Hi Fellas, Hope you are doing absolutely fine. I am back with a very interesting and real topic, which is based on the COVID-19 attack on Global Economy. First, we will talk about opportunities. Yes, it an opportunity when unplanned business knocks your door with unexpected profit and revenue which was actually happened 6 months ago, In January 2020 Donald Trump visited India, and Modi Ji was super busy in hosting and take him to the Tajmahal. Corona Virus hits India silently. In February the Indian government finds themselves into trouble when they start getting corona positive cases in India. Okay, that is the moment for those businesses that are ready to take advantage. Hospitals, Pharma Companies, Insurance companies, and Path Labs get ready to en-cash the chance.
Started with Mask, Sanitizer, Antiseptics, immunity booster medicines, and many more products are making a boom in the market and started selling in black markets like Drugs and other illegal products. All entrepreneur who was waiting to start their business that was the best time to start with those products with huge margin profits. Quality, wait who care about quality in coronavirus Era. Now would like to mention a few businesses which are into opportunities or some totally destructed.
Opportunities
Pharmaceuticals, Private Hospitals, Path Labs, Medical Kit Manufacturers, Digital Marketers, Internet Service Providers, Social Media Platforms, Private Formal Schools.
Destructed Business
Co-Working Spaces, Food & Beverages, Cinema, Amusement Park, Travel Industries, Shopping Malls, Private Institute, Playschool, and many more.
Well its a part of business, once you get an opportunity and always a risk to lost everything. Every business should understand this and make sure in mind its a business to be ready for anything. Opportunity or threat never gives you a second chance. But yes for small vendors or shopkeepers or those people who depend on day to day survival, they lost everything they need so much effort and strength to restart that routine business and start their survival. God Bless them.
Thanks! For reading my thought and also let me know your thoughts on the same. Till then Bye Take care. God Bless You All..
Really nice! Appreciate your thoughts.