HOW TO ADAPT TO NEW SITUATIONS IN EARNING MONEY IN 2021?

FROM PAPER MILL

Many, many years ago, a man started a "paper mill" business.

The business went well ... so he decided to start another paper mill

He started another mill. The prevalence was increasing. So he took his friend with him.

His friend was smart. He saw that "power generation" could be a good industry in the future.

That company started generating electricity!

This friend later became the chairman of the company. The company's reach was growing. Looking at that company, many others also turned to power generation. The competition grew.

TO RUBBER INDUSTRY

He told 3-4 companies that we would be much bigger if we worked together rather than competing with each other. And so they started working together.

Because adapting to a new situation!

Next, the company descended into another important industry of "rubber"!

THEN ELECTRONICS

For "rubber," the company found a large customer in the form of the "Soviet Union"; while doing business in the "Soviet Union," the company realized that.

As the demand for "electronics" grows, the company immediately began making electronics products.

It was the time of the Cold War. A covert war was raging between the United States and the Soviet Union. The company was captured by the U.S. military and asked what products were being supplied to the Soviet Union.

In addition to providing this information to the United States, the company also began selling its products.

THEN TELEVISION

The company later ventured into the television industry and grew. It became the third-largest TV producer in Europe.

However, as the consumption of TVs started declining, the company did not hesitate to discontinue the production of TVs.

Now the company was marking new areas of new computers. It was in this area that the company hit hard. Then came the new CEO.

He saw that the company's circulation had grown enormously and cost the company time and money to manage.

The new CEO shut down several industries and focused on a single industry.

The company has made tremendous progress in the areas in which it has focused. It even became the name of the company around the world.

So much so that the company was named in the top five brands in the world.

Since its inception, thecompany has prospered so much that no one has ever thought that something bad will happen to it.

Unfortunately, that did happen. In just the next five years, the company fell behind. So much so that the company came to a standstill ..... because you know ...

.................... because not adapted to the new situation!

THE END FOR COMPANY

It is said that it takes a lifetime to make a name for yourself, but it is a mistake to lose it. In the case of this company, it came true.

Did you notice, friends? Which company am I talking about?

Smart readers will notice that the company we are talking about is "Nokia"!

Learning new things and using them in that business won't take long for you to become like Nokia. 

You can do so many important things in life without any experience, so why do you give lame excuses for not having experience in business? Who said it takes experience to do business? What was the business experience of Bill Gates, Jobs, Tata, Ambani, Mittal, Birla, Warren Buffet? We are learning something every moment. And no, stop giving lame excuses, realize that there are no jobs left, realize that there is no alternative to business, the more time you spend in making decisions, the more you fall behind...

Lack of experience cannot be the reason for not doing business.