The episode dives deep and shares our insights on a My First Million podcast interview where the Same Parr and guest, Steph Smith, discuss the "silver tsunami" - a term that describes the rapidly growing population of older adults.
They explore the implications of this demographic shift, including its impact on healthcare, pensions, and housing markets. Smith emphasizes the importance of understanding the changing needs of older individuals, highlighting potential business opportunities in areas like menopause care, assisted living, and fitness.
The conversation also delves into the increasing popularity of health tracking technologies, like continuous glucose monitors, and how these tools could be leveraged to create new businesses.
Finally, they discuss the emergence of "barbell sports" - activities that are either made more accessible or significantly more challenging, catering to different demographics and motivations within the fitness community.
We share our insights, but if you want to watch the original My First Million podcast HERE!
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