10 Online Business Trends Emerging From The New Era Of Fear

Published on: December 5 2022 by Miles Beckler

10 Online Business Trends Emerging From The New Era Of Fear

10 Online Business Trends Emerging From The New Era Of Fear

10 Online Business Trends Emerging From The New Era Of Fear

startTime	durationTime	text
00:00:00	00:00:04	hey miles here miles Beckler calm in
00:00:02	00:00:07	this video you are going to learn about
00:00:04	00:00:09	10 emerging online business trends that
00:00:07	00:00:12	are stemming from this state of fear
00:00:09	00:00:13	that we find ourselves in today you know
00:00:12	00:00:15	we're living in some crazy times and
00:00:13	00:00:18	there are many communities across the
00:00:15	00:00:20	globe and across the country that I live
00:00:18	00:00:22	in that are currently locked down and
00:00:20	00:00:25	this is changing user behavior this is
00:00:22	00:00:27	changing our cultural behaviors and it's
00:00:25	00:00:29	changing where our money goes and it's
00:00:27	00:00:32	changing business now I'm looking at
00:00:29	00:00:34	this from a purely online business
00:00:32	00:00:36	online CEO perspective and the idea that
00:00:34	00:00:39	we're working with here is the old
00:00:36	00:00:41	Gretzky quote is we want to skate to
00:00:39	00:00:43	where the puck is going to and that's
00:00:41	00:00:45	why I think about these types of
00:00:43	00:00:46	thoughts so number one I think the
00:00:45	00:00:48	number one biggest thing that's about to
00:00:46	00:00:51	happen is more people are going to learn
00:00:48	00:00:53	new hobbies now this is a boom for
00:00:51	00:00:55	online content creators whether it's
00:00:53	00:00:57	chess whether it's knitting whether it's
00:00:55	00:00:59	cooking I mean the the number of
00:00:57	00:01:02	potential hobbies people are about to
00:00:59	00:01:03	learn is almost infinite and what's
00:01:02	00:01:05	happening is people are finding
00:01:03	00:01:07	themselves at home for longer periods of
00:01:05	00:01:09	time than normal and we've all had those
00:01:07	00:01:12	things we maybe have wanted to do
00:01:09	00:01:13	someday if we ever have enough time and
00:01:12	00:01:16	that's one thing people are finding
00:01:13	00:01:18	themselves with right now is an ample
00:01:16	00:01:20	amount of free time personally I'm kind
00:01:18	00:01:21	of interested in learning chess I've
00:01:20	00:01:22	been interested in learning that game
00:01:21	00:01:24	for a while and I've been going through
00:01:22	00:01:26	tutorials and playing a lot more chess
00:01:24	00:01:27	and I think all around the country and
00:01:26	00:01:30	all around the globe people are going to
00:01:27	00:01:31	spend more time researching looking into
00:01:30	00:01:33	those different hobbies and this means
00:01:31	00:01:35	they'll probably end up spending a
00:01:33	00:01:37	little bit of money in towards some of
00:01:35	00:01:38	those potential hobbies and this is
00:01:37	00:01:40	great for people who have been
00:01:38	00:01:42	passionately putting out content about
00:01:40	00:01:44	their hobbies because it was gonna be
00:01:42	00:01:47	even more eyeballs and more attention
00:01:44	00:01:48	flowing in that direction number two I
00:01:47	00:01:51	think this could be a catalyst for
00:01:48	00:01:52	virtual reality now I've had a couple of
00:01:51	00:01:54	virtual reality headsets I've been
00:01:52	00:01:56	playing with and thinking a lot about
00:01:54	00:01:58	how to integrate virtual reality into
00:01:56	00:02:00	our business but it always seemed very
00:01:58	00:02:02	far off right it never seemed like
00:02:00	00:02:03	something that was actually here it
00:02:02	00:02:06	didn't seem like the the time was right
00:02:03	00:02:09	for the idea but now thinking about the
