Ten years ago, most businesses and governments would have had no choice but to continue to operate. Ten years from now, it will be a different story. Like mom and pop business crosswords have made it. The death of business is coming and there’s no stopping it. The only question is how you can best avoid being the victim of the apocalypse.
Business is dying because something better is coming.
-That’s the message I try to project with this blog. When we can take better advantage of free information on the internet, we’ll all be much better off as individuals, and therefore as businesses.
-The predominant way of doing business hasn’t changed much in a century. Buy raw materials, put them through a process to create a product and sell it for more than you paid for it. The abundance of technology makes it easier for us to do this today, but that’s about it.
-We don’t really need business anymore, because most things are cheaper to produce than ever before and the market is more efficient at matching supply with demand than ever before.
-Everything is changing, and business is dying. In its place, a more efficient way of doing business will take over: free market capitalism, or free marketism. There’s a lot of confusion about what this means. For example, taxes and regulations make up a huge part of the cost of doing business in our society today.
-If you think about it from the perspective of the consumer though, it makes sense that businesses should pay for these costs: It’s just compensating consumers for the taxes and regulation businesses have to deal with (and “regulations” include things like not killing people with trucks or poisoning the water supply). A true free market wouldn’t have a lot of these costs because businesses could “externalize” them onto their customers.
How can you avoid the death of business?
1. Avoid business altogether.
If you have no debt or expenses, you don’t need to make money to make yourself “self-sufficient.” No matter how much money you make, you’ll never be able to pay back the debt and expenses of your company. It’s a guaranteed money pit that will keep getting deeper.
2. Minimize your expenses to the point where you can stop before you ever need to earn income.
Do something with your life that doesn’t require any money at all: volunteer service, caring for animals or children, playing musical instruments, etc.
3. Make yourself “self sufficient”
It can be done through your own labor by finding a way to live on far less than you make from business. Your goal should be to be able to support yourself through trades that are fun and lucrative enough that it’s worth spending long periods of time away from your business or family just doing them because you enjoy it so much.
4. Earn income that you can actually keep.
The “income” you earn in a business is much less than income made through selling a product. Business costs are passed on to the customer, but business income is taxed and goes back into the government and economy. What’s left for you is much less than what was originally earned.
5. Make yourself “indispensable”
If you make yourself indispensable, there’s no reason for anyone to fire you or to ever fire anyone because of your work. You can’t let your relationships at work get adversarial. You have to do what’s in the interests of your company and as a result, you’ll become indispensable.
6. Work for yourself
You don’t need to work for someone else if you can organize your business in such a way that it doesn’t cost any money and you can make yourself indispensable.
Business is dying, but it’s not gone yet. Take advantage of the death of business and make yourself “self sufficient” before it disappears!
7. Do more things that are fun and lucrative
This will make yourself indispensable. Do something you want to do a lot and that makes you happy and if it doesn’t bring any money, then you can make money doing it too! If your work is fun, people will want you around no matter how much money they pay.
8. Put up a website, sell your kits or whatever.
Sell or give away something to put yourself on the map. If you don’t have a website or Internet presence, now is a good time to start one and get yourself on the map.
9. Don’t do business.
Don’t run a business: Just don’t do it! It’s not worth your time or energy, and if you’re going to be doing it anyway, at least put yourself in a position where you won’t have to worry about money and be “self sufficient.”
10. Become an artist, musician or something else that doesn’t require any expense.
If you’re good at something and people want to hire you for it, well then, that’s great! But if people don’t want to hire you for it, why waste the time?
Conclusion:
Business is literally dying because so many things are much better to make and sell than to buy or sell. The nature of business is not to sell anything. It’s just about making money for the sake of making money. Business is dying, but it’s not dead yet.
