The Koerner Office - Business Ideas and Small Business Deep Dives with Entrepreneurs

How to Cash In on the $16 Billion Genealogy Boom with AI Tools. HoldCo Bros discuss! Ep. #101

18 snips
Dec 6, 2024
Explore the booming genealogy services market and its profitable potential amid an aging population. Discover innovative technologies that capture and preserve family stories, including AI and wearable devices. Learn about maximizing revenue in assisted living by offering additional services. The emotional power of storytelling is highlighted as a unique business opportunity. Additionally, find strategies for monetizing newsletters while balancing personal passion with entrepreneurship.
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INSIGHT

Silver Tsunami Opportunity

  • The over-65 population will double by 2050, with Alzheimer's and dementia cases also doubling.
  • This "Silver Tsunami" creates a growing demand for genealogical services to preserve family stories.
ANECDOTE

Dad's Brazil Story

  • Chris shares his father's captivating story of being "captured by Indians" in Brazil as a child.
  • This highlights the importance of preserving such unique family stories before they are lost.
ADVICE

Capturing Family Stories

  • Capture family stories digitally through video interviews and AI-powered transcription of journals.
  • Create valuable products like chatbots, podcasts, or books from these digitized stories.
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