Covid times:
1. The world has changed for ever
2. Adaptation is the key
3. It is not the survival of the fittest, but the survival of the quickest.
4. Forced Entrepreneurship
5. Ego slap by nature – live a conscious life, in tune with nature
Effected:
1. Jobs – No revenue, so you cannot play
2. Retail industry – people buy online
3. Travel industry –
4. Tourism industry
5. Hospitality
6. Automotive industry
7. Cinema
8. Logistics – some of them food and medical is on track, but others are effected
9. Local transportation
10. Restaurants
11. Luxury products
12. Live sports
13. Oil and gas
14. Real estate
15. Construction
16. Film Industry
17. Events and conferences
18. Tech and gadgets – consoles, gaming consoles.
19. Fintech investing
20. Agricultural and allied activities affected and financial and non financial sectors also
Look at adversity as an opportunity. Shift the orbit and move to the new world.
Things that have completely changed:
1. Social interaction
2. Work style – WFH, effectiveness
3. Internet usage – streaming platform, video platform
4. Health consciousness
5. Less Pollution
6. Priorities of people
7. Business model
8. Family time
9. Expenses
10. Education industry
11. Food industry
12. Entertainment
13. Environment
Position yourself in the winning side – some of the winning industries
1. Digital products – structured education
2. GIG Economy – Uber, Airbnb – You use for particular gig – You don’t need employees – Pay people per task – Nobody on payroll
3. Stock Market Investing – Algo trading/Value investing/Forex/Daytrading
4. Home Gardening - Hydroponic
5. Online coaching/Teaching
6. Mental Health – Psychologist/psychiatrist
7. Solar Energy/Alternate Energy
8. Insurance
9. Alternate Medicines
10. Gaming
11. Health care
12. Affiliate Marketing
13. Network marketing
14. Data Science – IOT/ML/AI
15. Spiritual Sciences – Vastu/Healing/Tarot/Astro
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