Jobs For The World

 

In The World 

 

To begin with, everyone in this world is essential to each other or certain others. Below are the simplified segments on how everyone in this world (society) is giving out values without us even realising; 

 

No. 1 are adults, they are essential to drive the current stage to the future. 

 

No. 2 are youths, they are essential with their wild ideas for future progression. 

 

No. 3 and the most essential key in society, the elder-lies, are essentials for their wisdom and guidance. 

 

In The Company 

 

Now we will dig deeper into the company demographic, employees working for the company owner and vice-versa company owner working for employees. How? We may always think of employees' jobs to drive the company. However, employers are working to steer the company for more profits to pay salary and hopefully bonuses too. 

 

To explain further, what separates these duties (or jobs) is the level of weight of the responsibilities. Some employer jobs may require less physical effort, but, they can be tasks that are complicated and require a high level of thought process. Hence, these types of jobs are at the highest position in the command chain and are crucial to making the most suitable decisions for the whole company. 

 

However, the employee's jobs are essential too to move the company from the thoughts to actual executions and implementation. Big companies with bigger workforces can execute faster with bigger successes, while, a smaller company with everyone (including bosses) working together at the operation may execute with smaller successes. However, all big companies were once a smaller company. It's all about the exponential growth of many successes with how the employers (leaders) make efficient with their team (human resources). 

 

Generally

 

There are no humans without duties. If some don't have jobs, the world will depleted of resources that require skills. However, it's everyone's choice to demand the rewards for the duties that they can provide, and some don't ask for a return. 

Forms of Trading: Direct and Indirect

 

Trading is the exchange of values. Whereas, charity is the giving of values. Today, we will look at the two types of trading; the first one is Direct Trading and the second one is Indirect Trading. 

 

 

Direct Trading

Direct Trading is where both parties directly exchange values (money, products, services etc.). And, either or both parties get their benefits (or profits). The benefits of this, where both parties have control of the exchange activities and know how the activities are conducted. 

However, this type of trading does not have leverage, which limits the potential outcomes of direct trading. 

The advantage of direct trading is the control. The control; prevent more failures when times are bad, to move the values quickly for other parties in different industries, and the overall profits. 

Indirect Trading

Indirect trading where activities made by other parties that are involved indirectly in the above Direct Trading. This can be dangerous to let autonomy for another party to do direct trading, and most of the time not fully aware of when and how the exchange activities been made. Furthermore, need to depend on the other parties from the same side to get the desired benefits from the outcome of the direct trading. 

On the bright side, these trading do not limit with high possibilities to leverage many other parties. Which results, in limitless potential of outcomes. 

However, indirect trading can be terrible because of its wide reach for quick control. No control over; overall profits, overcomes failures, and without knowing where values go. Which can lead to lesser benefits (or profits) than its actual potential. 

Conclusion

These types of trading can be selected depending on the financial backup (which will be discussed more on this). Maybe, indirect trading can be made for larger outcomes with a high potential risk of losing all, but still have their back pillow to fall from other solid direct trading. 

 

RELATED:  "Everyones' Achievable Passive Income Goals Need To Be Set Earlier"

 

Do Ink Pen Require Now For Digital E-Signature?

 

 

Do ink pen sales drop? As we can see now.., we no longer need to sign any receipt after making merchant payment.

However, at the same time, we still see a shelf with full ink pens at the convenience store or stationery shop. Furthermore, they sell so much for who to buy?

Nevertheless, now students no longer write notes in class, but they can focus on the lecture with the already given print-out. And, with the accessibility for computers, the students can save all the digital notes on their computer, instead of copying notes in written form in the library. Not to stop there, the students no longer need to study in the library as they are accessible to the internet to access the online library.

Hence, we are aware of this revolution that some physical products have been replaced by new digital technologies. Therefore, a company should know and focus on the 'value' that they are trying to deliver after many years with successful sales performances. And it can deliver in any form not only physical, with the help of technologies that have been discovered and created over this digital revolution era.

