not sure how I missed this.  Great  article. Inexpensive ideas, some free, to market your business. Check it out.

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How Tech Startup Hometeam is Transforming the In-Home Care Industry

How Tech Startup Hometeam is Transforming the In-Home Care Industry | baby boomer entrepreneurs | Scoop.it
Learn how Hometeam is using modern technology to create a meaningful solution to the growing need for modern in-home care for older adults.
Angela Heath's insight:

Here is another way technology is being used in homecare.  It provides a solution for better matching of home attendants and better communication with the family caregivers.

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Spotlight: Healthcare

Spotlight: Healthcare | baby boomer entrepreneurs | Scoop.it
Workers wanting for job security need look no further than the healthcare industry.
Angela Heath's insight:

Whether you are looking for a job or interested in starting a business, the healthcare industry offers many possibilities.  Why -- because the baby boomer generation is aging and will need more care.  Opportunities call for skilled and unskilled labor.

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AARP Report Finds Caregiving Market Will Grow 13% To Become $279 Billion Disruptive Opportunity 2016-2020

"This market is ripe for disruption," said Jody Holtzman, senior vice president, Enterprise Strategy and Innovation, AARP.

Angela Heath's insight:

The caregiving market is booming. However, you need to know how to connect with the caregiving market.  Learn more http://tinyurl.com/jpq4pyh

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How Killer Business Ideas Are Born

How Killer Business Ideas Are Born | baby boomer entrepreneurs | Scoop.it
Many people become entrepreneurs because they have a brilliant idea that they want to bring to market. But what if you feel a passionate drive to be an entrepreneur, but don’t yet know how to g…
Angela Heath's insight:

This quick read reminds us of some things we already know but the refresher might be useful and spark some new ideas.

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When It Comes to Hiring, Experience Trumps Youth

When It Comes to Hiring, Experience Trumps Youth | baby boomer entrepreneurs | Scoop.it
It’s not a disadvantage to be over a certain age in the real estate and construction job market, says BUILDER blogger Angie Truitt, but older workers need to be tech-savvy.
Angela Heath's insight:

Experience is very important in the building industry and expert experience often comes with age.  So if you are a mature worker, know that you are in demand especially if you can use the basic technology for your industry.  Check out other good tips...

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Daymond John reveals what he learned from losing $750,000 on the first season of 'Shark Tank'

Daymond John reveals what he learned from losing $750,000 on the first season of 'Shark Tank' | baby boomer entrepreneurs | Scoop.it
In retrospect, the experience taught him the following lessons that have allowed him to become a savvier investor and corporate adviser, whose small businesses now make millions of dollars in annual profit.
Angela Heath's insight:

Interesting insight about one of my favorite shows.

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Forbes Welcome

Forbes Welcome page -- Forbes is a global media company, focusing on business, investing, technology, entrepreneurship, leadership, and lifestyle.
Angela Heath's insight:

I don't agree with everything in this article but I think its a good reality check for people interested in business on the web.

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