Senior Concierge

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Senior Concierge

Here's another business idea where you're only limited by your imagination. A concierge service for seniors could both provide escorted transportation and bring services into the home, depending on what the client requests. Think beautician services, dry cleaning, mobile vets, domestic help-again, anything that makes seniors' lives easier and also makes use of their disposable income.

"Many people of this age need their errands run, groceries picked up, laundry and tailoring taken care of. Just imagine if you couldn't drive-what would you need done for yourself?" says Ann A. Fishman, president of market research consulting firm Generational-Targeted Marketing Corp. in New Orleans and an adjunct professor at New York University's The Center for Marketing. "Some are without family nearby, and although they don't need companions, it's nice to have someone take you to the doctor and wait for you."

That's just what Dick Padgett had in mind when he started Five Star Concierge. Though a small one-man operation, the San Diego company represents the kind of seed-stage opportunity set to explode within the next decade. "The senior market needs a reliable source of transportation and care," says Padgett, 54, who offers escorted

transportation, personal shopping and errands, technical consulting and training, handyman services and more. "They need someone they can call who is dependable and honest. I am the substitute son."

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