Established companies with manufacturing plants that have been selling their physical form of products at stores and markets, should take this digital wave opportunity to deliver their company value in a new form that can give more practicality.

Hence, consumers move to new similar products that offer better practicality aspect. This is “innovation” - to change for a better customer experience.

Humans never settle, over time we will look for better alternatives to improve our everyday life. Such as, we want to go to work at a location of 45 kilometres away from home in 30 minutes instead of 1 hour. Soon, we want to go to work in 15 minutes and later, we want to travel to work in 5 minutes.

The needs are the same, but solutions to serve the demand changes overtime to keep up the level of customer experience as human needs that change.

RELATED: 'KEEP BEING RELEVANT OVERTIME RATHER THAN STOPPING THE INDUSTRY DISRUPTION'

Niche vs General Offerings (Product or Service)

 

 

Some products or services that are made or served for almost anyone which is called “General Products”, and, there are products or services that are made or served for a certain demographic which is called “Niche Products”.

Since General Products have a higher volume in sales, these products can be sold at a thin margin and still able to cover the cost.

Niche Products are made to sell at a bigger margin since the sales are less frequent “seasonal” and these profits will be needed to cover the company operating expenditure (employees, transportation, utility etc.) when the economy is slow down.

General Products have unlimited expansion opportunities, whereas, Niche Products are limited in expansion. However, this does not mean Niche Products are not sustainable.

The same goes for General Products, doesn’t mean they are “solid” and sustainable. When there are massive demands, there will new competitors enter to capture the market share opportunity. Nevertheless, there will be a new competitor with innovation that is more efficient and can replace the existing products. Sometimes, innovation can be cheaper to be made and can benefit the customers economically.

Niche Products can be sustainable if they are positioned in the right location and able to deliver the messages to the right potential audiences through correct marketing.

Niche Products that are sustainable “evergreen” usually carry a sentiment value of the brand. For example, the brand Harley Davidson, even there are many affordable motorcycles brands from Japan, Harley Davidson still survives after many years and till now. The brand symbol “strength”, and “unity” with a sense of belonging.

Niche Products are usually new and only have demand from early adopters. However, over time, with the growth of brands and their influences, it can be general products soon. Not only that, they are known as a pioneer brand in the industry. For example, Tesla will always or for a very long time, known are the pioneer of electric vehicle brands even other there are more other automobiles brands in the industry.

 

 

OPEX vs CAPEX -Driven Business

Traditionally businesses then require massive initial investments to start and take off to their forecast (or bet) potential. Now with the adoption of internet technologies, businesses only required lesser initial investments and can expand accordingly to the response of the market. It is OPEX-Driven, while traditional businesses are CAPEX-Driven.

There is a stigma of the "current-time" business model that the investor looking for are only OPEX-Driven. We can see this philosophy apply especially in the incubator programme. Why? There are lesser risks as the investor can give out funds by stages according to the business performance. The business only required a certain amount of investment to capture a certain size of market share, and later the investment gradually increases as the business is able to prove its ability to capture the market share as they grow.

CAPEX-Driven are higher with risk guided with the economic model based on just assumptions. However, sometimes large CAPEX initial investments are required for certain industries which are mainly at the top of the supply chain which involves extraction, manufacturing and logistic. Since the hardware technologies that are required are advanced and difficult to be made.

Therefore, the decision to be made in new ventures are based on our ability to afford the risk. To be at the top of the supply chain have their advantages, mainly lesser competition compared to being at the bottom part of the supply chain. Hence, once our CAPEX-Driven is able to prove its sustainability, which usually reflects its sustainability for a very long time.

However, including myself, we need to start with the OPEX-Driven ventures, as an example scenario, the burger flipper should rent the burger stand rather than purchase it as his “asset”. Why? At the bottom of the supply chain, where the businesses are more customer-centric, are required to be agile to adapt to the market behaviour/response and the competition. And later as we established ourselves as a preferred brand in the particular industry, we can grow and increase the CAPEX. Basically at that time, we can afford risk while maintaining the ratio of high OPEX and low CAPEX business.

