In Guy Kawasaki's always entertaining and informative blog, "Let the Good Times Roll," he has a very good interview with demographer, Dr. Joseph Chamie. Dr. Chamie is a demography expert, and past director of the United Nations' Populations Division.
The full interview is here...yet here are some of Dr. Chamie's more salient observations:
- The US population will hit 300 million sometime in October of this year...and by 2050 is likely to reach 420 million.
- By 2050, 21% of US population will be over 65...compared to 12% today.
- Fastest growing states: Nevada, Arizona, Florida, Texas, and Utah.
- Since the US population will grow by over 100 million over the next 4 decades, Dr. Chamie would look for entrepreneurial opportunities and growth in: housing, and consumer goods and services.
- Given the aging, as well as the growing immigrant population, businesses to avoid would be: those businesses and products that are complicated to understand, hard or uncomfortable to use, expensive, difficult to store, or non-essential.
Great interview. I encourage you to read the whole thing.
That's all for today. Ciao!
Two of a trade can never than one.
n
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