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Bill Bateman
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Bill Bateman   My Press Releases

Profit from Obsolence

Published on 8/5/2017
For additional information  Click Here

Obsolescence - “the process of becoming obsolete or outdated and no longer used.”

I was standing in line at WalMart this morning grabbing a couple of things I needed. I had forgotten that it is “tax-free back-to-school” weekend in Albuquerque. For a couple days each year, the state of New Mexico doesn’t charge hard working parents sales tax on school supplies. So, the place was PACKED.

The elderly lady behind me in line mentioned to me that you would think there would be more cashiers and, pretty much without thinking, I replied “5 years from now there will probably only be a handful of cashiers and 20 more “self-checkout” lanes.

She agreed and that led to a quick discussion about observations about what she had already seen. Jobs that used to exist that just don’t anymore.

Things like…

  • Gas Station Attendants who pumped your gas and washed your windshields
  • Milk Men who dropped off milk at your residence
  • Insurance Agents that stopped by and picked up your weekly premium

Fast Company recently published article “10 Jobs that will be replaced by Robots

Here is that list of 10...

  1. INSURANCE UNDERWRITERS AND CLAIMS REPRESENTATIVES
  2. BANK TELLERS AND REPRESENTATIVES
  3. FINANCIAL ANALYSTS
  4. CONSTRUCTION WORKERS
  5. INVENTORY MANAGERS AND STOCKISTS
  6. FARMERS
  7. TAXI DRIVERS
  8. MANUFACTURING WORKERS
  9. JOURNALISTS
  10. MOVIE STARS

If you are in one of those industries currently you have to diversify your skills. Taxi and Truck Drivers, for example, are in imminent peril of losing their job I think.  I was reading an interview with an industry expert regarding Uber (the popular alternative to Taxis). In the article, it talked about the “end game” for lot’s of Uber Driver’s losing their newly found career as Uber shifts to cars without human drivers….

There is always opportunity in chaos and automatization does bring some chaos.

If you are in the “business opportunity” space, be looking for those workers in those industries that will be displaced. They could well be your next BEST distributors, affiliates or customers depending on what you market.

Bill Bateman - like “Batman” with an “E” in the middle I frequently tell people on the phone

PS - The Simpleology program helps keep busy Entrepreneurs organized. More importantly, it makes them more effective in ANY business.  I use Simpleology to keep myself and my businesses “on track”

If you’d like a free account - click here and take the free trial. You can change to the totally free version without EVER upgrading (consider upgrading) AND you can be a Simpleology Affiliate at the same time (no cost of course)

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