Part of being a business builder
is trying to predict
the challenges and opportunities
our businesses will eventually face.
This is one of the reasons
I talk about climate change
here.
We should be building
our businesses
to survive and THRIVE
in the future.
And there WILL be businesses
thriving
while the climate changes.
One of the things
I do to predict
the future
is look at other industries
and at other countries.
China, for example,
usually has weather
similar
to where I am currently located.
They are experiencing severe drought.
That drought has led to
electricity shortages.
Businesses are being forced
to temporarily close.
I can’t run ANY of my businesses
without electricity.
During a drought,
while food and water prices
sky rocket,
I would likely be forced
to close my businesses too.
I wouldn’t derive any income
from them.
Which is why
I’m investing in solar.
My businesses need
a source of power
that will still be available
during times of drought.
Solar would hopefully
fulfil this need.
I’m not suggesting
you invest in solar.
Your coordinates are different
from mine.
Your comparable regions
will be different also.
I’m suggesting
you stay aware
of challenges and opportunities
in similar regions,
similar industries,
and factor those possibilities
into your plan.
Use other regions
and industries
in your predictions
for your business’ future.