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6 Retro Business Ideas That Could Be As Big As LEGO ($11.8B)

From My First Million · Published Jul 4, 2024 · Watch on YouTube

TL;DR

The video examines the "kidult" trend (adults buying kids' toys), which makes up 25% of toy sales and 60% of industry growth. It profiles two LEGO-community websites (Rebrickable and Bricklink) as examples of passionate niche businesses that can be built slowly with loyal users. The hosts propose six retro business ideas (e.g.

Key insights

  • 25% of all toy sales are from adults; 60% of toy industry growth comes from the "kidult" segment.
  • Adults buy toys for three primary reasons: nostalgia, anti-loneliness/bonding, and detoxing from phones (relaxation/anti-anxiety).
  • Calm’s breakout product was sleep stories for adults, not meditation – a "kidult" application of bedtime stories.

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