Lex DeVille
Sweeping Shadows From Dreams
FASTLANE INSIDER
EPIC CONTRIBUTOR
Read Fastlane!
Read Unscripted!
Speedway Pass
Wondering if anyone has considered creating products for the elderly. I don't know how many people know this, but by 2020 we're scheduled to see old people outnumber children for the first time in history.
This is happening due to the many advances in modern technologies and medicines (you can read about some of these in my longevity thread here).
At first older generations will simply live longer. This is already happening. So it's a great time to be thinking about how you'll improve the comfort and enjoyment of those extended later years.
Eventually, as some of the more devastating illnesses and diseases of old age are cured, we'll start to find new ways to restore and maintain youthful bodies (much as we do with classic cars). This will cause a huge fluctuation in the available pool of people to sell to, and the kind of stuff they'll buy.
Imagine what a 90 year old today would be interested in having or doing if he had the body of a 60 or 40 or 20 year old? How would that change his experience of the world? What products and services might he want or need?
There's an entirely new market beginning to emerge. Entire generations of people will suddenly have a lifetime of experience, 401ks, and the physical capability to enjoy that life more than was possible not long ago.
Anyway, just wanted to throw it out there for anyone who's looking for ideas. Whether it's a service business, ecommerce, SAAS, the future is upon us and those who position themselves properly will profit.
I'm 30 right now, and I can tell you if my body was 20 I'd be running, and jumping, and racing, and staying out later a lot more.
If I were 90 and my body were suddenly 20, well, you get the picture...
But you don't have to create products for 90 year old's in a 20 year old's body. Before that happens, we'll just see 90 year old's living longer in 90 year old bodies.
This is where the world is right now. The picture above is where the world might be in another 10-15 years. We're much closer to age reversal than most people realize. But you can research that on your own.
The point is, it's time to start thinking about this market and how they might be best served.

Feel free to share your thoughts about products or services older generations might want or need. It would be great to open up discussion on this.
This is happening due to the many advances in modern technologies and medicines (you can read about some of these in my longevity thread here).
At first older generations will simply live longer. This is already happening. So it's a great time to be thinking about how you'll improve the comfort and enjoyment of those extended later years.
Eventually, as some of the more devastating illnesses and diseases of old age are cured, we'll start to find new ways to restore and maintain youthful bodies (much as we do with classic cars). This will cause a huge fluctuation in the available pool of people to sell to, and the kind of stuff they'll buy.

Imagine what a 90 year old today would be interested in having or doing if he had the body of a 60 or 40 or 20 year old? How would that change his experience of the world? What products and services might he want or need?
There's an entirely new market beginning to emerge. Entire generations of people will suddenly have a lifetime of experience, 401ks, and the physical capability to enjoy that life more than was possible not long ago.
Anyway, just wanted to throw it out there for anyone who's looking for ideas. Whether it's a service business, ecommerce, SAAS, the future is upon us and those who position themselves properly will profit.
I'm 30 right now, and I can tell you if my body was 20 I'd be running, and jumping, and racing, and staying out later a lot more.
If I were 90 and my body were suddenly 20, well, you get the picture...

But you don't have to create products for 90 year old's in a 20 year old's body. Before that happens, we'll just see 90 year old's living longer in 90 year old bodies.
This is where the world is right now. The picture above is where the world might be in another 10-15 years. We're much closer to age reversal than most people realize. But you can research that on your own.
The point is, it's time to start thinking about this market and how they might be best served.

Feel free to share your thoughts about products or services older generations might want or need. It would be great to open up discussion on this.
Don't like ads? Remove them while supporting the forum:
Subscribe to Fastlane Insiders.