How to create business opportunities to thrive in a post-COVID-19?

Does the coronavirus impact your business? Do you know how it’s going to evolve?Maybe you feel anxious? Maybe you wonder how to turn this difficulty into an opportunity?In this video, we are going to analyze the main industries: Food, retail, fintech, supply chain, Travel & Mobility, IoT. In fact in any industry, when there’s a crisis, there is a way to use it as leverage. And we’re gonna see how you can do it with your business.Welcome! I'm Amaury Khelifi, founder & CEO at MyCTOFriend. the day it was announced the bars and restaurants were closing, and after considering all the people who were infected by the Covid-19, I thought about the opportunities that would arise.Millions of people, stuck at home, not able to travel or even work anymore, and with a lot of free time! Actually, not only brick and mortar businesses that were impacted, but the entire world!Healthcare, Sport, Finance, Supply Chain, Retail, Travel, Food. But also & Tech like IoT, AI. We might think that they are winners who will grow naturally & losers who will shrink. But in fact, it’s more about awareness and opportunities.I see that from a very simple angle:Some will act upon the crisis and adapt themselvesSome will just wait for the crisis to pass.Let’s see how you can take advantage of such a situation, starting with the obvious one, the healthcare industry.The Healthcare industry will definitely boom! And it is the biggest market to join in, especially if you already have some assets that can be useful to the end customers. You could invent new decontamination devices, test devices, new food supplements, or simple protections. Anything that can fight the virus or help people recover faster. I’m not worried about this market, it will certainly thrive for at least 5 years from now.The next one I want to touch on is the Finance industry or the Fintech industry. The evolution of this industry will definitely depend on offer positioning. In fact, we can identify 2 main trends. First, we got a ste
- Analyze how large companies & startups react in your industry
- Create the Customers priority’s charts
- Identify how to fulfill new needs with current constraints
- Take action
I hope this video was useful to help you improve your current business model, if that’s the case, leave us a comment, like, share and subscribe. And don’t forget to click on the notification bell icon for our latest video updates!Now, if you are serious about building a startup and want to become a better CEO & Tech manager. Find us on Instagram and Facebook. Visit myctofriend.co for more startup management tips. See you in our next video!
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