In part 1 of this post, I showed you “the One idea” you need to create a thriving business and make lots of money. If you missed that post, go here to read it and then come back to read this.
In this second part, I will be showing you where you can go to create your “one idea”, make lots of money and create wealth out of nothing using the same one idea I showed you in part 1.
Sometimes in 2016, I was invited to feature in a TV show where we discussed the topic: “How To Use the Internet Technology To Develop Businesses in 21st Century”. At a point during the show, I was asked this question;
Will continuous reliance on Technology cause unemployment?
Instead of giving a sexy response, I disappointed them with a bitter truth which was something like:
“It’s already causing unemployment and the trend will continue. Less and lesser human efforts will be needed as technology continues to evolve. Robots, software, and Artificial Intelligence (AI) will phase out the need to use humans. More and more people will be displaced from their jobs as a result.
For instance; I was told by an uncle who’s an accountant that in the past, the accounting departments of organizations and companies were always filled up with lots of personnel in charge of several jobs like sorting of invoices, payment vouchers, and things like that. But now, the same job more than twenty people were doing in those days is now being done by a single person on a laptop with accounting software.”
So if you’re thinking the only thing that’s taking away jobs is economic depression or fall in oil price. You’d better think twice. The jobs that are being taken away by technology is more than any other means.
But that was not the end of my answer. I later put some kind of consoling statements at the end as the way out. Which is as follows:
“…But the good news is this: this same technology that’s displacing people is also providing an enormous amount of opportunity like never before. What people need to do is study the trends of technology and find where they can plug in themselves for opportunities. They should find where they can “create a selling system” in the rising trend.”
The Trends You Should Take Advantage Of
In as much as I like to live in the present moment every single day of my life. I can’t do without looking at trends of things. The trends are what will tell you what the future holds. Even if you’re not totally right, you will have an idea of where to shift and you will never be wrong once you know how to tap the right information from the trends.
If you have not been tapping from the trends, let me tell you the biggest trends in business, digital technology, and the economy.
The Biggest Profits In Any Industry Are Now Being Made Out Of “Selling Nothing”
And when I say “nothing”, I mean it.
By “Selling Nothing”, I mean “Creating sales systems around intangibles”. Things you cannot handle physically. I call these “virtual assets” which are all about “ideas powered by technology”. With virtual assets, you have no stocks to keep. Everything is kept and hosted in computer networks. These virtual assets have the greatest profit margin ever. Once produced, you can sell as many as possible of them. Your stocks never dry up and they are easy to scale.
It’s the New Form of Delivery Powered by Digital Interface
It’s a way in which the delivery of products and services is powered through the digital interface.
Tom Goodwin did a great job to illustrate this trend when he wrote a post about it on Techcrunch that went viral in 2015. Take a few moments to study the image below that gives the explanation of the points he made in that viral post:
Tom Goodwin is senior vice president of strategy and innovation at Havas Media.
This Trend Is All About Providing Digital Interface for Customers to Access Products, Services, and Ideas
Take a moment to think about the interface you’re reading this right now. It’s a digital interface. I created this content once, published it here and millions of people can access it at the same time. Imagine, how much resources it will cost me to do this in the traditional way by going to the printing press to publish this before it can get to your hands.
Imagine the cost of producing a PDF document compared to a traditional paper document. The PDF document is a virtual asset and when you sell it, your profit will be most times close to or even over 100%.
Microsoft has been doing this for years by selling computer software and not the hardware. They made killing profits, dominated the computer industry, and before people knew what was going on, Bill Gates was already the Richest Man in the world.
Apple moved a step further in the virtual asset trend by going ahead to create the Itunes, an interface for musicians to distribute and sell their works to music lovers. Apple has no music studio or produces any music but they’ve been making huge profits from helping musicians sell their works. Not only that, but they also created an app store where programmers can distribute or sell iOS apps.
This trend is what has played into the present days digital economy in what Tom Goodwin explained in his article as represented in the image above. And as you can see in the image, Tom Godwin ended it with the statement below:
Something Interesting is Happening
Or don’t you think so?
Isn’t this Interesting?
These companies don’t handle or exchange any physical product with customers but they are making a killing in profits.
These breeds of companies that are tapping into these trends are the fastest-growing in history. Think of Snapchat, Instagram, Facebook, Twitter, WhatsApp, Google, Uber, Alibaba, Airbnb and lots others like that. All that these companies do is to provide thin layer interface that sits on computer networks that can be accessed by a huge number of people having access to the internet.
Their only major costs are the costs of these computer networks while they make huge profits off it from the interface being accessed by a huge number of people.
There is nothing that consigns them about the falling price of crude oil. They’ve created “sales systems” in markets where people spend money and time whether the economy is good or bad. There is no better business to be in.
How to Tap Into this Interesting Trend
Let’s face it. Like I said in previous posts, you might not be able to create a big interface like these companies.
Because not everyone is Mark Zuckerberg of Facebook or Larry Page and Sergey Brin of Google. Not everyone is going to drop out of school and build a company like Apple or Microsoft.
Maybe all you want is to simply make a great living without the billions like that of Aliko Dangote. Or you simply like to quit your job and make millions to live on your own terms without a boss.
So, what should you do?
What do you need to do?
How do you quit your job and basically be making millions on your own terms?
How do you tap into these trends to create your personal economy and long lasting wealth even if you don’t have a job now?
I’ve told you in the first post. The way to go is to invest in yourself.
Invest in yourself to learn about these trends the right way. It’s then you will be able to position yourself to see opportunities and take advantage of them.
And if you truly want to invest in yourself, I have a special offer that will put you in the right direction. With this special offer, I will empower you with the training that will speed up the way you understand these kinds of trends better and I will show you how to tap into them faster to create your “one idea” or “sales systems” for your personal economy and long-lasting wealth.
If you would like to work with me one-on-one to build your own simple sales system, simply Click Here to join my VIP list so I can invite you to join the special one-on-one training once it starts.
In the main time, watch out for Part three where I will show how to tap into these trends and even make money while you sleep.
Till then…
Take Control, it’s the only thing that pays.
Olusola
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