Monday 23 January 2017

"See The Future Of Business In Nigeria"

Change, they say, is the only constant thing in life. Change will continue to evolve in all sphere of human endeavor because mankind is constantly looking for new ways to improve life.

A research study once revealed that knowledge doubles itself in every field every five years. If you are therefore not on the lookout for the new emerging changes, you may become obsolete like an outdated software.

See for instance how change has occurred in these two fields below.

1. Money:

Money is simply a medium of exchange. Before the advent of money, the world engaged in trade by barter where you need to look for someone who has what you need and needs what you have. Imagine you have rice but couldn't find someone with kerosene. Serious hunger is loading.  Then, the world moved to the use of materials like cowries. It cancelled the problem of trade by barter.

But before anyone could blink an eyelid, coins became the reigning currency. Soon again, it has been substituted to currency notes which we use. Some now predict that the world is heading to the use of crypto currency. One thing is constant here: change

2. Production:

When it came to time to produce goods, people thought they could produce on their own. Soon, they recognized that they could not do it alone. There were just too many stages that needed handling and supervision. This made possible the employment of people in large numbers. Before the world got comfortable with this, there was a change to the use of machines instead of humans. I mean, machines do not collect salary, do they?

3. Business

Now, there is the world of business. It is currently undergoing its own change.

Business initially was about what you can do to make money. Time constraints and other factors led to change where people now work for others to earn a salary. This is also changing gradually as the new phase where business no longer requires physical presence is in place. I'm talking about online business. With an online business, you do not need to pay rents, pay salaries and the likes. There is nothing like delay in salaries either. You do not have to strain yourself in the traffic or sun to make money. Your computer or mobile phone is all you need. You are your own boss and you work at your own leisure time. Awesome, right?

A wise man said, "if you want to be rich, do not do what others are doing, do what others will start doing in future". The online world is the new face of business and is open to everybody. Those who take advantage of it early will be the biggest winners.

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