Retired Grandparent Childcare Network

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Retired Grandparent Childcare Network

Inspired by a conversation on:

Ramsey Everyday Millionaires

Ramsey Everyday Millionaires

Still Stressed in Baby Steps 4, 5, & 6

Host: Dave Ramsey, Ken Coleman, Rachel Cruze, John Delony, George Kamel

Timestamp: 00:06:00 - 00:07:00

Listen to Episode • View Podcast • All Ideas from Ramsey Everyday Millionaires

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Feather Flow

Direct Quote

"What if we found a really awesome grandmother who maybe her grandkids live two or three states away."

Market Gap

Childcare costs are prohibitively high for working parents.

Many working parents struggle with the high costs of childcare, which can often exceed their mortgage payments. In the case discussed in the episode, daycare expenses were a significant burden, amounting to $1,500 a month. This high cost often leads parents to feel financially constrained, limiting their ability to save for vacations, additional children, or other expenses. Current solutions often involve expensive daycare centers, with limited alternatives available that are both affordable and trustworthy. Finding alternatives could reduce financial stress and allow families to allocate funds more flexibly.

Summary

The idea is to create a network connecting families with retired individuals, particularly grandparents, who are willing and able to provide childcare. This network would facilitate matching parents with trusted caregivers, allowing for lower-cost childcare options. It could operate via a simple platform or an app where families can profile their needs, while caregivers can offer their services. This solution not only addresses the need for affordable childcare but also fosters intergenerational connections, providing retirees with purposeful engagement. By leveraging the growing number of retirees looking for additional income, this network could significantly lower childcare costs for working parents.

Categorization

Business Model
Marketplace
Target Founder
Generalist
Difficulty
Medium
Time to Revenue
3-6 months
Initial Investment
$1,000-$10,000

Potential MRR (18-24 months)

Conservative
$5,000 - $10,000 MRR
Moderate (Most Likely)
$10,000 - $25,000 MRR
Optimistic
$25,000 - $50,000 MRR

* Estimates assume solo founder/bootstrap scenario with competent execution

Scores

Clarity
8/10
Novelty
7/10
Feasibility
6/10
Market Potential
8/10
Evidence
7/10
Overall
7.2/10
Found on September 24, 2025 • Analyzed on September 24, 2025 7:36 AM

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How should I validate this marketplace idea before building it?

2:34 PM

Great question! For a marketplace idea like this, I'd recommend starting with these validation steps:

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2:35 PM

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