00:02:06	00:02:11	ideas of large conferences there's an I
00:02:09	00:02:12	mean just a plethora of large
00:02:11	00:02:13	conferences that have been cancelled
00:02:12	00:02:15	completely
00:02:13	00:02:17	concerts big concerts and I think that
00:02:15	00:02:19	now people are gonna still want those
00:02:17	00:02:21	kinds of experiences but they might not
00:02:19	00:02:22	necessarily want to go be in a room
00:02:21	00:02:24	where in a closed space with a few
00:02:22	00:02:27	thousand people all pushing up against
00:02:24	00:02:28	the stand to hear and experience their
00:02:27	00:02:31	favorite band so there's gonna be some
00:02:28	00:02:33	leaders in this tiknology and my wife
00:02:31	00:02:35	and I are thinking a lot about how can
00:02:33	00:02:37	we start to integrate and maybe build on
00:02:35	00:02:39	this to stay on the leading edge of that
00:02:37	00:02:42	number three I think that more small
00:02:39	00:02:44	businesses and local businesses are
00:02:42	00:02:46	going to be committing to digital
00:02:44	00:02:48	marketing and e-commerce you know we've
00:02:46	00:02:50	been living in one of the greatest bull
00:02:48	00:02:52	markets of all times the stok market's
00:02:50	00:02:53	been great everything's been great if
00:02:52	00:02:55	you think about the stok market the way
00:02:53	00:02:57	the stok market works it's it's either
00:02:55	00:02:59	greed or fear right when the markets way
00:02:57	00:03:01	up and continuing to explode upwards
00:02:59	00:03:03	that's the green side of the pendulum
00:03:01	00:03:05	and when the market is doing what is
00:03:03	00:03:08	doing today dropping upwards of 10 12
00:03:05	00:03:10	percent per day multiple drops day over
00:03:08	00:03:11	day that's the fear side of things right
00:03:10	00:03:14	and eventually we'll find a little bit
00:03:11	00:03:15	of an equilibrium but in this time what
00:03:14	00:03:17	I'm trying to really get at is business
00:03:15	00:03:20	owners have not necessarily been forced
00:03:17	00:03:22	to go digital many have a lot of
00:03:20	00:03:23	business owners have embraced it and
00:03:22	00:03:25	they're probably dominating page one of
00:03:23	00:03:27	Google a lot of business owners have
00:03:25	00:03:29	embraced ecommerce small businesses
00:03:27	00:03:31	small manufacturers mom-and-pop shops
00:03:29	00:03:33	that have embraced the the Shopify
00:03:31	00:03:36	stores in e-commerce they're probably
00:03:33	00:03:38	been doing really well but today a lot
00:03:36	00:03:40	of small businesses are being forced to
00:03:38	00:03:42	choose and and if they're not forced to
00:03:40	00:03:44	choose now they may actually be forced
00:03:42	00:03:46	to choose in the future because we can
00:03:44	00:03:48	no longer ignore the foot traffic is
00:03:46	00:03:50	probably gonna dwindle to a low enough
00:03:48	00:03:51	point for long enough that it's gonna
00:03:50	00:03:54	pose them with a decision so what does
00:03:51	00:03:57	this mean for small business for digital
00:03:54	00:03:58	entrepreneurs like us consultants people
00:03:57	00:04:00	who are running marketing agencies
00:03:58	00:04:03	marketing services there's probably
00:04:00	00:04:05	gonna be a significant increase in this
00:04:03	00:04:08	kind of business opportunity in every
00:04:05	00:04:09	single local market so if you've already
00:04:08	00:04:10	been doing the work great that's
00:04:09	00:04:13	something we've toked about on this
00:04:10	00:04:15	channel for many years but it's still an
00:04:13	00:04:17	opportunity to go be of service to those
00:04:15	00:04:19	local businesses because the amount of
00:04:17	00:04:22	money flowing into the physical doors in
00:04:19	00:04:24	Main Street every town USA or across the
00:04:22	00:04:26	globe is probably going to dwindle and
