DEVTOME.COM HOSTING COSTS HAVE BEGUN TO EXCEED 115$ MONTHLY. THE ADMINISTRATION IS NO LONGER ABLE TO HANDLE THE COST WITHOUT ASSISTANCE DUE TO THE RISING COST. THIS HAS BEEN OCCURRING FOR ALMOST A YEAR, BUT WE HAVE BEEN HANDLING IT FROM OUR OWN POCKETS. HOWEVER, WITH LITERALLY NO DONATIONS FOR THE PAST 2+ YEARS IT HAS DEPLETED THE BUDGET IN SHORT ORDER WITH THE INCREASE IN ACTIVITY ON THE SITE IN THE PAST 6 MONTHS. OUR CPU USAGE HAS BECOME TOO HIGH TO REMAIN ON A REASONABLE COSTING PLAN THAT WE COULD MAINTAIN. IF YOU WOULD LIKE TO SUPPORT THE DEVTOME PROJECT AND KEEP THE SITE UP/ALIVE PLEASE DONATE (EVEN IF ITS A SATOSHI) TO OUR DEVCOIN 1M4PCuMXvpWX6LHPkBEf3LJ2z1boZv4EQa OR OUR BTC WALLET 16eqEcqfw4zHUh2znvMcmRzGVwCn7CJLxR TO ALLOW US TO AFFORD THE HOSTING.

THE DEVCOIN AND DEVTOME PROJECTS ARE BOTH VERY IMPORTANT TO THE COMMUNITY. PLEASE CONTRIBUTE TO ITS FURTHER SUCCESS FOR ANOTHER 5 OR MORE YEARS!

Turning Silver into Gold by Mary S. Furlong

This article was inspired by Mary S. Furlong's Turning Silver into Gold . If you enjoy this article then consider purchasing or borrowing the book.

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How to Capitalize on the Baby Boomer Generation

“As you consider launching a new business for boomers, it is important to know that there are few barriers to entry for a new brand aimed at this generation.”

Born between 1946 and 1964, baby boomers now influence our markets more than any other group. Approximately 77% of the US’s assets and 70% of its wealth is controlled by people over 45 years old. With the help of new technologies and a cultural obsession with health, Americans can live up to 80 years and longer. Over 45% of Americans are older than forty. Businesses must create strategies to market to this aging, global demographic.

A person’s body starts to degenerate once they are 50 years old. The “healthy living” approach to products will garner billions of dollars for entrepreneurs in the coming years. Designer glasses, hearing aids and chiropractic services will garner a great deal of money for those involved. Baby boomers will also seek treatments for obesity and memory loss as they age.

Approximately 80% of all forms of luxury travel are paid for by people over 50 years old. Newly retired baby boomers want to see the world, and travel agencies, cruise lines and hotels have noticed. Cruise ships in particular offer themed excursions for older customers.

Once children leave home, baby boomers finally have time for hobbies. The gardening industry is booming, as people 50 and older spend more his hobby than any other. Book publishers release more books in large print than ever before. Baby boomers spend over $18 billion dollars a year on treatments for sports injuries, as they continue to press on with physical activities.

From erectile dysfunction medication to online dating services, baby boomers seek romance and companionship. Many in this aging group experience loneliness, as one-third of women over 55 are widows, and 57% of women over 85 live by themselves.

Retirement housing is another thriving industry, as 25% of baby boomers buy a second home. Boomers who want to live close to work or their children have kept urban planners busy creating new communities for this age group.

Friends and family are important to boomers, which is evident from the amount time and energy they spend social networking and recording their life stories for their families. Statistics show that grandparents spend more than $30 billion a year on grandchildren, buying more toys than 25 to 44 year olds. Scrapbooking has become increasingly popular among aging boomers.

The eldercare industry will experience dramatic growth over the next few decades, as 40% of people over 65 years old will need professional care. Approximately 100 million Americans have chronic health issues, so the amount of money expended on nursing homes and home-based care will skyrocket.

Determine what are “the social issues surrounding aging” and create a business plan from there. Find a niche that baby boomers will pay for, and see what your competition does to succeed in this area. Set your product or service apart.


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