Soon, as our OPEX-Driven businesses perform with a steady cash flow, these can protect us as insurance when taking the risks of investing CAPEX-Driven ventures. CAPEX-Driven businesses have fewer competitions to face in their landscape which able the businesses to capture massive market share.

RELATED:  "AVOID COMPETITION BY STARTING TO BE THE ONE"

Keep Being Relevant Overtime Rather Than Stopping The Industry Disruption

As we know there are no limitations in terms of advancements in this world. There are no tools that are already enough and haven’t changed for twenty years. And producers that are dominating in the industry and have got comfortable will be defeated with newcomers (startup) that offer better ways in value delivering to the same mature market that already looks forward to change or betterment. Humans never settle even the products already good enough. Hence, with the right recipes, the newcomers will disrupt the industry and take over the whole market. As an example, Apple stole Nokia and Blackberry users almost completely after they introduced full-screen smartphones by removing the traditional keypads.

Who would have thought that a phone without keypads will be more useful right? And same goes for Apple, we never know what the future will be, either a startup or Apple themselves will offer new disruptive technology to replace their flagship products completely. It is better to stay in the lead for centuries.

As a company, we should never get comfortable, as a market leader with massive resources that we have built, we should already be aware first! of the potential for completely new products to be made. This is why we see in the smartphone industry, the manufacturers are always launching their new products every year with new features. The smartphone industry is the fastest growing industry as now phones have become like a computer-in-hand and as a tool to generate revenue. And the brands are racing to be the first in introducing new and better features.

RELATED: 'AVOID COMPETITION BY STARTING TO BE THE ONE'

As discussed in the related, it is better to stay in lead as the first company that disrupts the industry and quickly capture the massive market share. Because when a company let other new businesses compete for the opportunity, this will create a never-ending draining resources competition. Therefore, companies like Apple or Tesla should always be in the lead in the industry to innovate and as an example for the rest of the industry players. For startups that offer better products should be supported by these established companies in terms of financially and other resources for development. The market leader should be the industry main investor and enabler for startups to create new potential disruptive products as subsidiaries.

Avoid Competition By Starting To Be The One

Now with the internet, everyone has access to information and to the market (consumers). When there are traffics shown as in statistics, this shows demand, which shows opportunities for new businesses to enter to have some of the shares.

However, when there are many businesses with the same offerings in the market may not be sustainable in some ways. Especially for the pioneer businesses will face difficulty to stay leading in that market segment.

We do not support monopoly business, but in the current era where duplications can be made easily, this will not be sustainable for some. So how to make our business sustainable and untouched by the potential competitions?

Therefore, when we find ourselves in the emerging industry, where at the beginning not many ventures (competitors) in this unknown feasibility industry - If we believe with our products or services or contents, just keep being consistent! Because consistency will create the result of compound growth as the industry has started to reach its peak.

At that time, we with the opportunity of having resources, networks and ahead of time – keep staying in lead! This can be learned from PayPal and Tesla, as they keep expanding at multiple rates when the industry starts to mature. Because they want to accelerate their growth which creates their brand to be prominent in this new establish-emerging industry in people minds. In other words, when people think about trendy useful products or services, they will think of the brand. Hence, we want to be the brand of the industry.

The competition occurs when emerging industries matured and consumers are seeking alternatives in terms of prices and better offerings. If at that time, we still have a fraction of shares in the potential market valuation, this unchallenging environment will let other new businesses enter. Wherefore, we need to grow rapidly and create challenges “healthily” for other new businesses to keep up.

Yes, it is valid to raise high funding because we will need a massive team to support the company to be able to achieve multiple rates of growth. Don’t expect higher productions with the same amount of resources (workforces and tools), so don't limit them because time is our limitation.

However, don’t be settle when we hold as the market leader. There will be disruption from new businesses with completely different ways of offerings. This will be discussed later... 

RELATED: 'KEEP BEING RELEVANT OVERTIME RATHER THAN STOPPING THE INDUSTRY DISRUPTION'

Are Universal Incomes The Solution?

