Statistics .... important for growth


One of the hardest things to read are statistics that don't apply to your own business. Trends and statistics in any industry can have an affect on your own business. They also can lead you to new opportunities.

The following information is an example of statistics that will have an impact of many if not all businesses.

  • "Nearly one-third of all adults are considered obese. That's up significantly  from 13% a little more that two decades ago. Since it's well known that extra weight increased the risk of diabetes, heart disease, hypertension and many types of cancer, look for medical costs to skyrocket. Higher medical costs threaten retirement income security and are eroding retirement savings. Some states and federal government are attempting to reverse the trend by launching anti-obesity policies."

Do you see an opportunity here? What effect will this have on  your business and on your family?

  • "Slammed by the 2008 recession, a greater number of older Americans claimed Social Security benefits at a younger age, and a shockingly large percentage exhausted their personal savings. Since 2007, unemployment rates doubled and remained  higher for people over 55. When older Americans lose their jobs, they find it harder to get new positions because of a perceived lack of skills or health issues, and sometimes because employers want to hire younger workers. Indeed, fully a quarter of adults 50 and older exhausted their saving during the economic downturn."
Both of these issues will impact the future of our nation and created many new businesses addressing both these issues. Study these statistics and brainstorm with your staff or coach on how you can offer  solutions within the scope of your current business or a new undertaking addressing these issues.

Opportunities are presented to us every single day, you have to be looking for them; turn the negatives into positives.

____________________________________________________________________

We could accomplish many more things if we did not thing of them as impossible.
Vince Lombardi
Nick Petra
Certified Financial Planner
Business Coach and Mentor

e-mail: nick@nickpetra.com




 

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