It’s midnight, December 31st 2019 and whatever rituals it is you have to welcome the new year, you probably let out a loud “Happy New Year”. Little did we know our lives were about to drastically change. 2020 came along with all its madness and almost everything changed. Almost everything? You may be asking yourself. The truth is our ordinary everyday needs remained, albeit new ones were created. We still ate, worked, shopped, met, exercised, learned, entertained, interacted, etc. But we had to learn to do it differently. Hence, we found new ways of living, novel and creative ways.
As for businesses, they took a major hit. The pandemic brought countless challenges and great uncertainty. Unfortunately, a big number of small business vanished when they could not hold for any longer. So, looking back what made the difference between resilience and bankruptcy? Two words: adaptation and transformation. Proactive business owners who acted promptly, sat down and looked at the big picture. They thought out of the box and stepped out of their comfort zones. What did they do?
In a new reality of lockdowns, quarantines and curfews, they had to ramp up the creativity. Albert Einstein once stated “In the midst of every crisis, lies great opportunity”. It was the time for business to make high-stake decisions so that the crisis with no way out within sight could turn into an opportunity. This article will be discussing three businesses whose models were strengthened throughout the pandemic and are likely to remain in demand in a post-pandemic world.
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