The world will be fully relying on automation that will replace humans jobs almost completely. There will be only a few jobs left for intelligence roles to set up the automation algorithm, to make a business model and to lead the business operation which mainly will be operated by technologies.

But how about others? These few jobs will be very competitive and not for everyone. Without jobs, how people can earn income? Therefore, the country should give universal incomes for the society as the country is able to generate incomes from fully-automated productions.

Maybe we think that this will equalize society incomes. However, trading activities will be a new norm later as everyone will bet their universal incomes for future profitable business activities. People betting on their universal incomes to improve their level of lifestyle among the society by earning the dividends. This is taking into consideration that there is already a law to control unnecessary manipulative tradings activities.

Taxes may apply heavily on any transaction than ever before since not only the government but even the society earned incomes from taxes. These will create a unity between everyone to help each other by strengthening the policies to make it fair for everyone.

For businesses, especially the owners may majorly have their incomes come from business profits. Nevertheless, this is still a fair system that can be implemented as everyone have equally monthly incomes (according to age and number of family members) to live at least comfortably. Hence, expecting that the highest sales businesses will be the ones that selling basic consumer products. And on the other hand, some entertainment businesses will make among the lowest sales as the universal incomes are just to support the only basic needs.

However, the population will always grow and the technologies will keep improving to satisfy these growing demands. Over time, as the evergreen economic model is the business will soon be able to recover the initial capital investments and later need to hire intelligence such as scientists to find a sustainable substitute and hire more engineers to create technologies to increase their productions.

From the “high taxes” policies that already will be implemented to give people universal incomes. As the businesses grow and make bigger profits, simultaneously with the same percentage, more taxes will be earned as well which the government can give higher universal incomes after including the inflation.

Yes, universal incomes can be a solution, just need to be structured with strong policies around it and good implementation by the government.

What Else We Can Rent Out?

We want to own anything, we want to own necessities, because with these resources we have the power to give and others may willing to give anything (that we value) in exchange for our resources. Such as the landlord give out room spaces in exchange for the rental fee. Yes, by disowned and sell the property the landlord can get quick cash, but rather, the landlord may be able to get more by letting their spaces over time.

Therefore, we are here to discuss what else carry the same value as properties or real estate? They have some distinct characteristics; their value increases over time, people prefer borrowing them than buy them, and they are part of the human basic of needs.

We may need to be lenient here, some other assets may decrease in value but they can generate income over time and can even cover the initial investment. For example, with the gig economy era, technology enables people to commute by car-pooling with strangers’ cars. A driver can generate income in exchange for sending the passengers to destinations. Over time driver can pay off their vehicle loan while still having money left for other necessities.

And later, using the same e-hailing case, when a driver has collected tonnes of savings, he can make a loan to buy few more cars and start a car rental company. This is by exchanging travellers especially tourists to have vehicles to drive around with rental fees by hours.

Hence, with this incredible proving business model, we should not limit rental income from properties only. We can also let people borrow our time to teach them about the topics that we have expertise in. Our expertise can’t be transferrable bought over but only can be learned over time, if certain expertise is scarce, this will increase the tutoring value. Besides, expertise and knowledge are the lowest cost of investment but may be time-consuming to prepare and be an expert. However, expertises are like wine, if they are still relevant, people will want the older wines or in other words, the one that has the most experience will be valued the most. Subscription is the solution to expand the business and still be able to keep control of the intellectual properties.

Not stopping there, we can even create values and let them out in exchange for fees. Value can be a physical form or a service. Hence, this discussion today is to not limit us to thinking of only properties that will be the rental income source.

To Learn From Engineer On Constant Improvement

Engineers are taught and trained to keep improving on any given matter that they need to focus on. Basically, engineers daily life is to not get settled on the present tools or technology. Without engineers, human quality of life will not advance forward to the fullest potential. Even the fullest potential is still unknown.

Engineers are never meant for only given individuals through formal education, everybody can be an engineer! Chef can engineer on how the recipes can be better, Teacher can engineer the syllabus to be more interactive and understandable by the students, Business Owner can engineer their operation to be more productive by enabling the staffs to work together efficiently, Prime Minister can engineer the policies to catalyst the national economic growth, and the list goes on.

