21+ Baby Boomer Business Ideas You Can Start Today [2023]

21+ Baby Boomer Business Ideas You Can Start Today [2023]

Interested in starting a baby boomer business in 2023?

We put together 21 of the best baby boomer businesses you can start in today.

For each business idea, we’ll show you real-world examples of other baby boomer businesses to help you see what it really takes.

Here's the full list:

1. Start a tech support business ($120K/year)

How Much Can You Make?
$200 — $10,000/month
Average Initial Investment
$10,680
Time To Revenue
330 days
Skills
Business model

Daniele Besana from Amsterdam, North Holland, The Netherlands started WP OK over 7 years ago, a tech support business.

  • Revenue: $10,000/ month
  • Founders: 1
  • Employees: 5
  • Location: Amsterdam, North Holland, The Netherlands

Case Study

I've always worked in IT, solving technical problems for small and big companies.

During my 15 years career in network security, I was lucky to help a lot of different types of customers: from small family-owned businesses to multinationals corporations.

It’s all about people. Don't focus on the number of subscribers, followers, opt-in, conversions… when you start is all about building relationships with people.

how-i-turned-my-wordpress-freelance-gigs-into-a-productized-service

2. Start a cleaning business ($1.2M/year)

How Much Can You Make?
$2,000 — $708,333/month
Average Initial Investment
$115,831
Time To Revenue
180 days
Skills
Business model

Neel Parekh from Los Angeles, CA, USA started MaidThis Franchise over 9 years ago, a cleaning business.

  • Revenue: $100,000/ month
  • Founders: 1
  • Employees: 9
  • Location: Los Angeles, CA, USA

Case Study

I originally started MaidThis as a side hustle while I was working at a private equity investment firm. Like many people working the corporate grind, I was fascinated by becoming my own boss.

With any first product or service launch, you’re almost guaranteed to get some aspect of it wrong. You might be priced too low, not be addressing the right target market, or have the package all wrong.

I finally stumbled upon The 4-Hour Workweek by Tim Ferris, which turns out is basically the Bible for the digital nomad community, and decided I wanted to experience “location freedom”.

how-i-started-a-100k-month-home-cleaning-service-for-busy-individuals-and-airbnb-hosts

3. Start a mobile bodycare business ($24K/year)

How Much Can You Make?
Time To Revenue
210 days
Skills
Business model

Jenni Jo from Portland, Oregon, USA started Jenni Jo - Tension Tamer®️ over 3 years ago, a mobile bodycare business.

  • Revenue: $2,000/ month
  • Founders: 1
  • Employees: 0
  • Location: Portland, Oregon, USA

Case Study

I’ve had the Airstream Dream for about 15 years now. First of all, who doesn’t love the beauty of the shiny silver Airstreams? And to have a business on wheels, well, that’s the cat’s meow! I had gone so far to have owned 2 vintage Airstreams over the last 15 years but for one reason or another, I chickened out and became overwhelmed with the scope of the project and gave it up, selling my trailers.

Even when the ground feels shaky and you doubt and question everything, use that as a signal to go within and get quiet.

Then life happened. I got married, had twins and then got divorced 5 years later and during that time is when my midlife awakening happened. “It’s now or never.” So, the silver lining in my dark chapter in my life gave me the courage to go after my dream. And in my case, it’s a teeny, tiny, silver mobile body care spa. To be honest, the longer I was in the profession the less I enjoyed doing onsite gigs. Hauling equipment around is cumbersome and tiring. I bring ALL the gear. Towel warmer, body cushions, table warmer, lighting, music, aromatherapy. It’s not just a massage, but an experience.

how-i-started-a-2k-month-mobile-bodycare-experiences-business

4. Become an online dating consultant ($62.4K/year)

How Much Can You Make?
$5,200 — $11,250,000/month
Skills
Business model

Shane White from Austin, Texas, USA started The Match Artist about 5 years ago, a online dating consultant.

  • Revenue: $5,200/ month
  • Founders: 2
  • Employees: 0
  • Location: Austin, Texas, USA

Case Study

I have always been an entrepreneur. When I was in high school, I wanted to start my own business, so I took to one thing that I knew how to do- mow lawns.

Afterward, while I was in college, I started a mobile DJ business, which was a great way to earn some extra cash in college. After graduating from NDSU with a degree in Computer Science, I took a full-time job working as a software developer. While working as a developer, I really wanted to start a SaaS Company, which translates to “Software as a Service”, so I did just that. I created Midwest Streams - Simple Funeral Webcasting, which helps funeral directors webcast their funerals.

I ended up spending too many hours working on Midwest Streams while I was at my software developer job, so my employer fired me. (If you are reading this, I really am sorry!) This happened in February of 2014, and Midwest Streams was only making $400 a month. I decided not to go back to work and try my hardest to grow my company. I had some savings, but burnt through it pretty quick, as it’s really hard to survive with only $400 a month.

how-i-built-my-own-business-improving-online-dating-profiles

5. Start an in-home senior care service ($3M/year)

How Much Can You Make?
$250,000/month
Average Initial Investment
$200,000
Skills

Gareth Mahon from Perth WA, Australia started The CareSide over 5 years ago, a in-home senior care service.

