Tuesday, 20 August 2019

Economy is not struggling...the business models are changing.

Below is a very interesting insight :

Often heard nowadays that " _indian Economy is struggling_ ".

Sit back & dispassionately think "is the economy really struggling *or*  are business models struggling ?

Some food for thought:

1) Car sales are going down... *but Ola / Uber are rising.*

2)  Restaurants are going empty... *but home delivery is rising*

3) Traders are struggling *but online market sites and reference based direct selling are breaking all records in sales.*

4) Old commission based businesses are snivelling... *but online services, at low cost, are finding takers.*

5) Cell phone bills have reduced & *internet penetration is increasing.*

6) Stable (read "Govt Jobs") are dwindling *but "Start up" jobs offering equity & Flexi work time are expanding.*

7) Jobs seekers are reducing but *job creaters are on the rise*. Working 40 hrs a week for 40 years is trend of past. *Working for few years and spending quality time in contributing to society is the trend.*

If truth be told what we are experiencing is a transition phase.
& Any transition is painful for the "well set"...... "the masters of the past".

*_It's challenging for those who's business models are based on ancient data...._*

It's a mystery for those who have never looked beyond traditional methods or have assiduously resisted change of any kind.

Economy is not struggling...the business models are changing.

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