The Startup Ideas Podcast

Why You Should Start a Business For Older Adults

7 snips
May 5, 2022
Join John Zapolski, Founder and CEO of Alive Ventures, as he dives into the thriving market for products aimed at older adults. Discover how his innovative co-design system empowers this demographic in the creation process. The conversation touches on the exciting future of smart wallets, potential startup ideas, and strategies to enhance quality of life for seniors. John's insights emphasize the economic opportunities in redefining services and creating community-driven solutions tailored for older adults.
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INSIGHT

Wallets as Search Engines

  • Wallets are evolving like early search engines, from diverse options to a dominant few.
  • The winning wallet will prioritize user experience, similar to Google's early success.
ADVICE

Idea of the Day Group Chat

  • Create a group chat with friends called "Idea of the Day (IOD)".
  • Share daily ideas for feedback and potential development.
ANECDOTE

Security Deposit Issue

  • Greg Isenberg had difficulty retrieving his security deposit, inspiring a business idea.
  • He proposed a platform where tenants invest deposits, sharing upside with landlords.
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