  • Revenue: $250,000/ month
  • Founders: 2
  • Employees: 20
  • Location: Perth WA, Australia

Case Study

After reading The 4 Hour Work Week by Tim Ferriss, I was inspired to create a business that could be run from anywhere in the world and utilize the best of international resources, all through the magic of the cloud. The home care services industry was going through major regulatory changes around 2016 in Australia. Opportunities were opening up and I wanted a slice of the action.

We take a data-driven approach to our sales on marketing. If a channel isn’t generating leads and new customers at a profitable rate, then I will stop investing in it.

I previously had senior management roles in several large organizations including ANZ Bank and KPMG. Although I was compensated well and had a lot of responsibility, these jobs required me to work long hours. I also had to travel frequently to meet with clients. Starting my own company has provided me with greater flexibility. I'm in control of my schedule. If I want to take a day off or go travel with my partner for a week, I can do that. Ultimately, it was a book that motivated me to pursue this new lifestyle by starting my own business.

how-i-started-a-250k-month-a-home-care-and-nursing-service-provider

6. Start a taxi cab business

How Much Can You Make?
$250,000/month
Skills

Examples of a successful taxi cab business:

Here are some great videos on how to get started with a taxi cab business:

For further info, check out these books and products:

Learn more about starting a taxi cab business ➜

Case Study

My name is Albert Williams. I am the President and CEO of The Best Deal Group of Companies. located in the Boogie Down Bronx. Best Deal is a transportation company, who specializes in local community transportation, Corporate Transportation as well as Non Emergency Medical Transportation (NEMT).

Below is a picture of our cars gathered to pick up 30+ passengers for one of corporate accounts

how-i-built-a-3-5m-year-taxi-company-competing-with-uber-lyft

7. Start a computer training camp business

Examples of a successful computer training camp business:

Here are some great videos on how to get started with a computer training camp business:

For further info, check out these books and products:

Learn more about starting a computer training camp business ➜

article

8. Become a bed and breakfast owner

Examples of a successful bed and breakfast owner:

Here are some great videos on how to get started with a bed and breakfast owner:

For further info, check out these books and products:

Learn more about starting a bed and breakfast owner ➜

article

9. Start a magazine publishing business on amazon kindle store

Examples of a successful magazine publishing business on amazon kindle store:

Here are some great videos on how to get started with a magazine publishing business on amazon kindle store:

For further info, check out these books and products:

Learn more about starting a magazine publishing business on amazon kindle store ➜

article

10. Start a fitness center

How Much Can You Make?
$20,000 — $39,875,000/month
Average Initial Investment
$100,000
Skills

Examples of a successful fitness center:

Here are some great videos on how to get started with a fitness center:

For further info, check out these books and products:

Learn more about starting a fitness center ➜

Case Study

My name is John Zarbock. I am the CEO and Founder of BioFit. I started my business in November of 2018 in St. Louis, Missouri. We build better humans by providing them with the most effective, efficient, and safe exercise on the planet. We do this through the High-Intensity Training (HIT) methodology mostly by leveraging the Adaptive Resistance Exercise (ARX) machines. They are designed to achieve exercise results in as little as 20 minutes a week by performing not only each rep and set near perfectly but also allowing for the maximum amount of intensity every moment of every session in the safest way possible while giving each client real-time feedback on progress and performance. We deploy a simple success formula: Work + Rest = Growth.

We currently have approximately 125 clients and our average monthly revenue is $20k. We have about an 80% closing ratio and our client retention is over 70%. The intricacies of the business have been very dynamic as I have served more than half of my time operating it while on Active Duty for the Army. I am currently deployed overseas in Kuwait so there have been challenges in growth and scale but we have grown year over year in both memberships and revenue despite having a skeleton crew of dedicated team members and partners in the last two years.

i-built-a-240k-year-business-while-deployed-in-kuwait

11. Start an investment advisory business ($252K/year)

How Much Can You Make?
$6,000 — $97,500,000/month
Average Initial Investment
$7,750
Time To Revenue
270 days
Skills
Business model
Work from home

Examples of a successful investment advisory business:

Here are some great videos on how to get started with a investment advisory business:

For further info, check out these books and products:

Learn more about starting an investment advisory business ➜

Case Study

My name is Arthur Robertson and you can call me the Investment Educator. I currently run an investment advisory firm, a food truck - Renegade Vegan, founded two non-profits - one focused on financial literacy for the youth and another on real estate while also being a Real Estate Investor.