00:04:24	00:04:28	the amount of money being spent online
00:04:26	00:04:31	in all of these communities is probably
00:04:28	00:04:32	going to go up smart business owners are
00:04:31	00:04:35	going to want to catch in front of that
00:04:32	00:04:37	trend and smart consultants and service
00:04:35	00:04:39	providers are the ones who can profit
00:04:37	00:04:41	from helping them get there on that so
00:04:39	00:04:43	number four there's gonna be more
00:04:41	00:04:46	searches about learning from home and
00:04:43	00:04:48	working from home so many school
00:04:46	00:04:49	districts have absolutely shut down
00:04:48	00:04:51	completely and many businesses and
00:04:49	00:04:53	office places have completely shut down
00:04:51	00:04:56	their local offices and everything's
00:04:53	00:04:58	going from home so you now have a huge
00:04:56	00:05:01	wave of people who are sitting at home
00:04:58	00:05:03	and they need to telecommute they need
00:05:01	00:05:04	to do online collaborations they're
00:05:03	00:05:06	gonna need to do webinars and they might
00:05:04	00:05:09	not have the tik skills for this they
00:05:06	00:05:11	might be in their 40s or 50s their 60s
00:05:09	00:05:13	even and tiknology isn't kind of native
00:05:11	00:05:15	to them like it is to the younger
00:05:13	00:05:17	generations so they might be spending
00:05:15	00:05:19	more time on YouTube searching how to
00:05:17	00:05:22	run a zoom webinar how do I do a shared
00:05:19	00:05:24	whiteboard on line how do I do project
00:05:22	00:05:27	management remotely and they're looking
00:05:24	00:05:29	for help with a sauna with zoom with
00:05:27	00:05:32	GoToWebinar with goto meeting with all
00:05:29	00:05:35	of these different applications that are
00:05:32	00:05:37	more often leveraged in the from home
00:05:35	00:05:39	space than they are in the actual work
00:05:37	00:05:40	place because we're not sitting in a
00:05:39	00:05:42	meeting room with a white board on the
00:05:40	00:05:44	wall anymore we need to create that
00:05:42	00:05:46	experience but we don't have the
00:05:44	00:05:48	physical space so the people who used to
00:05:46	00:05:50	lead these kinds of things who might be
00:05:48	00:05:51	in their 40s or 50s the 60s they might
00:05:50	00:05:53	be in the c-suite
00:05:51	00:05:54	they might not exactly know how to do
00:05:53	00:05:56	this so they're gonna look online and
00:05:54	00:05:57	who are they finding online well if
00:05:56	00:05:59	you've been putting out content if
00:05:57	00:06:00	that's your world if that's what you
00:05:59	00:06:02	help with people with then you're
00:06:00	00:06:04	probably well-positioned and that's also
00:06:02	00:06:06	just a giant opportunity that's gonna
00:06:04	00:06:08	get a lot more attention in the coming
00:06:06	00:06:09	months from here I think there's gonna
00:06:08	00:06:12	be more people spending we're on number
00:06:09	00:06:14	five at this point more people spending
00:06:12	00:06:16	more time on YouTube period I think
00:06:14	00:06:19	significantly people are gonna be
00:06:16	00:06:21	looking for answers for how to type
00:06:19	00:06:23	things so they need more people looking
00:06:21	00:06:26	for how to cook from home because a lot
00:06:23	00:06:28	of people have been mainly dependent on
00:06:26	00:06:30	eating out and maybe they're ready to
00:06:28	00:06:31	kind of kick this cook from home type
00:06:30	00:06:32	thing going so that's one thing they
00:06:31	00:06:34	might be looking for fixing things
00:06:32	00:06:35	around the house do you want to call
00:06:34	00:06:37	somebody into your house to fix that
00:06:35	00:06:38	little thing that's that's gone awry or
00:06:37	00:06:40	are you just gonna watch YouTube and
00:06:38	00:06:40	figure out how to do it yourself that's
