Although this is more of a broad business, technology and investing style post rather than my usual marketing posts, I just wanted to do it to give people an idea about what I do with my time (outside of marketing). Technology and investing are 2 huge passions of mine, over the past 3 years I have invested close to a million pounds through different forex, stock and even spread investing channels. In the same time my expenditure on technology and more importantly business tech has tripled! I love anything that makes business more efficient and nowadays that is usually a new piece of tech! Below are 3 things I see happening to business in the next few years!
Speed
Over the past 3 years something has become increasingly clear… We are getting quicker and quicker. Whether this be in terms of making decisions, buying things, getting things delivered or simply getting bored! As a species we now have an attention span of 2 seconds! That’s less than a goldfish (3). But what does this mean for business? Well essentially it means the following – “If you are not fast moving in your business, then you will struggle. Technology updates are coming at an alarming rate, but more importantly the way in which technology is used and adapted is what’s different.
One product I am still absolutely amazed by is drones. These used to be huge government spy units back when I used to think of the terms, yet nowadays a drone is this tiny aerial unit that you can purchase for a couple of hundred pounds that takes HD steady video and pictures from stupid distances and insane qualities! The technology itself is nothing new, but the way its become consumer eligible so quickly is quite scary!
Investments Change
More specifically the way investments are made. There is another housing and financial meltdown coming, as much as it sucks to say it, it is going to suck even more when you are not prepared for it. But luckily tech is going to help us overcome it. Let’s take the last meltdown, what happened? People lost a lot of money, but not if you were quick. The technology I am talking about will help people (not just the extremely rich) to get out of a bad financial position early enough to make it through a financial crisis profitably. That’s personal investment, business decisions and loans!
Businesses Actually Change
I’ve invested in a business that provides betting advice to people in return for their email address. I love the business and the people behind it but if I really think about it, should I be doing this? Nope. I should be focusing on individual specific things.
Businesses Adapt or Die Out
To sum this up in 28 seconds I will embed the video by Gary Vee – One of the most outgoing and upcoming business and investing giants. Owning a 100 million dollar company and probably more than that in investments now too.
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