Opportunities Created by the Pandemic

[vc_row][vc_column][vc_column_text]If there is one thing we learned this year from the pandemic that radically changed our lives, it is that nothing lasts forever, whether in business or in life. Companies come and go, people come and go, industries rise, flourish, and disappear. But the opportunities created by the pandemic are real.
Most of the news in the U.S., Mexico, Canada, France, the United Kingdom, Spain, and elsewhere tells stories of businesses shutting down and dying industries, yet it never focuses on how much the global economy has shifted into a new era.
Much of the developing world has turned to tools it was still reluctant to adopt, specifically: REALLY making the most of the internet.

First of all, we all know that medical supplies skyrocketed early this year, creating demand for many products to be manufactured by new emerging factories. I myself started a pharmaceutical company right before the pandemic was declared; it produces face masks for sale worldwide. But it was not only the pharmaceutical industry that grew this year. By looking more closely at how our spending habits as people have changed, we can identify opportunity niches to create new offers and businesses that make money. Remember: always look for the light in the darkness; do not focus on the negativity.

Sponsored*

WHICH INDUSTRIES ARE GROWING STRONGLY?
And how can I take advantage of them to make money.

1. Online grocery shopping

With growth of 78%+, online shopping, especially groceries, is the winner of the global economy. Having to stay home for weeks or even months without going out, this industry grew dramatically in 2020.

• How to take advantage:
  • You can sell products you make yourself at home or in your company on platforms such as Amazon, Walmart, Costco, Cornershop, Mercado Libre, Rappi, Uber Eats, etc…
  • You can form alliances with producers to sell on various specialized platforms that are already well positioned online.
  • You can open a budget kitchen that sells through food delivery apps.
  • You can create a delivery and logistics company to make it easier for sellers to get products to their customers.
  • You can consult for emerging web businesses and teach them how to position themselves to increase sales.
  • You can sell your digital marketing services to push emerging products or platforms.
  • You can invest in industrial warehouses to store products for large companies like those mentioned in point 1 and collect rent.
  • You can invest in industrial warehouses to resell them to companies like those mentioned in point 1.

As you can see, online grocery sales are not limited to one opportunity to sell those products. They open windows of opportunity even in real estate, digital marketing, and several industries indirectly connected to online shopping. Do not limit yourself to the obvious; always look for where you can improve a piece of the puzzle and you will get a piece of the pie. Tip: with the fear of getting sick, people are now looking for healthy food. Think about it.

2. 3D printing services and rapid prototyping

With growth of more than 35% so far, rapid prototyping and 3D printing services have seen a highly interesting progression in the 2020 market. This is because many suppliers suffered from Covid health measures and could not expand in time or to the level required to meet demand from the different markets these fast services can cover. Many people started producing their own supplies in 3D, or buying from entrepreneurs who prepared for this demand.

• How to take advantage:
  • Buying 3D printers and selling prototypes of medical supplies that are printed and more durable than disposable masks.
  • Selling 3D printers, becoming a distributor of recognized brands so you can make a large amount of money.
  • Renting spaces to 3D model producers so they can have the infrastructure to expand production.
  • Buying and selling supplies to 3D model producers.
  • Becoming a distributor of 3D printed products.
  • Selling your 3D printer maintenance service.
  • Selling your engineering service to invent new products the market needs.

3. Stock market and cryptocurrency investments

Looking only at the U.S., the stock market and commodities have seen an increase of more than 29% this year. Granted, it is variable and highly unstable; that is precisely why there are many opportunities. The basic principle of investing in the stock market is to buy low and sell high. With so many fluctuations in the markets, it is not impossible to walk away with more than 40% gains with the right strategy (and the guts).

• How to take advantage:
  • If you have a broker license, sell your services to friends, clients, and family. They will thank you.
  • Take advantage of the exponential growth of companies such as Amazon, Tesla, Microsoft, Facebook, and businesses related to online sales, online communication, and everything that has risen since countries were forced to put their populations under quarantine.
  • Read about cryptocurrencies and discover a world beyond Bitcoin. There are more stable coins with more interesting percentage growth than BTC.
  • Sell consulting services on these topics.
  • Create an app or website that simplifies transactions for users who want to invest.
  • Create an online course to teach newcomers how to invest.
  • Invest in digital mining technology in pre-sale to resell it at a higher price.

As you can see, crisis or no crisis, there are always ways to get ahead. The opportunities created by the pandemic are real. It is a matter of analyzing where the opportunities exist and adapting your business (if it already exists and is suffering from the crisis) or creating one on the right foundations. If you lost your business this year, do not worry; it is part of the risks, but bankruptcy is not the end of the journey; on the contrary.

My company CPF Francia was unable to sell for months because of the pandemic; 60% of my client base closed, and instead of paying employees for nothing (they could not work under dry law and quarantine), I put them to work moving medical supplies, and from that CPF Pharma was born. CPF Francia is recovering very slowly; we almost closed the door and threw away the key, but it is still here because thanks to this entrepreneurial vision, the commitment of the partners and employees, we offset the losses with an activity that had nothing to do with our original line of business.[/vc_column_text][/vc_column][/vc_row]