The start-up costs were approximately $10,000 - $15,000, however; within three months, I was able to recoup those costs from serving clients.

how-i-started-a-10k-month-financial-planning-and-investment-management-company

12. Start a restaurant

How Much Can You Make?
$5,000 — $61,650,000/month
Average Initial Investment
$57,500
Skills

Examples of a successful restaurant:

Here are some great videos on how to get started with a restaurant:

For further info, check out these books and products:

Learn more about starting a restaurant ➜

Case Study

Hi, I’m Andrei Calinescu and I am the Founder and CEO of One Life Meals.

starting-a-1-5m-healthy-meals-delivery-business

13. Start a testing and educational support business

Examples of a successful testing and educational support business:

Here are some great videos on how to get started with a testing and educational support business:

For further info, check out these books and products:

Learn more about starting a testing and educational support business ➜

article

14. Start a yard maintenance company

Examples of a successful yard maintenance company:

Here are some great videos on how to get started with a yard maintenance company:

For further info, check out these books and products:

Learn more about starting a yard maintenance company ➜

article

15. Start an adult day care business

Examples of a successful adult day care business:

Here are some great videos on how to get started with a adult day care business:

For further info, check out these books and products:

Learn more about starting an adult day care business ➜

article

16. Start an errand service

Examples of a successful errand service:

Here are some great videos on how to get started with a errand service:

For further info, check out these books and products:

Learn more about starting an errand service ➜

article

17. Start a gardening business

How Much Can You Make?
$27,000 — $150,000/month
Average Initial Investment
$46,000
Time To Revenue
360 days
Skills
Business model

Examples of a successful gardening business:

Here are some great videos on how to get started with a gardening business:

For further info, check out these books and products:

Learn more about starting a gardening business ➜

Case Study

My name is Chris Crawford and I am the founder of RinseKit. We design, manufacture, and sell the RinseKit- a portable pressurized shower that’s like having a hose to go. It doesn’t require pumping or batteries, fills from a hose spigot or sink in 30 seconds, can maintain pressure for up to a month, and is entirely portable. We started the business back about 5 years ago and have since grown to average over $1.5 M in sales each year.

how-i-designed-a-150k-month-portable-pressurized-shower-and-went-on-shark-tank

18. Start a home healthcare service business

How Much Can You Make?
$300,000/month
Average Initial Investment
$22,500
Time To Revenue
270 days
Skills
Business model

Examples of a successful home healthcare service business:

Here are some great videos on how to get started with a home healthcare service business:

For further info, check out these books and products:

Learn more about starting a home healthcare service business ➜

Case Study

Hello everyone! My name is Bharath M and I’m the founder of Healthsols Facilitators Pvt Ltd. We started the company 6 months ago to create better quality healthcare services at affordable prices.

In the early days, we used to generate very little revenue & sometimes we have ended up with zero revenue. But within 3 months slowly order flow & revenue generation started & also recruited 18 employees in 11 cities.

we-started-a-3-6m-year-medical-equipment-business-from-india

19. Start a green financial planning business

How Much Can You Make?
$10,000/month
Average Initial Investment
$13,000
Skills

Examples of a successful green financial planning business:

Here are some great videos on how to get started with a green financial planning business:

For further info, check out these books and products:

Learn more about starting a green financial planning business ➜

Case Study

My name is Arthur Robertson and you can call me the Investment Educator. I currently run an investment advisory firm, a food truck - Renegade Vegan, founded two non-profits - one focused on financial literacy for the youth and another on real estate while also being a Real Estate Investor.

The start-up costs were approximately $10,000 - $15,000, however; within three months, I was able to recoup those costs from serving clients.

how-i-started-a-10k-month-financial-planning-and-investment-management-company

20. Start a transportation service

How Much Can You Make?
$12,000 — $364,000/month
Average Initial Investment
$15,000
Skills

Examples of a successful transportation service:

Here are some great videos on how to get started with a transportation service:

For further info, check out these books and products:

Learn more about starting a transportation service ➜

Case Study

Hello, my name is Irakli Litanishvili and I am a co-founder of a group of companies called Aim of Emperor that operates in three niches: aviation, fuel & ground handling, and IT. One of the recent additions is Mirai Flights, where I stand as CEO & co-founder.

we-started-a-4-37m-year-private-jet-and-air-taxi-booking-service

21. Start a remodelling business

How Much Can You Make?
$350,000/month
Average Initial Investment
$3,500
Time To Revenue
360 days
Skills

Examples of a successful remodelling business:

Here are some great videos on how to get started with a remodelling business:

For further info, check out these books and products:

Learn more about starting a remodelling business ➜

Case Study

I’m Clifton Muckenfuss, I am Co-Founder of Carolina Exteriors, a Specialty Replacement Contractor based in Apex, NC, serving the Raleigh Metro Area. Carolina Exteriors offers residential home improvement services including Roofing, Siding, Windows, Doors, and Gutters. We believe that if we “build people, we build a winning team and combined, we Build Exceptional Customer Experiences. Our dedication to our people and customers and execution on our mission has led to us receiving numerous industry awards for customer service.

We bootstrapped the business on $3,500 and now 9 years later generate $4,000,000 in revenue.

growing-an-exterior-remodeling-company-from-3-5k-to-9m-year

Pat Walls,  Founder of Starter Story
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Pat Walls

I'm Pat Walls and I created Starter Story - a website dedicated to helping people start businesses. We interview entrepreneurs from around the world about how they started and grew their businesses.