I would like to get your opinion. I previously sold my own medical equipment business and would like to get started on a new venture. With my previous business, I really liked helping people, however I hated dealing with the government. That is why I thought of starting a medical alert consulting business. In a nutshell, I would help elderly people and people with medical conditions, live independently, without losing their peace of mind. I would help them decide on the right medical alert system based on their need and budget. I would also have medical alert jewerly and medicine dispensing units. I would not charge a consulting fee to my customer. I would get paid a commission based on the equipment and monthly fee for the medical alert service, and markup of the medical alert jewelry.
So now for my questions.
Do you think this is a good business idea? (Would this be something that you or a loved one would need?)
Do you think there is a need in the community?
Are there any other medical alert things that I should be providing?
I think that any time you do something you are interested in, you are already halfway home! And I think you already have an idea that there is a need.
I might approach this by preparing an informational presentation about the topic and trying to let senior community centers, assisted iving homes, etc. give you space to present it.
Then you could end by demonstrating you products and collecting contact information to follow up. You would probably do better if you could get caretakers (younger family members, etc.) involved in this process.
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