How do you view the current situation?

Covid-19 has paralysed the economic worldwide, with banks fearing and preparing for the worst.

The true impact is yet to be revealed due to temporary rescue measure been put in place by the governments.

However, as soon as these temporary rescue plans has been lifted, life commitment will go back to the norm i.e the loan installments servicing will commence, pay cut and termination of employees which is already happening may increase as the cooling period set by the government expired.

In these situations, would you think there is room for opportunity?

In whatever situation, no matter how dark or bad it is, there will always be light and room for success and opportunity. Its intertwined, so don’t lose hope.

What matter is how do we seize and make use of the situation to the best of our benefit.

This may be the best time to commence a business while everything else is at a slow pace stage. To companies that are having healthy cash flow, this may be the best time to acquire their competitor which maybe facing financial difficulty. Acquiring and merging with their competitor may create synergy and of course expansion of the company businesses.

So rather than sitting down and blaming, why not give it a try at anything that you are good at? Who knows it might bloom into a huge business? Never try never know.