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Wednesday, September 15, 2021

Covid and Industries -

 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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