Are there any potential benefits that can arise from inflation, recession, or economic downturns? As they say, necessity is the mother of invention. We see an example when people in a country are faced with very imports duty that individuals there become inspired to establish local businesses and initiate domestic production and start consuming locally as an alternative to imported goods. While this approach might prove successful in certain countries, others may encounter obstacles such as high operating costs and countless taxes on startups. This is a challenge that discourages local production. Despite these challenges, do you think there are still opportunities during economic downturns?
While opportunities during economic downturns are often limited, some can arise, often through government policies. As individuals, staying adaptable and open to diverse options can be key. This might involve accepting roles that provide financial stability, even if they don't perfectly align with personal aspirations. Alternatively, starting a business in a less volatile industry could be an option for some. Ultimately, the key lies in adjusting your approach, remaining open-minded, and actively seeking out the opportunities that best fit your circumstances.
It is said that in every circumstances there is always a solution for it, which is really true for this kind of thing, right? And this solution is our opportunity to be productive to alleviate the problem we are currently facing.
And it's not easy to be honest, but even so, that's fine with us because we're aware of that. Even if we say that our country is going through a crisis, we can still do it in a way if we are strategic or resourceful as individuals, right?