Tags - covid-19

Covid-19-career

 

A few weeks into a worldwide shutdown with no end in sight, the COVID-19 pandemic is already looking like the most severe economic event that most of us will see in our lifetimes. Brick-and-mortar businesses everywhere are shuttered indefinitely and earning no revenue, and millions of workers around the world are laid off or furloughed. 

If you aren't working right now - or you're a business owner earning no revenue - things probably look pretty bleak. You already know that no federal bailout - not even the biggest bailout ever - is going to keep you afloat. You need a way to start earning money, and you need it now. 

This article will present a new way of looking at things. If you're blessed with health, and you're at home with an Internet connection and nothing to do, you have an opportunity to completely reinvent your business or your career. Think about it - you're stuck at home. You've spent most of your adult life fretting over the fact that there never seems to be enough time to do the things you want to do, and suddenly, you have all of the time you could possibly want.

It's time to think in a completely different way. You can start putting your dreams into motion right now. You might never have another opportunity like this one.

Not All Businesses Are Suffering During the COVID-19 Shutdown

The worldwide COVID-19 shutdown has led to a major change in the way people buy products, and you may not have noticed the change if you've only thought about things from your point of view as a consumer. 

What's happened? Suddenly, people can't buy everyday products from local stores because those stores are closed. Many of the people who can still buy products locally are choosing to practice social distancing and are ordering online instead. 

Everyone is buying almost everything online. Brick-and-mortar vape shops are shuttered, so people are flocking to online stores like Premium Vape for e-liquid. People are buying food, clothes, toys - everything - online. As terrible as COVID-19 has been for local businesses that suddenly can't earn revenue, online businesses have experienced almost the exact opposite problem - they're turning customers away because they're receiving more orders than they can handle.

Many Local Businesses Won't Reopen After COVID-19

If you aren't already seeing the unique opportunity for career reinvention that exists right now, here's another thing to consider: Your employer may not reopen when the COVID-19 shutdown ends. Here are just a few reasons why that possibility exists:

  • Some businesses will receive loans from the federal government, but in some cases, the loans won't be enough to get those businesses back to self-sustainability. Those businesses will end up closing anyway.

  • Even with loans, some businesses will be financially unable to buy the necessary supplies for reopening.

  • Some business owners were already looking for opportunities to close their businesses and will do so now.

The biggest reason why some businesses won't reopen when the COVID-19 shutdowns end, though, is because the customers simply won't be there. Think about how hard it is to change consumers' buying habits. For as long as you can remember, you've been buying the same things, and you've been buying them from the same places. You've seen advertisements for other companies, but those advertisements have seldom been enough to get you to change your habits; you'd rather stick with what's familiar and comfortable. 

With the shuttering of local businesses, though, COVID-19 has forced your hand. Suddenly, you're buying from online sellers you'd never heard of before. Maybe you've tried creating subscriptions for various products on Amazon rather than just buying things as you need them. Some of your new buying experiences have been great. Maybe you've even saved some money. When the shutdown ends, are you going to resume all of your old buying habits? Probably not.

So, there are two sides of that coin to consider. On one hand, it isn't necessarily a guarantee that your employer will reopen when the pandemic is over. On the other hand, online businesses that grow during the pandemic will probably grow permanently. 

Why the COVID-19 Shutdown Is a Career Opportunity for You

Let us emphasize once again that, no matter how bad the current economic situation may seem, it is also a once-in-a-lifetime opportunity to reinvent your business or career and come back stronger than ever. People haven't stopped buying, and money hasn't stopped changing hands. It's just changing hands online now. The sooner you can figure out a way to start earning money online, the more quickly you can get your cash flow positive again - and potentially reinvent your career in the process.

It's time to get your thinking cap on. Here are just a few ideas to get you started.

  • If you're a local business owner, you may have already shifted to no-contact delivery in an attempt to stay afloat. Since many consumers have moved as much of their business online as possible, though, local deliveries probably haven't been enough to sustain your business. If it's possible to sell your products online and ship them, you need to start doing so right away. You might be thinking that you can't afford the development expense right now, but the fact is that putting together an e-commerce website isn't nearly as big a deal as you might think. WooCommerce is free, and Shopify is inexpensive and includes technical support. Both are designed to be as easy as possible for novices to use.

  • If you're an individual, you can start a business as a product reseller through a marketplace like Amazon or eBay. The easiest way to begin is by reselling products found in local stores. The large online marketplaces are having trouble keeping basic necessities like flour and canned goods in stock. You can easily turn a small but consistent profit by reselling those products, and if you reinvest your profits, you can potentially enjoy sustainable growth.

  • If you have no funds to invest into products for resale, there are still many ways to make money online without an investment. You can start a blog and advertise companies' products as an affiliate. You can create content like videos and ask people to support you on Patreon. You can write and sell e-books. You can stream video games on Twitch. Any of those ideas could easily blossom into a full-time career.

  • If you're just looking for a way to keep money coming in and aren't interested in starting a new career, you can sell a product that's in demand right now but won't be forever. Hand-sewn cloth masks, for example, are selling on Etsy as quickly as people can make them.


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