How To Succeed Immediately After The Economic Crisis

Image Source: LinkedIn

Look at the image above and study the trend.

10 years from now, no tech company may be among the top 5 most valuable companies in the world. Something entirely new may disrupt the market.

This trend has stayed true for over 50 years, and this time would also not be an exception.

With areas like space exploration, artificial intelligence, the internet of things, and a few others getting more research and an heavy influx of funding, the markets and everything as we know it could change.

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What is unknown always brings with it new possibilities. So we should brace ourselves for a whole new revolution, for we may never know which direction it could come from.

Preparation is everything, and the next batch of world $ billionaires would turnout from this.

See Also: How To Survive A Recession In Nigeria

In Africa, especially Nigeria, entrepreneurs are always too slow to spot opportunities, or maybe the opportunities cost too much to take advantage of. But having rare knowledge would ultimately keep you prepared for the right time to act.

Not all wealthy people would maintain their status for a long time. There’s a reason a younger generation with no cash in their pockets, but a dream and will, bigger than the elites could ever have, always eventually end up replacing them in the society, with no possibility of them ever catching up to regain their status and control.

If you’re cash crunch or have some capital, do this instead:

Don’t chase business ideas in this economic crisis. It’s a tad too risky if the idea fails and you end up in a worse situation than you already are. Chase rather, business opportunities, acquire a rare but highly valuable skill, and STUDY social psychology, personal development, and business books LIKE HELL! So that when we’re out of the crisis and a new era of things set in, you may have rare knowledge and some capital to solve the problems that everyone was too busy to even have the hindsight to spot.

Besides, “when preparation meets opportunity, success happens!”

See Also: 6 Recession Proof Business Ideas & Opportunities In Nigeria

 

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