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Thoughts on the future of business

4/4/2017

11 Comments

 
In our world where autonomy and AI is driving productivity (efficiency) forward, many people fear for their jobs and what the future may hold. Well fear not, my friends. This is the direction I predict the world to move toward.

Despite ever improving efficiency in the commercial sectors, the average person has only received relatively minor improvements to their day to day life (like Roomba's). The internet of things is making our lives increasingly easier but not necessarily more time efficient. That's where a new type of business can come in. Subscription boxes are already taking the modern world by storm because of their simplicity. You pay a monthly fee and you get razors, dog food, cleaning products, toiletries or anything else you can imagine on a timed interval. It benefits companies by creating a more predictable sales model and it takes items off of the public's mind. Let's try to take these concepts a step further.

Remember the milk man? I don't. I was born after they became extinct. For those of you who miss them, get ready for a come-back. Imagine scheduling your meals online for an entire week utilizing from your computer and waking up or coming home to find them at your door step, hot and ready to go. These meals aren't take out - they're meals that are cooked the same way you make them at home. No hidden chemicals or processing for you to worry about. Not only that, the advent of drones make delivery incredibly inexpensive and the huge volumes of orders make the food both inexpensive and as nutritious as cooking at home. For the average person, this would account for multiple hours saved daily. Not only does this system save time for you to do things like hang out with friends and family, but offers the ability to eat healthy without paying over $10 for just a salad.

Another example is in regard to how we think about space. Why do we all need our own things like personal lawn care equipment? The truth is, we do it for the reliability of knowing that it works and is available at any time. However, what if you shared them with a handful of people say... a block of people? I've had the idea for years, but I feel like the perfect solution is to carve out a small piece of land for a centralized shed that the neighborhood block rents from. It would cost a small amount of money, require minimal maintenance (thanks technology), and be bookable through an app. The equipment would be high end, worry free and in the meanwhile, save your garage from having to hold it all and reduce the consumption of materials from building so many lawn mowers! It's a beautiful world, isn't it?

What are your opinions? Let me know!
11 Comments
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6/12/2017 02:18:33 am

I don't have any thoughts about that. I can't predict the future of business.

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8/24/2017 02:53:45 pm

Today, businesses are everywhere. You see them wherever you go because they are an important part of our everyday life. Without businesses, we would not be able to be provided by the goods and services that we need to be able to survive. Businesses will continue to operate in the future because they are the source of our needs and wants. The future of businesses is bright because there is no way that people can give up doing business with other people. They will always have customers because they are a necessity for humankind.

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8/29/2017 11:00:27 pm

I couldn't agree more. I believe that business is all about taking risks. In life, it is either you win or you lose. There is nothing in between. I also believe that there are no negative experiences, only opportunities to grow and learn. There are no mistakes, only lessons. We must keep our optimistic view in life. Let us always keep that in mind.

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12/28/2017 11:27:19 am

About ten years ago, or maybe twenty, people thought direct selling and multi level marketing will be the future of every business. It was really hilarious how people thought something that banks on people's dream of lazy passive income can actually be a success. It's an interesting human behavior and we are one of those very lucky to smell its failure at a very early edition. I have nothing against any of it, I just feel it's destined to fail because they don't have an actual market.

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6/13/2017 01:05:43 pm

This is a nice blog about business. I think this information can help many people, especially the future businessman or businesswoman. When I'm reading your post the first thing that I thought about the topic is that I will not understand this because I'm not a business minded person. After I read your post now I know that I'm wrong. Even though that you're not interested in this kind of topic you can still understand the content. I'm happy that I found your blog. I really do learn a lot.

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8/11/2017 03:02:15 pm

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8/13/2017 07:30:44 am

Why you are so sure about it? I think it's a reasonable prediction, actually.

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8/22/2017 05:48:35 pm

That's why I'm always trying to bring something new in my business. Just because I want it to have future!

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8/22/2017 06:07:24 pm

Well somehow I got to read lots of articles on your blog. It’s amazing how interesting it is for me to visit you very often.

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8/29/2017 10:57:30 pm

look what you made me do.

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    I like thinking about the future and business ideas :)

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