Capitalize on Emerging Technologies and Growing Trends

Be sure to like our Facebook Page, How to be a Better You, for more!

Published: 15th of May, 2023

Last updated: May 16, 2023 at 4:01 am

In his book, “The Science of Getting Rich,” Wallace D. Wattles predicted that air transportation would employ millions of people. That book was published in 1910 – just about 7 years after the Wright brothers invented the airplane and completed the first ever heavier-than-air powered flight.

No man is kept poor because opportunity has been taken away from him; because other people have monopolized the wealth, and have put a fence around it. You may be shut off from engaging in business in certain lines, but there are other channels open to you. Probably it would be hard for you to get control of any of the great railroad systems; that field is pretty well monopolized. But the electric railway business is still in its infancy, and offers plenty of scope for enterprise; and it will be but a very few years until traffic and transportation through the air will become a great industry, and in all its branches will give employment to hundreds of thousands, and perhaps to millions, of people. Why not turn[24] your attention to the development of aerial transportation, instead of competing with J. J. Hill and others for a chance in the steam railway world?

The Science of getting rich – Chapter III

A poor person in the 1990s, for example, might have looked at someone with a successful brick and mortar store and feel dejected that he does not have the means to achieve the same. Getting capital is difficult, and even if he does, the competition might be strong because the existing stores already lock the market.

But in the 1990s, an emerging technology, websites, were coming to replace book and mortar stores. And this youth would have found it very easy to become skilled in coding and create a successful online store within a few short years for the cost of a few pennies. Today, even Walmart has closed many of their brick and mortar stores in the face of emerging online commerce.

Many of us look too long at the closed doors that we fail to see the ones that are opening before our eyes. We fail to think positively. We grieve about what we don’t have instead of being thankful of what we do have and making the most of it.

Look around you. There are lots of opportunities all around to get rich. Look for emerging technology and growing trends and make the best of it.