Wednesday, November 23, 2005

Your Next Big Thing

The December issue of PROFIT Magazine features the 10th annual Opportunity feature, Your Next Big Thing: The Best Businesses to go Into Now.

(Sometime next week I will look up that first issue and let you know what some of the predictions were way back in 1996. I hope they’re not too embarrassing).

As a free preview of that special issue, offers a story on what four prominent Canadians see as the best business bets of the next few years. Here’s a quick summary:

Andy Macaulay, founding partner, ZiG, Toronto:
"There's a market for a concierge service for boomers, to take care of all those little tasks around the home: trimming the tree, getting the fridge fixed, taking care of car maintenance, walking the dog and shopping for groceries.”
Elyse Allan, president & CEO, GE Canada, Mississauga, Ont.
"There is a need for cleaner, more efficient sources of energy and for more abundant clean water.”
Jean-Marc Léger, president, Léger Marketing, Montreal: "Older people are having a difficult time adapting [to new technology]. So manufacturers that can simplify technology products that are in wide use, such as e-mail, cellphones, the Internet and iPods, will have an advantage.”
David Foot, professor of economics, University of Toronto: "The boomers need financial-planning and wealth-management services. They also have the money to buy second homes, so security-system suppliers will do well.”

To read the whole story, click here.

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