My First Million
The best business ideas come from noticing what's working and doing it better, faster, or for a different audience.
Traditional Service Industries Run by Aging Operators Ripe for Disruption
Timeframe: Next 10-15 years as baby boomer business owners retire
What's Changing
Many profitable service industries dominated by 60+ year old operators who don't use modern marketing, technology, or growth strategies
Driving Forces
Generational transition in business ownership
Digital marketing skills gap in traditional industries
Younger entrepreneurs avoiding 'unsexy' businesses
Strong cash flow businesses with no succession planning
Winners
- Younger operators who bring digital marketing to traditional services
- Private equity firms buying up fragmented service businesses
- Entrepreneurs willing to work in unglamorous industries
Losers
- Aging operators who don't adapt to digital customer acquisition
- Traditional advertising-dependent service businesses
- Industries that rely solely on word-of-mouth growth
How to Position Yourself
Target industries with high margins but old-school operators
Bring basic digital marketing to offline service businesses
Focus on customer acquisition rather than service innovation
Look for businesses where owners haven't raised prices in years
Early Signals to Watch
Example Implementation
“Pet cremation industry: 90%+ margins, operators 60+ years old, no paid advertising, high search volume with low competition. Opportunity to bring basic SEO and digital marketing to capture market share.”