Exchange of Services and Adding New Business Lines: I have a good friend who is a young MD type doctor. He was loaded down with student loans and he operates his own office in Encino, CA, a fairly wealthy area. It costs him $225 per hour to keep his office doors open. He had to do hospital rounds at night to survive. Radio time is now going begging. So, I worked a deal for him with a local radio station. He gets advertising air time and even has his own medical “show” on that station. He is also now the personal doctor for the station owner and the few employees. This was an exchange of services. I did not charge for putting this deal together but it lead to a new business line for him that I proposed and share in that revenue. He is located in a wealthy area. There are a lot of wealthy older people in the area who do not like going to see the doctor but from time to time, need medical help and attention. So we set up a medical concierge service that also gets advertised on that radio station. We make house calls and the fee is not cheap. We now have eight doctors on call and business is brisk.

via Opportunities EVERYWHERE Market Sniper – Slope Of Hope with Tim Knight.

The example above is one of the real life money making opportunities highlighted in the article.  Go read the rest.  This is tremendous food for thought.

I started to think about my own business after reading the article.  A while ago I recognized my opportunities were similar to the ones described by Knight.  I began to understand that I had started working at the intersection of disciplines.  Underwriting and law.  Auditing and underwriting.  Technology and underwriting.

Can you take your expertise to the intersections of disciplines to meet unmet needs?

HT – Michael Panzner at Financial Armageddon