Everyone can engineer their lives, their tasks and any activities. This improvement process activity is to make our lives move forward and we will never get bored by being settle and stick to the same unproductive routine forever. There are more drawbacks to being settle than advance-forward, feeling stuck will lead to a negative impact on mental health. Humans by history and nature since the stone age, we are an explorer!

The benefits of keep improving even we feel things are already enough. Such as, significantly, we can cut down time doing boring unnecessary things. Time is precious and we should do other fun activities with family, friends and society. A couple of decades ago workforces don’t have weekends and the children were also required to work to support the production demand. And now, the children are no longer to work and the fathers are able to spend more quality time with family on the weekend while being able to support themselves even working for lesser hours. And soon society may not need to work anymore as we are going to the automation era.

The fundamental to improve things like an engineer is, firstly, we need to observe the subject weakness and strengths (features). Secondly, we need to look at the surrounding environment and how it will impact the subject. We can control the environment, but controlling the environment may not be justiceable as we live together with the rest of society, it’s not easy to make everyone happy. Hence, it is easier to focus on improving or modifying the subject to adapt to the environment.

The same goes for other non-physical items, we may need to tailor the process or steps. Not limited to that, also in the political arena, we may need to change the idealism to satisfy the majority. And improvement will never be enough but surely it make things getting better.
 

Product / Service: Hype vs New Necessity

Image source from supremenewyork.com

I’m curious about how the consumer reacts to certain products. Some hype products receive a lot of attention as soon they are launched, and the other, some new-necessity products receive slow attention from the public at the beginning and then soon take off well.

Hype products are usually tangible to the brand. Brand carry status or symbol of community, which that said, people want to feel “fit-in” in the maybe fabricated perception towards the group of society that shows the high level in something and influences.

New-necessity products are innovations of already existing products that people feel used to them. They feel used to these products till they don’t appreciate the products anymore and they don't feel is there anything that can do better than these existing products. For example, household appliances and other technology.

Hype products are just a phenomenon where very soon the sales will drop to zero. Hence, hype products are not sustainable ventures but just for quick revenue to invest to create in other new hype products. These required a team that are creative and consistently looking at new trends to influence again. Such as fast fashions, electronics gadgets, entertainments like drama series and so on.

New-necessity products are created to make people lives to be more productive with the products’ useful features. However, since the predecessor products are already useful and people have comfortably adapted to use them, this makes the new innovations slow to take off and only early adopters will try them out first. Such as for example, electric cars like Tesla. This type of products are designed to be sustainable which the sales at the beginning may not be exponential rise but as its cross the same level of sales as the pioneer existing products, these new innovations will keep increases in sales and take the entire market share as the late adopters start to buy these new products.

What makes new-necessity products are slow to rise in sales at the beginning, majorly because of the price of the products. New technology sometimes required a whole new supply chain tailored to support this line of products. Besides, the new technology are not for economies of scale since the company know the slow response from the public, therefore the new technology is made at the beginning in high quality for the niche core market with the demand that already looking for these type of products.

Hence, both of these hype and new-necessity products are created with these phenomena in mind. And we at the beginning need to know what will our products brings to the society as are they for a seasonal or long-term venture.

It will be great as the new-necessity products will be no longer “new” and already established, the company can introduce seasonal hype offerings or products to support their long-term core business. And these supplement initiatives will keep the existing fans or customers not get bored with the core products.  

How To Control The Real Estate Price

Real Estate, is the foundation of anything, and any necessities require the foundation. Even other non-necessities such as entertainment of some sort require the foundation.

However,.. now the price of real estate has skyrocketed high and not at par with the slow rising or stagnant of labours’ incomes growth over the years. Which make people can’t afford homes anymore.

Since real estates are the foundation for shelters, and shelters are one of the most important humans’ basic needs. These make landlords marked up the price uncontrollably to enjoy a large amount of profit. Not only that, the landlords also have set high rental rentals followed by the rest of other buildings across the street which leads the people to have no options other than being homeless.