00:06:40	00:06:44	kind of one
00:06:40	00:06:45	the trends meal plans workouts yoga all
00:06:44	00:06:48	of these kinds of things that were
00:06:45	00:06:50	normal cultural behaviors to go to the
00:06:48	00:06:52	place to get that experience probably
00:06:50	00:06:54	going to be starting to go more online
00:06:52	00:06:56	and more towards YouTube for that so yet
00:06:54	00:06:58	another opportunity for prophetik
00:06:56	00:07:01	content publishers on YouTube more
00:06:58	00:07:04	people learning new professional skills
00:07:01	00:07:07	with the desire to transfer into more of
00:07:04	00:07:09	a freelancer type world this is number
00:07:07	00:07:12	six so what I mean by this is even
00:07:09	00:07:14	though a lot of people are being forced
00:07:12	00:07:15	to work from home right they're closing
00:07:14	00:07:16	the offices through me a lot of people
00:07:15	00:07:17	who think about this me like you know
00:07:16	00:07:20	what this working from home thing is
00:07:17	00:07:22	pretty sweet I want to commit to
00:07:20	00:07:25	skilling myself up to the point where I
00:07:22	00:07:27	can get freedom of location and I can
00:07:25	00:07:29	decide to stay working from home even
00:07:27	00:07:31	when the offices open back up so there's
00:07:29	00:07:33	probably gonna be more people looking to
00:07:31	00:07:35	skill up to whether it's graphics design
00:07:33	00:07:37	web design marketing services whatever
00:07:35	00:07:38	that may be
00:07:37	00:07:41	I think there's to be more people
00:07:38	00:07:42	looking to skill up professionally in
00:07:41	00:07:44	this time to become more valuable to
00:07:42	00:07:46	themselves to their businesses and maybe
00:07:44	00:07:48	even to even more businesses because
00:07:46	00:07:50	that would open them up to more of this
00:07:48	00:07:52	lifestyle that they're getting a taste
00:07:50	00:07:55	from so more people looking for the how
00:07:52	00:07:59	to become a freelancer and remote worker
00:07:55	00:08:01	etc gaming and eSports now now the world
00:07:59	00:08:04	of gaming in eSports is absolutely
00:08:01	00:08:06	astoundingly large and it's been growing
00:08:04	00:08:07	by leaps and bounds here every year but
00:08:06	00:08:09	I think this is going to be a major
00:08:07	00:08:11	catalyst for several reasons number one
00:08:09	00:08:13	it's just that time at home number
00:08:11	00:08:15	there's so many more people that are
00:08:13	00:08:16	gonna have so much more time at home and
00:08:15	00:08:18	they're gonna dedicate it to playing
00:08:16	00:08:20	their game and when I say gaming eSports
00:08:18	00:08:22	I definitely mean twitch and I mean
00:08:20	00:08:24	streaming it as well because that's a
00:08:22	00:08:26	big part of the same thing but what I
00:08:24	00:08:29	think is also happening is culturally
00:08:26	00:08:31	you know friends hang out through these
00:08:29	00:08:32	online games they've got their headsets
00:08:31	00:08:34	on they're joking with each other
00:08:32	00:08:35	they're kidding which with each other
00:08:34	00:08:37	they'll have that experience of being
00:08:35	00:08:39	right there on the couch playing player
00:08:37	00:08:40	to player but yet they're each remote
00:08:39	00:08:42	they're in their comfortable safe
00:08:40	00:08:44	environments and I think this is gonna
00:08:42	00:08:46	become more common and the big other
00:08:44	00:08:48	factor for the younger kids out there I
00:08:46	00:08:50	think parents are gonna understand this
00:08:48	00:08:52	at a deeper level that this is just how
00:08:50	00:08:54	new generations hang out with each other
00:08:52	00:08:55	and it is through a virtual
00:08:54	00:08:58	face so I think there's gonna be more
00:08:55	00:08:59	time spent on gaming from people who
