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Risky Is the New Safe

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Risky Is the New Safe

The Rules Have Changed

Wiley,

15 min read
10 take-aways
Text available

What's inside?

To profit from future turmoil, be a contrarian and take calculated risks.

Editorial Rating

5

Qualities

  • Controversial
  • Comprehensive
  • Visionary

Recommendation

Many people are gloomy about the global economy; on top of that pessimism, today’s outmoded educational systems, obsolete business models and irresponsible governments accentuate the feeling of malaise. Randy Gage, a “prosperity coach” and prolific author, advises that problems present opportunities and that the way to get ahead is by being a contrarian. Gage’s views can be a little far out at times, like when he predicts a near future in which animals take over people’s jobs, employers clone workers and virtual sex becomes a reality. He covers too much terrain to be in-depth about any one thing and verges on the platitudinous, yet he clearly conveys his message of self-reliance, risk taking and individualism. getAbstract suggests his concise look at what may come to open-minded entrepreneurs, free-market thinkers or anyone who wants an unconventional – and contrarian – view of the world.

Summary

The Hunter

Disruptive change is engulfing every aspect of your life, including your business and your leisure time. To profit from change, don’t just follow the latest trends and latch on to what everyone else is doing. Anticipate upheaval and benefit from the transformations roiling the modern world. Prepare now for what is just over the horizon. If you want to catch an elephant, don’t follow it; “get in front of [it] and dig a big hole.”

Technology has made millions of jobs and even whole industries redundant, and that’s not going to change any time soon. Many companies are living on borrowed time because of their obsolete business models. In Thailand, for instance, trained monkeys that are plucking coconuts from trees already displace human laborers. In the not-so-distant future, employers could clone their most productive employees, leaving even more people out of work.

No government – whether democratic or dictatorial – can protect you from change. Large investments in educational degrees will not buy you a job that endures until you retire. Loyalty is out – if you stay in a company too long, you become an expensive liability. You can no longer keep your...

About the Author

Randy Gage has written nine best-selling books on prosperity and success that have been translated into 25 languages.

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