With the trend of many employers starts to loosen up and let their employees work at home most of the time, this will create a phenomenon where people are starting to move out of the city since they don’t require to travel to work every day anymore. They are also able to save up by enjoying the low rental properties or buy more affordable houses outside the city. Furthermore, they can enjoy a less congested life compared in the city where everything needs to plan ahead with taking into account the time will be stuck in the traffic.

Positively these can increase the economy of the suburb areas and more opportunities for small businesses to increases their revenues. Besides, people can be healthier physically and mentally with a less concrete environment and breathe in less polluted air.

On the other hand, since will be more people moved out of the city, the properties values in the city will decrease to reasonable prices or rates. Together with the policy enforcement on these ridiculous marked up properties that make many people homeless or having not enough food on the plate, societies also need to spread around the countries and to spread out the real estate values equally and accessible.

The Future Of Blogger

Blogger is a pioneer opinion-sharing platform that enables freedom to publish to the world via the internet.

Over the years, bookstores and libraries have lesser visits and the internet have more searches. This is because the internet has given the convenience for us to no longer need to go out to get access to the information.

Blogger or similar writing-sharings platforms are popular for a like-minded community to follow the author or we called them “Blogger”.

Bloggers are medium to share and influence people through writings, however, now with video sharing platforms such as YouTube, enable the easability and more engagements from the personnel expressions.

This may lead to decreases dependency for people to get information from free writings, therefore, bloggers need to change their writings from formal literature to leisure literature. As we know, there are more Manga (comic) fans than Anime (animation) fans, and actually, animations were produced based on the comics.

Hence, bloggers should be the primary aspiration for YouTubers to recreate it in video forms. Bloggers should be authentic to create a loyal fan base that value the bloggers' idealisms and sharings in the specific niche of topics or anything about the bloggers’ life.

All sharing platforms such as photo, video or writing can reach different types of audiences. Writings are more for audiences that want to seek detailed explanations of information, or they just want to get the information as they are in public and still keep aware of their surrounding.

Bloggers are usually thinkers or thought leaders that can see things from different perspectives and have recommendations of alternatives points on specific topics.

Engineering Design Thinking Process For Every New Business Venture Planning

Image source from 123RF

 

 

There are things we can learn from engineers on how they are taught to think. Distinctly, when engineers are designing anything, they will have an image of steps process in mind with consideration of the known or potentials external factors that will affect the executions. This imagination is required to lessen the unexpected factors that will be a barrier to complete or perform the works.
 
This can be applied as well in the business as we need to be aware of the potential problems that can be barriers for us to achieve the desired results or worst, it can be risks that can affect the business permanently. By knowing these potential barriers ahead, we can be prepared with the better planning steps and "tools" required to overcome those barriers or risks.
 
Engineering is about making things as close as possible to the actual design into reality. And business is about to be able to serve the target markets and at the same time be sustainable as planned in the business model and in the projected economic model.
 
 Nevertheless, the is no perfect plan as there always be overlook factors that can affect the whole plan. By with an engineering design thinking process, we can try to minimize the unexpected factors in order to complete the "fabrication" closely as planned.
 
This process is useful to apply for situations such as creating a new invention, new design or new emerging business venture. However, familiarities across experiences of working with similar projects or events can make the person (the planner) able to minimize the hiccups in the actual implementations and can actually achieve something that is almost exactly as envisioned.
 
But the Engineering Improvement Process is for post first implementation of the project and it is a whole new story that will be discussed in the future...

Everyones' Achievable Passive Income Goals Need To Be Set Earlier

 

Everyone either needs to have tons of savings or passive incomes for their retirement later. Savings can finish over time but passive incomes may carry on, which make it the most preferred way to prepare for retirement. Traditionally passive incomes are just for retirements, nevertheless, it will be beneficial to have while having our working income from the day job.

Passive incomes famously are usually come from renting out the property. But this will only be benefited as profit after we are able to pay off the mortgage, which usually takes about 20~25 years. This will not be sufficient if any emergency that requires money, occur in our working lives.

