Thoughts and predictions for the Coronavirus era
Jobs & SMBs Many people are going to lose their jobs. Sectors directly affected will see this happening sooner, for example travel, hotels and restaurants, malls and multiplexes, shared economy etc. However, employment impact will trickle down to even other verticals - ITeS, Medical Services etc. Revenue roles (sales) are going to become much more stressful. Cost roles (IT, Admin, HR) are going to see redundancies. MSMEs will probably be heavily distressed and many will be wiped out. Looking at glass half empty, the best placed SMB entrepreneurs right now are the ones who have no costs and no (or little) revenues. Status quo is a bad thing right now Whether it's about any decisions in your personal life, in your professional life or as an entrepreneur. Don't "wait this out until it gets over". Any alternative will be high risk + high reward, but status quo will almost certainly be low risk + diminished returns. Life from home Work from home,