Next to Ken

Next to Ken is a safety device that allows individuals, especially children and those with dementia, to carry an NFC-enabled tag that can easily connect to a smartphone to alert guardians when they are lost.

The model primarily involves distributing these tags for free at events, with potential revenue generated through partnerships with organizations and institutions that want to provide safety measures for their clients or attendees.

Problem Solved

This product addresses the critical issue of individuals with dementia or children wandering off and being unable to communicate their whereabouts, providing a simple and effective way to connect them back with their guardians.

Skills Required

Skills required include product development, knowledge of NFC technology, marketing, and relationship management with organizations and institutions.

Why this works now

Apple's NFC technology enables easy integration of contactless tags with smartphones, making Next to Ken feasible for immediate deployment. The first revenue move involves partnering with the National Alzheimer’s Association to distribute tags at their events, ensuring safety for attendees while generating initial funding. A constraint the founder will face is the challenge of securing sufficient capital to scale production without a proven sales track record, which may lead to cash flow issues in the first year.

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This was one of the business ideas discussed on I Judged 10 Businesses Live. One Makes $68K/Month - Ep. #339. See every idea and case study pulled from this episode in one place.

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