Obviously the default suggestion would be that this post is aimed more at entrepreneurs or those who are looking to get into business for themselves, but the principles discussed can definitely be applied on the level of the individual, in your personal life. So in an ever-globalising world which some may even claim is too globalised, how do you find your place and what exactly does it mean to find your place in a globalised world?
Let’s address the issue of what it means to find your place first…
Where you fit in the global economy
It’s perhaps pertinent to first discuss it from this point of view because in effect, answering this question of where you fit in the global economy can give you all the ideas you need to find your place and get your slice of the pie. So for the most part the typical individual in this world is nothing but a cash cow to be milked in every which way possible. The big corporations aided by the marketing industry absolutely love it when there is a group of predictable people perpetuating that predictable cycle for as long as they are economically-earning adults until they can no longer spend their money (when they die). This way they don’t have to do much to keep earning money.
The energy producers know roughly how much energy is going to be consumed and by whom, so they score a home run every time with regards to where they source the raw materials to produce and provide that energy, as well as how they price the final output. This is a practice which is evident in every industry – I was just using the energy sector as an example.
So basically where you fit in the global economy is as a cog which keeps the economic machine running. It’s not necessarily a bad thing, but surely there are many of us who perhaps want to do things a little differently?
Finding your place by climbing over to the other side
I mentioned first how defining your current role in the globalised world will help you find your place if you want a piece of the pie through something like perhaps operating as an entrepreneur exploiting global opportunities. That is indeed what you have to do.
Think about some of the products or services you buy – how many of those are sourced or produced locally? Very few of them, if any, right?
Now if you flip the script and look at it from the point of view of a producer of goods and even services, you’ll realise that the world is your oyster. For example, just because I’m based in Johannesburg, South Africa, that doesn’t mean I can’t get value out of consulting with a CPR Law firm based across the Atlantic, in Philadelphia, even if it’s just to get some information I can perhaps modify to apply in my own local environment, since it would indicatively be some information from some experts who are some of the best in their field of practice.