However, small passive incomes can be generated quickly at a low cost, so we can reinvest the profits for other additional bigger passive incomes such as property. Small passive incomes with low cost of investment are like investing in ETFs, influence marketing and also business with automated operations.

To be an influencer or entrepreneur, at the early stage, it will be with a low starting capital, need to make sure costs are low to operate and that mean we also need to do everything by ourselves. But later as we are able to expand, we can recruit employees to do other work to lessen our burden and time, and later we can fully rely on our employees to run the business operation. Hence, with a full workforce, we can automate our business as a passive income source.

Everyone has set different financial targets (passive incomes incl.) that can support their preferred lifestyle. And we can start planning by setting three targets and by stages:

Level 1 - Low price per unit and High volume of sales

Level 2 - Medium price per unit and Medium volume of sales

Level 3 - High price per unit and Low volume of sales

(This can be applied to influence marketing as well; price = royalties, sales = viewers) 

And our goal is to hold all levels of target income, and a lower level of income is to support or reinvest in creating the higher level of income. Hopefully, we can automate at least 2 levels of income as our passive income portfolio.

With this target in mind or has these numbers written on the wall, will move us every morning to get us closer to these achievable that we believe.

Every Event Occur Not Only For The Known Obvious Reasons But Also For Other Hidden Idealism

Some actions are for the obvious visible reasons with,.. the hidden motives behind. Sometimes, one event/activity orchestrated is a part of the plan, in other words, the breakdown of milestones (event/activity) with each objective are the steps to achieve the main goal.  

Therefore, we cannot only think of every objective are made just for that particular obvious reason and not aware of the main purpose behind it. Like in achieving the top of the school results, or to achieve particular sales target, or to make a specific deal etc.

As entrepreneurs, we are learners, and we need to understand deeper and be aware of the effects on other externals factors from that particular composed set of actions/scenarios. Because, by identifying their real motives, we can learn and apply these in other scenarios and/or environments with a similar main objective.

Besides, by knowing the hidden agenda of our business competitors, we can intercept to save our market shares or to keep up with the industry upcoming trends. Not just that, we can also use the findings for our own advantages to improve our business ahead and stay in the lead.
 

"Future University" The Best University For Everyone

Image credit to Walt Disney Pictures and Pixar Animation Studios

 

 

Now the education system standards especially the tertiary level, are stopping students and every one of us from discovering other new things to learn in life. We are studying in the confining structure that already dictates our future job from the very first day of entering the university.

In life, the world is advancing by someone's ideas and later be printed in the book. So, the system should also let everyone think uniquely and change the world to its fullest potential for the better. Everyone can contribute to their own community with their familiarity with the environment and socially.

Pre-school are a great example that we should continue to implement its format for higher-level educations as well. Yes, we do have (Doctor of Philosophy) PhD students that are writing the practicality of their ideas, but not everything need to be scientific and need to undergo multiple rounds of testings.

Like in creative environments which include arts, services, emerging technology and entertainment. These can't learn from the books, because creativity is about everyone can write their own books. Besides, someone creativity and combine with others' individual talents will be able to create values that can benefit anyone in this world in any way. Therefore, there should be no closed environment degree and having no scroll will be better. As students can get into the university to study any courses that they want even not in the same streams. For example, mechanical dynamics with accounting, if the student is interested to set up an aeroplane workshop after he/she graduated.

Furthermore, now it's not practical to have a single-principle knowledge but instead, everyone should expose to the wide spectrum of principles so they can be ready on what the future will be presented to them. Since, as we can see whenever the industries facing economic recessions, there will be a layoff and people need to find other job opportunities in other unaffected industries, however, these require other skills which sometimes are untransferrable from their past experiences.

There will never be enough learnings for humanity, and we need to be educated as fast as possible at wider spectrum and cross streams, and not at the deeper level at one particular stream only.  

Modular Phones Are Necessary To Keep Up

Image credit to 39design at catawiki

Now we are more reliant on our smartphones than ever to do many things in our lives daily from ordering food to playing games. Moreover, smartphones are becoming a productive tool that is heavily used over laptops.

