The digital transformation of the economy between reality and illusion

The digital transformation of the economy between reality and illusion

The word "economy" seems to be common in many vocabularies. many of us use the word to complain about their current economocial situation, and lots of people complaining especially about their employment status. Whether having employment that one doesn't like, or just not having employment in the least , for those in today's world who want change, the power to measure the lifetime of one's dreams has never been more abundant than now, which abundance is merely getting greater as technology progresses, however, the question is, are you able to transition to the digital economy?

The traditional economy which many of us are shifting from is now beaten up, run down, and may be a "thing of the past" for several people that are taking control of their life to form their dreams come true. those that are making that change and are switching from the traditional and beaten-up economy which we had lived in are now shifting to the digital economy which is flourishing like never before, and offers opportunities to anyone, no matter a degree or experience. the sole thing holding those people back from converting to the present digital economy is themselves.

The Four Basic People in Our World

There are four basic categories of individuals within the world which we all sleep in . The four groups of individuals in our world are as follows:

Employees - the most important group of individuals . Being an employee in 2013 isn't an honest position to be in, which positioning will only worsen for people during this group as time goes on, and as more of our world coverts over to the ways of our thriving digital economy. First off, big businesses are going bankrupt and other people are being laid off. The second reason is that each one of the large businesses, and even small businesses, are migrating to the digital economy. The thought of self-checkouts never became a reality until lately. for instance , since nearly one quarter to at least one half all supermarket checkout lanes are now these self-operational machines, that very same respective amount of individuals were laid off, just because they were replaced by our digital world. This group of individuals are a neighborhood of our traditional economy.

Specialist - These people typically work for themselves. Because they typically work for themselves, have it a touch more happy , however, there's little or no leverage for specialists, as there's such a lot competition (competition consistently lowering prices, etc.). This group of individuals are once more a part of the normal economy.

Digital Experts - This group of individuals is our first category within the digital economy, and these people start online businesses. The appealing a neighborhood of being a part of this group of individuals is that you simply have huge leverage. Once you learn a couple of new business principles, it's far easier to start a business within the digital economy than it ever was within the past. Most digital experts who start businesses and are successful weren't born with a old money in their mouth and didn't spend thousands of dollars to urge their business off the bottom and profitable. Businesses within the digital economy can most frequently be started on a shoestring budget.

Publishers - Product owners or creators who create these products in our digital economy are a neighborhood of this group. due to the web , they're ready to grow at an astonishing speed. These people get more and more success, and more and more leverage. These people have far more freedom (financial, time, and geographical). People during this sector can work where they need , once they want, and the way they need , and typically work just a few hours per day to make and sustain a six, seven, or eight-figure income. the pliability of your time , money, and geographics is that the most appealing aspect of being a neighborhood of this group.

The key to merging to the ways of, and becoming a neighborhood of, our digital economy is to first realize the chance within the digital economy, then learn the ways of it, and easily put those ways to achieve the digital economy into practice.

The reason why it's essential to convert to our digital economy is because the normal economy has no freedom. there's such a lot competition and therefore the businesses within the traditional economy are during a constant battle of trying to chop each other's throats to form ends meet and gain little leverage. due to the shortage of leverage within the traditional economy, there's little room for advancement. the opposite reason why the normal economy is so inefficient is because everyone within is trading their time for money, and since there's only such a lot time during a day, most of the people don't want to figure from 9-5 a day .

With regards to the digital economy, it's within the end far more efficient because you're ready to put your business on autopilot, and don't need to be there to manage it, as you'll leave all of the management to technology for the foremost part. the opposite appealing aspect thereto is that with leaving all of that employment for technology, the web allows you to sift through people to seek out those that are checking out exactly what you're offering rather than cold-calling and other similar means of selling within the traditional economy.

More and more people are moving/migrating to the present digital economy which allows all of those appealing benefits to become a reality. there's no reason why you ought to not migrate to the digital economy unless you're simply not motivated enough or don't have a robust enough want for that change to require place.