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Do want you want to make that transition from the old traditional economy to the new digital economy? I think it's not only important to make this transition but for many people it has become essential.

Big businesses are going bankrupt with people losing their jobs, sole traders are struggling to keep their doors open and specialists are running out of clients due to the downturn. We are hearing everyday about people who are struggling just to keep their head above water and with the cost of living going up and a number of other factors going on William Nylander Jersey , it has become very difficult for a lot of people out there.

But there are almost two distinct communities of people - those that are struggling and really having to fight to keep their head above water and the other community of people in the digital economy who are thriving and doing better than they have ever done before.

Over the last few years people of all different ages and from all walks of life and some with no internet experience or technical skills, have made that transition to the digital economy.

These people have not only managed to keep their head above water but have been more successful that they ever though possible. We are living in an awesome age and their never has been a time like it is now. Just think... you can get started in business for yourself literally tomorrow on a shoe-string budget by selling other peoples products as an affiliate and start collecting commissions for the sales.

You don't have to worry about customer support Zach Hyman Jersey , you don't have to worry about staff, you don't have to worry about investing thousands of dollars into starting a traditional business. You can also do it part-time around your current job until you are earning enough money to replace the income.

In this way you can become more self-sufficient and provide a lot more security for yourself and your family. In the video below Stuart will explain more about this and why you are in the right place at the right time and how you can benefit from transitioning across to the digital Economy.

Transitioning To The Digital Economy

Over the last five years or so thousands of people from all over the world have made the transition from the traditional economy into the digital economy. Another way of looking at it is moving from the old beaten up economy to this new Jason Spezza Jersey , exciting, thriving economy.

What makes it easier and quicker for people to make this transition. The way the world can be looked at right now is that is is made up of four categories of people.

Employee in the Traditional Economy

The first category of people to discuss is the employee in the traditional economy. It's difficult to be an employee in the traditional economy right now. Big businesses are going bankrupt and everyday through the news and other media we are hearing about other well known companies being sucked into this struggling traditional economy.

People are being laid off and losing their jobs. Machines are replacing a lot of jobs which were previously carried out by a people. You only have to walk into your local supermarket to see that there are now self-checkouts instead of the normal human cashiers.

Another example is what's happening in factories where previously it may have taken 5 people to build a car and it now takes one person operating a machine. We are hearing about it all the time - people being replaced by machines and technology in this digital age.

There is also very little leverage as an employee and that's something I'll discuss further later on.

Being Self-Employed in the Traditional Economy

The next category of person to discuss in the traditional economy is the sole trader or specialist or somebody who works for themselves. These people tend to have it a bit better than the employee and they can't get fired as they are working for themselves.

Again like the employee they have very little leverage and are really struggling right now. They have competition in their area of business coming from the online world and more and more other businesses competing on prices - all lowering their prices in an attempt to get more clients and customers and survive in the struggling traditional economy.

The employee and sole trader are the most common category of people. It is expected of many people to go to college or university Alexander Kerfoot Jersey , get good grades and then get a secure safe job with it's benefits or become a sole trader.

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