With the Play Store or App Store, there are tonnes of new releases apps every day and developers are pushing the limits and the capabilities of the existing hardware. Consequently, the phone manufacturer is upgrading their phones frequently to push the new high limits of their phone capabilities for developers to explore and create or update their apps for new user experiences.

This makes upgrading to phones are essentials for society to keep up the productivity level and the conveniences. However, even some manufacturer is trying to build economical smartphones but society still needs to buy a new phone for the useful new features upgrade every year. Besides, this is not a sustainable personal investment to purchase new phones every year as technology are never meant to be "Consumable".

This situation is suitable with using modular phones with a longer use phone chassis but are universal in design to fit with third party gadgets or accessories. These phones can mix and match like Lego and are upgradable. Furthermore, this further expands the smartphones industry with the extension of the post value chain of third-party gadgets which creates many branches of niches markets. These niche markets are groups of users for certain activities such as photography, sport, working, editing and competitive games etc.

Reskilling: Make The Workforces With Experiences To Be Adaptable And Relevant In Their Industry

It is not common for the particular sector to be completely obsolete in the future because of the other emerging industries, but, these prominent companies will undergo a revolution to serve better in their market and sometimes they pivot or adopt the emerging industry technologies. These show companies should not get comfortable with their strong footing in their industry, instead, they should aware of their consumer preferences that change over time. Besides, every successful emerging industry player will be a new industry leader that the existing companies should set this new leader as an example to follow if not they will be left behind to keep up with the human advancements in terms of lifestyle.

Similarly, occur in the energy sector, the coal and oil & gas industry players are challenged by the emerging renewable energy emerging industry. The emerging renewable energy industry players are taking some of the electricity utility market share and consequently, the conventional energy sector such as the mining companies are losing their market share after many years of unchallenged dominance. This lead to some of their plants or mining fields are not fully operating and not utilizing all their workforces.

These underutilized workforces will soon lose their job as the company pivoting to adopt new technologies or start new ventures that may not need the skills of their existing workforce. Therefore, the country and companies need to retrain and re-skill this precious experience workforces to adapt to the changing industry practices by utilizing their transferable experiences working in similar conditions, the strong fundamental concept of the sector and genuine passions to light a bulb in everyone's homes. Such as train them to be wind-farm technicians.

Therefore, not only the industry player, but the country need to make society aware of the changing industry field and the emerging technologies. Society should be prepared to be provided training to make them relevant in the particular changing industry they are in.

 

(Reference: https://finance.yahoo.com/news/chinese-company-offering-free-training-110021404.html)

Technologies Are For All Human Wellbeing: Drinkable Desalinated Seawater

(Image credit to Study.com)

At the earlier times, the country has the necessities such as water, electricity and gas that were enough for the locals, however, as the economy spur there will be no end to future developments and this creates jobs opportunities that attract people from other states or overseas into the country. Hence, this growing population at a drastic rate will outweigh the available resources in that country. Yes, they can import goods from neighbouring countries or overseas, however, this is not sustainable as they are only paying high mark-up price necessities which will soon deplete their wealth.
 
Therefore, for the country to grow sustainably, is by creating the resources locally by reinvesting the profits from their other strong industry into the development that can counter the country weakness. For example, for the country that is located in a dry location but near the sea, they are developing the desalination plant to get fresh water. This desalination plant has tanks with solar domes, and the process is, the seawater inside the dome will evaporate by the local environment's heat that are been radiated toward inside the tank using a solar reflector dome. As the water evaporates, this will separate them from the salt, this should be done in the controlled temperatures to prevent distillation instead - the separation of water from the nutrients which the human body needed them as well. Then, the desalinated water will be drip into the tank and collected as drinkable water.
 
Hence, technology is the solution for human well being, supported by engineering skills that by using available and accessible resources to create tools to overcome the barriers.

 

(Reference: https://interestingengineering.com/solar-domes-could-desalinate-seawater-at-a-commercial-scale)