#businessopportunity #financialcrisis #entrepreneurship
Throughout history, more billionaires and millionaires are made after a recession and economic crisis than at any other time. So, how do YOU take advantage of this time?
According to the International Monetary Fund, our global economy will most likely suffer the worst financial crisis since The Great Depression due to this COVID-19 Pandemic.
The World Trade Organization is also saying that global trade will fall anywhere between 13% and 32% this year.
The OECD, the Organization for Economic Cooperation and Development is warning us that the economic hit from the virus will be felt for “a long time to come.”
No one knows when this pandemic is going to end and economic activities will go back to normal. But, although there’s all this certainty about what’s going to happen, there’s a lot of opportunities out there IF you know where those opportunities lie.
With COVID-19, we’re already seeing a shift in how consumers and businesses are behaving. Remote working is increasingly being encouraged by both tech and non-tech companies, supply chains are getting disrupted globally, retail stores are running out of iboprufen, dry goods, and toilet paper.
Now, while some of the changes are direct, short-term responses to the crisis that will probably revert to normal levels once COVID-19 is contained, other shifts will continue and create a long-term disruption that will eventually reshape businesses for years to come.
Now, obviously focusing on getting out of health risks posed by the outbreak should be your primary concern, but you should also keep your eyes open for what could lie ahead after this pandemic, because like I said this global pandemic will reshape businesses for decades to come.
Mo discusses 5 industries that will BOOM after this COVID-19 CRISIS is over.
The industries he covers are:
1. DIGITAL MARKETING
2. STOCK MARKET INVESTING
3. ONLINE EDUCATION
4. E-COMMERCE
5. THE GIG ECONOMY
Enjoy!
Follow @the_business_lounge_
for your success!
Follow @the_business_lounge_ for financial freedom!
Follow @the_business_lounge_ for greater knowledge!
Throughout history, more billionaires and millionaires are made after a recession and economic crisis than at any other time. So, how do YOU take advantage of this time?
According to the International Monetary Fund, our global economy will most likely suffer the worst financial crisis since The Great Depression due to this COVID-19 Pandemic.
The World Trade Organization is also saying that global trade will fall anywhere between 13% and 32% this year.
The OECD, the Organization for Economic Cooperation and Development is warning us that the economic hit from the virus will be felt for “a long time to come.”
No one knows when this pandemic is going to end and economic activities will go back to normal. But, although there’s all this certainty about what’s going to happen, there’s a lot of opportunities out there IF you know where those opportunities lie.
With COVID-19, we’re already seeing a shift in how consumers and businesses are behaving. Remote working is increasingly being encouraged by both tech and non-tech companies, supply chains are getting disrupted globally, retail stores are running out of iboprufen, dry goods, and toilet paper.
Now, while some of the changes are direct, short-term responses to the crisis that will probably revert to normal levels once COVID-19 is contained, other shifts will continue and create a long-term disruption that will eventually reshape businesses for years to come.
Now, obviously focusing on getting out of health risks posed by the outbreak should be your primary concern, but you should also keep your eyes open for what could lie ahead after this pandemic, because like I said this global pandemic will reshape businesses for decades to come.
Mo discusses 5 industries that will BOOM after this COVID-19 CRISIS is over.
The industries he covers are:
1. DIGITAL MARKETING
2. STOCK MARKET INVESTING
3. ONLINE EDUCATION
4. E-COMMERCE
5. THE GIG ECONOMY
Enjoy!
Follow @the_business_lounge_
for your success!
Follow @the_business_lounge_ for financial freedom!
Follow @the_business_lounge_ for greater knowledge!
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