00:08:58	00:09:02	already game I think there's gonna be
00:08:59	00:09:04	more people who invest in gaming rigs in
00:09:02	00:09:06	new games and they're playing and
00:09:04	00:09:07	spending more on steam and games and
00:09:06	00:09:09	game reviews etc and there's to be more
00:09:07	00:09:12	people streaming the games and watching
00:09:09	00:09:14	those stream games on this past year
00:09:12	00:09:15	there was a fortnight championship and
00:09:14	00:09:17	it was a world championship of a game
00:09:15	00:09:19	called fortnight and the winner earned
00:09:17	00:09:21	three million dollars and this prize he
00:09:19	00:09:23	was a 16 year old kid I believe in this
00:09:21	00:09:25	prize at 3 million dollars for first
00:09:23	00:09:28	place is more than the the racecar
00:09:25	00:09:30	driver who won the Indianapolis 500 it's
00:09:28	00:09:32	more than the tennis champion who won
00:09:30	00:09:35	Wimbledon so the data has been already
00:09:32	00:09:37	supporting there's so much money there
00:09:35	00:09:39	is so much attention and energy in this
00:09:37	00:09:41	world in eSports and I think this is
00:09:39	00:09:43	really a catalyst for the next level of
00:09:41	00:09:44	that world and if you even think about
00:09:43	00:09:45	professional sports a lot of
00:09:44	00:09:47	professional sports or even closing
00:09:45	00:09:50	their stadiums right now if not closing
00:09:47	00:09:52	the entire league itself so yours we're
00:09:50	00:09:55	already seeing more people are going to
00:09:52	00:09:56	experience games in the virtual scape
00:09:55	00:09:58	right and some people think well
00:09:56	00:10:00	watching gaming watching people play
00:09:58	00:10:01	video games online that's weird well it
00:10:00	00:10:03	could be easily stated that watching
00:10:01	00:10:04	people play football or watching people
00:10:03	00:10:07	play baseball is weird because you're
00:10:04	00:10:09	watching men play a game it's just a
00:10:07	00:10:10	different type of game is all it is and
00:10:09	00:10:12	the younger generations get that and I
00:10:10	00:10:14	think it's gonna be embraced at every
00:10:12	00:10:16	level to me gaming in eSports that hold
00:10:14	00:10:18	niche that whole world is just going to
00:10:16	00:10:20	continue to explode massively over the
00:10:18	00:10:23	next five to ten years number eight at
00:10:20	00:10:25	this point FBA fulfillment by Amazon and
00:10:23	00:10:27	drop shipping are both going to get even
00:10:25	00:10:28	more difficult and this is because I
00:10:27	00:10:30	think there's gonna be so much more
00:10:28	00:10:32	competition going into the space all
00:10:30	00:10:33	those little mom-and-pop business owners
00:10:32	00:10:35	they're gonna figure out how do I get my
00:10:33	00:10:37	products on Amazon because clearly
00:10:35	00:10:39	people are buying on Amazon and not off
00:10:37	00:10:41	of my store they may end up closing
00:10:39	00:10:42	their store and moving into a warehouse
00:10:41	00:10:44	to lower their rent because they're in a
00:10:42	00:10:46	different neighborhood now etc etc they
00:10:44	00:10:48	may renegotiate their rent and they
00:10:46	00:10:50	might start flipping their own inventory
00:10:48	00:10:52	on Amazon inventory they've already
00:10:50	00:10:53	bought and paid for which means people
00:10:52	00:10:56	going out and buying and paying for
00:10:53	00:10:57	inventory to put it up on on Amazon are
00:10:56	00:10:59	gonna have just that much more difficult
00:10:57	00:11:01	of a time so I just think that's gonna
00:10:59	00:11:03	be more competitive obviously there's
00:11:01	00:11:05	more attention and more money probably
00:11:03	00:11:07	going to flow in this direction but when
00:11:05	00:11:10	the competition spikes up the margins
