The globalized marketplace has changed so much that millions of workers and business owners are struggling to keep up with the changing times. The marketplace now consists of billions of workers, many of whom are able to telecommute, and work in multiple countries from anywhere in the world. Employers seek out skills from not only their local community, but from around the globe. Millions of workers still struggle with this fact and have been slow to adapt. Worse, with rising debt across the globe, nations are forced to extract more wealth from producers, making it even more difficult to prosper. Inflation of the money supply only amplifies the problems. The U.S. dollar is worth only 3% of what it was back in 1913. So what needs to happen? Who will make it in the coming years and decades? Here are my predictions about who will thrive in the new economy.
-Business owners who are intent on taking their customers to the next level. Also, employees who will take their companies to the next level will thrive. As the competition for great labor increases, employers will look to hire only those that can further their businesses. They will not spend time training average employees.
-Those who do not have to be told (or reminded) to perform tasks required of their job. Those who perform at a high level are those who do not need to be told what to do after they have been trained. They instinctively know what is right for them and the marketplace.
-Those who would wake up early, work late and grind out hard work rather than party with friends. So many people believe their job is not part of their “real life,” so they don’t play full out and make excuses for why they don’t succeed. I’m here to tell you that as long as you’re working, your job is part of your “real life,” so show up early, stay late and outperform those around you.
-People dedicated to self-improvement. The marketplace is not welcoming of stagnation. Only people who want to go to the next level will make it.
-People who get obsessed with delivering value to others. Those who love their clients, coworkers and purpose will thrive.
-Individuals who work harder than they get paid for. If your boss says work starts at 9am, those who show up at 8:45 will find they still have a place in the business when and if cuts to labor are necessary. Those who show up late will be cut without hesitation.
-People who seek out opportunities—to invest, to grow, to have more responsibilities. Those who are okay with the status quo will be left choking on dust of self-pity and regret.
-Those who read daily to improve their skill set, enhance creativity and build the discipline of study will do well.
-Those who sleep when they are done, not when they are tired. I find that many people today would rather sleep, drink and party than go out and take action. Rest is fine, when you are done. Rest is not the reason you were put here on Earth. Although it feels good to stay in bed, what does it say about you if that is your favorite thing to do? Not much.
-Those who hold self-reliance in high regard. The highest form of success is truly self-reliance. It’s a lost art today, but it must be instilled into everyone that they must produce in the world so that others and themselves may benefit. The real way to love your fellow man is to work hard to enhance their life by performing in the marketplace.
-Those who play full out, with massive energy and positive attitude. These are things that all employers, lovers and partners are looking for.
-People who pride themselves on doing better and adapting themselves every single day. Our globalized marketplace changes so often and sometimes without notice, only those who seek to do better every single day will be able to adapt quickly enough to succeed.
-Those who do not complain about what is happening in their life, but instead work daily to improve upon the things they can change.
-People who smile and show up well dressed and ready to work. Rolling out of bed, looking like a slob will not have a place in the new economy. Unless you are a genius hacker or coder, I suggest you shower, put on decent clothes and make it a point to smile. I’ve never seen someone not get the job for dressing too nice.
-Those who surround themselves with people who are better than they are at something. I believe firmly that you become the sum of the five people you most associate with. Could it be that it’s time to be a bit more discerning about who you spend time with?
-Lastly, those who are obsessed and have a purpose. Only those with some form of obsession towards improving themselves and hitting goals will make it in the new economy. Those who are indifferent, would rather hang out with friends, be distracted and watch TV will be left behind. They will always wonder why others are doing well while they struggle.
That’s my list. Maybe it’s time to evaluate where you are. As a business owner, I know that I do. I never stop thinking about how I can evolve. I suggest you do the same.
In liberty and health,