The Covid-19 pandemic is ravaging the world at the moment and is affecting not just the health sectors of countries but also national economies. Oil dependent economies are reeling from the crash; tourism-based economies are barely coping and everyone has a bad taste in their mouth. That is why this is the best time to plan.

Tomorrow belongs to the people who prepare for it today — An African Proverb

It is easier to think one should focus on simply surviving past the pandemic before thinking of what to do then, but I can assure you that the companies that are presently delivering value to the world and receiving payment for that value did not necessarily wait till this situation. Companies like ZOOM (which has become the tool of choice for virtual meetings) simply planned for a future world and now they are reaping the benefits of that plan.

So What Could you after the Pandemic?

A few enterprises promise to be quite rewarding, but as with all other businesses, they carry their own risks and is best carried out as a ..wait for it…Cooperative.

Cooperatives are expected to be the saving grace for many people at this time, especially with the downturn of economies and this is NOT the time to pull out all your funds, rather it is time to steadily save as you climb out into wealth and prosperity.

The informal Service economy also promises to get a boost immediately restriction measures are lifted. Artisans need to repair houses, vehicles, generators, etc

Perhaps most importantly, food shortage may be an issue and this is a good time for your Cooperative to invest in agriculture. The rains have started and it is planting season. Food will naturally be a sought after commodity and it is wise to place your self at the supply end of the chain.

Whatever you do, ensure that life doesn’t just happen to you, rather get planning to build wealth and own the future!

“Good fortune is what happens when opportunity meets with planning.” ― Thomas Edison