00:11:07	00:11:12	already razor-thin that's just not
00:11:10	00:11:14	necessarily a good recipe for a
00:11:12	00:11:16	long-term business model I think digital
00:11:14	00:11:19	currencies can possibly see a nice
00:11:16	00:11:21	resurgence Bitcoin the prices have been
00:11:19	00:11:23	absolutely hammered and it's not
00:11:21	00:11:24	necessarily about the price right this
00:11:23	00:11:26	isn't an idea like I'm not toking
00:11:24	00:11:28	investments by any means what I mean is
00:11:26	00:11:31	if you have the option of paying between
00:11:28	00:11:33	three different ways number one is you
00:11:31	00:11:35	get currency out something that many
00:11:33	00:11:35	people touch the exchanges hands a lot
00:11:35	00:11:37	of times
00:11:35	00:11:38	number two you use your credit card you
00:11:37	00:11:40	put it the Machine then you have to
00:11:38	00:11:41	touch that pen you have to touch the
00:11:40	00:11:42	buttons on the pen and all that stuff
00:11:41	00:11:44	and you again if you're physically
00:11:42	00:11:46	touching things or number three you pull
00:11:44	00:11:48	out your phone you pull up your barcode
00:11:46	00:11:50	and you scan your barcode you don't
00:11:48	00:11:52	actually touch anything and that digital
00:11:50	00:11:55	currency instantly changes hands I think
00:11:52	00:11:57	digital currencies have needed some sort
00:11:55	00:12:00	of a catalyst to really reach that next
00:11:57	00:12:02	level of actual that use case level and
00:12:00	00:12:05	I think this could very well be it this
00:12:02	00:12:06	is a long term major cultural shift but
00:12:05	00:12:08	I think it's just something that popped
00:12:06	00:12:11	up for this and then number ten less
00:12:08	00:12:13	time in gyms so the local gyms have been
00:12:11	00:12:15	sweaty smelly places for quite some time
00:12:13	00:12:16	I'm sure there are some many clean and
00:12:15	00:12:18	beautiful gyms out there and good on to
00:12:16	00:12:20	those people when I went in toward the
00:12:18	00:12:21	last couple of gyms I was thinking about
00:12:20	00:12:23	joining before buying home gym equipment
00:12:21	00:12:24	it was it was like oh god I don't want
00:12:23	00:12:27	to be in this place with all these other
00:12:24	00:12:30	people with uh and now with what's going
00:12:27	00:12:31	on I think that that uh uh vibe is is up
00:12:30	00:12:33	to the next level right and I think
00:12:31	00:12:36	people are going to make this shift so
00:12:33	00:12:37	there's a large segment of our world and
00:12:36	00:12:39	I think Instagram and social media is
00:12:37	00:12:41	absolutely fueling this and working out
00:12:39	00:12:44	is great right it releases a positive
00:12:41	00:12:46	endorphins if you're feeling stress and
00:12:44	00:12:47	you just got this mind jumbling go get
00:12:46	00:12:50	some exercise it's a great way to kind
00:12:47	00:12:51	of get things into the right order to
00:12:50	00:12:53	get the dopamine's firing to feel better
00:12:51	00:12:55	so people are not going to stop working
00:12:53	00:12:57	out people are not going to stop
00:12:55	00:12:59	exercising what they're gonna do is
00:12:57	00:13:01	they're gonna shift that gym budget
00:12:59	00:13:03	they're gonna shift the the time and the
00:13:01	00:13:05	place of what they're focusing it on so
00:13:03	00:13:08	they might not be paying for the big box
00:13:05	00:13:10	gym they might not go to that 24 hour
00:13:08	00:13:12	fitness or Planet Fitness or whatever it
00:13:10	00:13:13	may be and it might turn to the daily
00:13:12	00:13:15	burn they might turn to an online
00:13:13	00:13:18	membership program they might turn to
00:13:15	00:13:20	YouTube they might turn to other sources
00:13:18	00:13:21	they might actually decide they don't
00:13:20	00:13:22	want to go
