New Business In Later Life

How a Niche Business Leverages Your Expertise - Ep 30 – Alex Smith

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In this episode, Ildikó chats with Alex Smith, late blooming father, motor sport loving tech guru who is about to launch his latest business - Meeting Room Doctor. By installing customised technology, tailored specifically to each meeting room Alex will revolutionise how small businesses hold meetings

Ildikó and Alex discuss how he set up his business and routines to fit in with family life, so he can spend as much time with his young daughter as possible. Having used routine to rebuild himself and his business after serious difficulties, Alex is now looking to once again upscale. Giving out great crumbs of business advice along the way.


KEY TAKEAWAYS

  1. Solve Customer Problems Effectively: Deeply understanding each client’s unique needs and environment, then providing tailored, expert recommendations, rather than generic solutions, ensures you truly solve each customer’s specific problems.
  2. Delivering True Meeting Equity: When Meeting Room Doctor launches in September, Alex will deliver tailored AV solutions that seamlessly integrate technology and acoustics, ensuring every remote or in-person participant enjoys a clear, equitable, and productive meeting experience.
  3. Niche Down for Impact: Specialising in a targeted market segment transforms a business from being one of many to being a trusted expert, which provides greater differentiation in a crowded industry.
  4. Make Time For Your Family: They are an integral and vital part of your life which you need to take care of. If you don´t it is hard to feel fulfilled and be successful in your work life.
  5. Embrace AI : Actively adopting AI tools and technologies is essential for staying relevant, competitive, and innovative. Those who didn´t embrace the internet went out of business.


    BEST MOMENTS


    • Alex: "If you're on a video conference, my aim is to make it as good as if we were sat in person."
    • Alex: "It was about actually going back to basics. What am I good at? What do I like doing? What don't I like doing? Where can I make money? Where have I been successful in the past?"
    • Ildikó: "The earlier you come to this realisation - just concentrate on things that you love doing - your own business success gets refined a lot easier as well."
    • Alex: "You get to a point in life where your superpower becomes your experience."
    • Alex – “If I was going to be setting up another business now, recurring revenue would certainly have to be a part of it.”


      • ALEX´S INFORMATION

      https://meetingroomdoctor.com

      https://www.linkedin.com/in/alexhsmith

      https://www.tiktok.com/@meetingroomdoctor


      HOST BIO


      Ildikó Sealey is a Property Professional, Networking Host and Podcast Host serving her local and wider community.


      In the property business with her husband since 2019, their core values are revitalising neglected properties so they can provide modern, future-proofed, comfortable homes for people.

      Recognising a gap in the local networking scene, Ildikó started co-hosting Property and Business Network in March 2024, bringing together the best in business in Plymouth and surrounding areas in Devon and Cornwall.

      With a rich background in administration, social housing, arts and crafts, education, business and mindset, she is passionate about empowering her fellow 50+ Encorepreneurs on their journey.

      Through her business, podcast shows and networking events, she makes an impact, proving that age is no barrier to success in the business world.


      This Podcast has been brought to you by Disruptive Media https://disruptivemedia.co.uk

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      New Business In Later LifeBy Ildiko Sealey