Sometimes, I'm really glad that I came to the blockchain industry. There are so many industry dividends that I can reap.
Choice is more important than hard work. Today I saw a video where the blogger talked about various industries in China. Here is a summary so that you can see if there are still opportunities in various domestic industries:
1. Can I run an adult experience center?
No, this is a gray industry. Some places have already started arresting people. Since I have a physical store, I can't escape even if I want to.
2. Can I still buy second-hand houses?
You can't buy it. House prices will get even lower. Referring to the history of the Japanese real estate market, the downward trend may continue for ten years.
3. Can I work as a domestic nanny?
This track will indeed get better and better, and it's worth watching.
4. Can I do cross-border e-commerce?
Cross-border e-commerce will get better and better. The domestic market is too competitive, so we still need to look abroad. We can see that in the past two years, various large companies have also begun to expand overseas.
5. Can I start a business in the pet industry?
Yes, it can, and it will get better and better. People are not having children anymore, but more and more people are keeping pets.
6. Can I start a coffee shop?
Absolutely not, the four major pitfalls of starting a business: milk tea shops, flower shops, coffee shops, and B&Bs.
7. Can I start a business in the adult products sector?
Yes, it can be done, and it will get better and better in the future.
8. Can the dental industry still be viable?
No, it can't. The biggest problem is centralized procurement. Dental clinics make money from raw materials. After centralized procurement, raw materials become cheaper, and profit margins are lower.
9. In cross-border e-commerce, which country is better: Singapore, Malaysia, or Thailand?
Without a doubt, Thailand. It has a large population and great market growth potential.
10. Can I run a light food restaurant?
No, you can't. A restaurant only does limited business within a limited range and with a limited number of people. If you don't have enough target customers, you won't be able to sustain the store.
11. Can I run a clothing store?
It will get worse and worse. Everyone should know that offline clothing stores can still exist. They don't sell products, but rather provide services that provide customers with outfit suggestions. Only by providing good service can you make money.
12. Can I run a children's training institution?
Things related to school scores are getting better and better, while those unrelated to school scores are getting worse and worse. Examination-oriented education will exist for a long time and will not change in the short term.
13. Can I run a breakfast shop?
This is a hard labor industry. If you can endure hardship, you can do it. If you can't endure hardship, don't do it.
14. Can I still run the furniture industry?
Don't touch the furniture industry.
15. Can you open a tavern?
You can, but a tavern doesn't sell alcohol; it's a third space.
16. Can you enter the catering industry?
Be cautious, absolutely cautious. There's currently a serious oversupply, fierce competition, and many stores are being eliminated. 17. Is the fresh food industry viable? Fresh food is not very friendly to beginners because it's all about freshness. If it's fresh, business is good, but if it's not fresh, business is bad. Then the less fresh it is, the worse it gets, and it becomes a vicious cycle. 18. Is the wedding and funeral industry viable? White weddings are possible, but be cautious. Since people aren't getting married anymore, the wedding industry is naturally not viable. However, the aging population is getting worse, so the funeral industry is still viable.
19. Can I open a photography store?
It will become increasingly difficult. The old business model of camera photography will become worse and worse. AI will become more and more mature and gradually replace the old equipment business model.
20. Can I open a psychological counseling industry?
Not very likely. This is related to the characteristics of the Chinese people: In China, there are many people with psychological problems, but no one feels that they need psychological counseling. They would rather pray to Buddha.
21. Is there still a chance to do self-media?
Yes, the core of self-media is two words: authenticity.
After listing the current status of various industries in China, you can compare them yourself. In fact, you can find that there are no certain industries or certain assets in China.
The final conclusion is that none of them are easy to do, and they are all very lucrative. Looking at our own cryptocurrency world, it's precisely because of China's one-size-fits-all policies that giant companies from traditional industries can't enter. Many ordinary people also lack understanding of the industry, leaving us with an information gap. It can be said that China's high-pressure regulations have also become a barrier for existing companies in the cryptocurrency world. In short, the cryptocurrency world as a whole is very early in its development, primarily focusing on overseas markets, requiring minimal investment, and can even be run by one person. This offers all the advantages. Of course, the only drawback is asset security. A person only encounters a few major trends in their lifetime, and blockchain is definitely one of them at the moment, so cherish every opportunity.
Catherine
Weiliang
Kikyo
Alex
Miyuki