2022 Advices For Young People - create, not consume series.

UPDATED BLOG written in  4 Dec 2020.
https://2010vets.blogspot.com/2020/12/3925-advices-for-young-people-create.html

"Create, Not Consume," I would advise young employees. It is easier said than done for 80% of the employees as they have priorities and responsibilities or just want to have fun after work. Some are not aware that many bosses have to cut business costs as employees demand pay increases yearly, but the net profits of the business decreases for various reasons. There is a shortage of employees after 2 years of Covid-19 pandemic, but that does not mean that the boss can pay higher salaries if businesses cannot sustain this situation.       

CREATE, NOT CONSUME 

1.  NEW SKILLS. If you are an employee, do know that your boss will hire a younger and less expensive replacement in time to come as intense competition lowers business profitability as one competitor will underprice, give cut-throat pricing and discounts.   

Make use of every second of your free time to acquire new skills by creating products or services, rather than spending a lot of time on computer gaming, watching movies or consuming entertaining services provided by others. An example in 2022 will be Tik Tok videos.

2.  TRAVEL INSIGHTS.  When you travel, be aware of the culture and businesses, rather than go from one point to another sight-seeing. 

For example, headwear sales in Chaung Tha Beach in Myanmar. The average tourist will do sight-seeing. 

However, if you look deeper, you will see the business aspects of the headwear sales---niche marketing.  How such sales person can earn a living. You have the sales strategy. Those people sells just one product or diverse products, doing cross-selling a related product and what customers are targeted.   

Young people to create, not just consume for their future 

when they are no longer young and strong to be an employee

Beach goer with children

Focus on one product to sell

More sources of revenue hopefully

Beach goers---younger generation and families

Different category of products for beach wear

Beach goers

Create your products to sell.

Focus on a niche market e.g. headwear in this example
Know who are your competitors and customers 
Product diversification

Cross-selling
Don't expect instant success. Many failures.
Hard work and perseverance

There is no guarantee of success but you will learn 

from failures and start another venture.