How to expand your current product line(s)? I have three ideas:
1 - create anything related to babies/kids that has to do with your product line. If Caterpillar can "gear" (ouch) their surface scouring behemoth machines into a line of kid's clothing, your company can do it, too. With babies/kids products, you will ALWAYS have new customers.
2 - start a foundation. Yes, for the cause, to be able to direct funding to them feels good. But, you will also be creating a future job for yourself. CEO, consultant, blogger, or mascot. You can build yourself a fallback, and not worry about job hunting ever again.
3 - help your family. Not by handing out cash, at least not a lot. But fund their education, set them up with a home, and then assist with their dreams. Someone helped you, pass it on. Again if you're ever down, you will have a place to stay.
Good luck, and let me know if you have any good ideas like these.