00:13:21	00:13:24	meet with that one on one personal
00:13:22	00:13:26	trainer anymore they're gonna do a
00:13:24	00:13:27	virtual personal trainer and they're
00:13:26	00:13:29	gonna find somebody who can coach them
00:13:27	00:13:31	from zoom or from Skype and they're
00:13:29	00:13:33	gonna get that same experience from the
00:13:31	00:13:35	comfort of their own home from their
00:13:33	00:13:38	personal safe space and that's number 10
00:13:35	00:13:40	and these are 10 ideas that I've been
00:13:38	00:13:42	thinking about like where is user
00:13:40	00:13:44	attention going and if you continue to
00:13:42	00:13:47	think about ok so this is what is right
00:13:44	00:13:48	this is our reality as it is today what
00:13:47	00:13:50	does this mean for my business what does
00:13:48	00:13:51	this mean for the other businesses
00:13:50	00:13:53	around me what does this mean for
00:13:51	00:13:54	affiliate marketing I think it's
00:13:53	00:13:56	absolutely bullish for affiliate
00:13:54	00:13:56	marketing what does this mean for review
00:13:56	00:13:58	sites
00:13:56	00:13:59	well if more people are thinking about
00:13:58	00:14:01	playing chess then they're probably
00:13:59	00:14:02	looking for more reviews of chess
00:14:01	00:14:05	they're probably looking for more how
00:14:02	00:14:08	to's of chess or knitting or quilting or
00:14:05	00:14:09	drones or whatever it may be right so I
00:14:08	00:14:11	think it's bullish for all of these
00:14:09	00:14:14	business models that I've been toking
00:14:11	00:14:15	about for so many years because more
00:14:14	00:14:17	people are going to be looking for those
00:14:15	00:14:19	helpful guides for those trusted
00:14:17	00:14:21	advisors to help them enjoy their time
00:14:19	00:14:24	they have at home to continue to stay
00:14:21	00:14:26	fit to learn new things to really enjoy
00:14:24	00:14:28	this new world that we're living in
00:14:26	00:14:30	because we are absolutely living in a
00:14:28	00:14:33	new world at this point and I user
00:14:30	00:14:36	behavior attention and ultimately the
00:14:33	00:14:38	monies people spend day-to-day are just
00:14:36	00:14:39	gonna go into a new direction people
00:14:38	00:14:41	probably are gonna tighten the belts a
00:14:39	00:14:42	little bit but they're going to continue
00:14:41	00:14:44	to buying things they're going to
00:14:42	00:14:46	continue to spend money where that money
00:14:44	00:14:48	is being spent is now changing and if
00:14:46	00:14:49	you're on the forefront of that if
00:14:48	00:14:52	you're ahead of the curve you stand to
00:14:49	00:14:54	be in a good position to be of service
00:14:52	00:14:55	to these people to help them solve their
00:14:54	00:14:58	problems answer their questions learn
00:14:55	00:15:00	the DIY things and obtain those items
00:14:58	00:15:01	that they're actively searching for and
00:15:00	00:15:03	that's why I think the online business
00:15:01	00:15:05	model is a beautiful model I hope you've
00:15:03	00:15:06	enjoyed this video if you have give it a
00:15:05	00:15:08	thumbs up let me know any questions or
00:15:06	00:15:09	comments feel free to get at me in the
00:15:08	00:15:12	comments below
00:15:09	00:15:14	stay safe wash your hands I do want to
00:15:12	00:15:16	honor the challenges that we are
00:15:14	00:15:19	confronted with as a society I don't say
00:15:16	00:15:20	this stuff lightheartedly but as the CEO
00:15:19	00:15:22	right not the miles bechler
00:15:20	00:15:24	compassionate human but the pure CEO
00:15:22	00:15:27	these are the business-related places
00:15:24	00:15:28	I'm focusing on I think it's a food for
00:15:27	00:15:29	thought so thank you very much for time
00:15:28	00:15:30	and I'll see you on the next video till
00:15:29	00:15:32	we meet again
00:15:30	00:15:32	be well