Elon Musk’s Tesla, Bill Gates’ Microsoft and Jeff Bezos’ Amazon, in addition to Mark Zuckerberg’s Facebook Have what’s Required, but Will They Make the Strategic Moves?
All of the giants, including, but not limited to businesses like Elon Musk’s Tesla, Bill Gates’ Microsoft, Jeff Bezos’ Amazon, Mark Zuckerberg’s Facebook, Uber, Apple, Macy’s, Walmart, and Starbucks have a big chance to come out of the coronavirus (COVID-19) pandemic as “smaller companies.”
A good example is Macy’s (NYSE:M), as CEO Jeff Gennette declared: “We’re going to emerge out of this as a smaller company,” and “We don’t quite know what the ramp back looks like.”
Obviously, the department store chain will be smaller after spending months within the COVID-19 environment – a lot smaller than it was before the coronavirus pandemic.
Another good example is Starbucks, along with other chains, which get a big part of their revenue selling coffee. Because of the lockdown, people went back to preparing their morning coffee in house and some really are used to having it that way. Also, the COVID-19 lockdown has taken too long, and that’s a real worry for companies like Starbucks – the duration of the coronavirus lockdown has passed expectations and it’s likely that people won’t return, at least in the same numbers, to their old lifestyle.
That means they won’t visit Starbucks and other chains as often as they did before, even if the coronavirus (COVID-19) lockdown measures would be entirely lifted – clearly, Starbucks and other chains will face the loses hitting them every day. In the end, there’s a big chance that all those chains, including Starbucks, will come out of the coronavirus pandemic as much smaller businesses, compared to their size before the COVID-19 outbreak.
Elon Musk’s Tesla, Bill Gates’ Microsoft and Jeff Bezos’ Amazon, in Addition to Mark Zuckerberg’s Facebook Have a Big Chance If They Do the Right Thing
If they’ll be creative enough, think out of the box, dramatically change the business model, expand the businesses in the right directions and if they’ll invest significantly in the key unexpected areas, they won’t only have a strong chance to survive, but each business will grow beyond your imagination.
Clearly, those who have maintained a direct control over their business have the best chances to expand their business. The future revenue and success of these businesses, which still greatly depend on their founders, have a major chance to not only survive the upcoming changes, but to also make a great future for their shareholders and for our future.
Directions: Libra, Human Robots, Full Self Driving Cars, Vehicles that Do Not Require a Driving License or a Driver to Operate, Internet of Things, Applicable Space Technologies
As a lot of people are now less confident about autonomous technology adoption, saying there’s a 75% chance that Tesla will fail to create a fully autonomous car, Elon Musk must, obviously, change the strategy and adapt. One of the required changes is to make sure he will provide the necessary resources in order for a fully autonomous car to be available soon and to make it happen within a reasonable time frame.
Elon Musk mentioned “I think we will offer Full Self-Driving as a subscription service, but it will be probably towards the end of this year” – Unfortunately, the “Full Self-Driving” service isn’t exactly Full Self-Driving. It’s just the more expensive version of Tesla’s Autopilot feature which helps the vehicle navigate highways, change lanes, and park with reduced driver intervention, so it’s only a small improvement, but not the real thing.
Elon Musk really needs to move forward and provide the resources which are necessary to make a fully autonomous car, a real Full Self-Driving vehicle available for everyone.
Mark Zuckerberg has the right vision, and one example is that he wanted to launch Libra, the alternative of today’s financial system and the existing traditional money operations. Obviously, he lost his courage amid the very high pressure coming from major banks that used all their political influence and government relations to stop Libra, as that could change them from big banks to smaller banks, which wouldn’t be so powerful and influential for much longer.
If Mark Zuckerberg will continue to be afraid and will hesitate to take the right strategic decisions, Facebook itself will become a smaller company, instead of the big banks – and this is just one example. We will all have to suffer if we have to play by the rules imposed by the big banks, as they have a de facto monopoly with no real competition, and use governments and other authorities to help maintain their monopoly.
See Jeff Bezos’ full statement, a clear confirmation of the big changes the near future brings, below:
“From online shopping to AWS to Prime Video and Fire TV, the current crisis is demonstrating the adaptability and durability of Amazon’s business as never before, but it’s also the hardest time we’ve ever faced,” said Jeff Bezos, Amazon founder and CEO. “We are inspired by all the essential workers we see doing their jobs—nurses and doctors, grocery store cashiers, police officers, and our own extraordinary frontline employees. The service we provide has never been more critical, and the people doing the frontline work—our employees and all the contractors throughout our supply chain—are counting on us to keep them safe as they do that work.
We’re not going to let them down. Providing for customers and protecting employees as this crisis continues for more months is going to take skill, humility, invention, and money.
If you’re a shareowner in Amazon, you may want to take a seat, because we’re not thinking small. Under normal circumstances, in this coming Q2, we’d expect to make some $4 billion or more in operating profit. But these aren’t normal circumstances. Instead, we expect to spend the entirety of that $4 billion, and perhaps a bit more, on COVID-related expenses getting products to customers and keeping employees safe.
This includes investments in personal protective equipment, enhanced cleaning of our facilities, less efficient process paths that better allow for effective social distancing, higher wages for hourly teams, and hundreds of millions to develop our own COVID-19 testing capabilities.
There is a lot of uncertainty in the world right now, and the best investment we can make is in the safety and well-being of our hundreds of thousands of employees. I’m confident that our long-term oriented shareowners will understand and embrace our approach, and that in fact they would expect no less.”
Jeff Bezos is right, declaring that “There is a lot of uncertainty in the world right now” – he’s also right to keep the available cash for the required investments and not to get it out as profit.
Obviously, he doesn’t want to disclose the strategic plans he has at the moment. He must to stay ahead competition with all other possible development plans, like the space technology and space related business, fully self-operated flying vehicles and a lot more he has on his plate at the moment.
Some other businesses have real chances to adapt fast enough if the management can reach strategic decisions. Unfortunately, the decisions don’t only depend on one person, like the cases of Elon Musk’s Tesla, Bill Gates’ Microsoft, Jeff Bezos’ Amazon, and Mark Zuckerberg’s Facebook, so we’re worried they may not be able to take decisions and implement those decisions in a timely manner. Here we can include Apple, Uber, as well as other giants.
National ENQ Business News: Investors to Sell Starbucks, Apple, Intel, and Disney Stock – It’s Recommended to Buy Elon Musk’s Tesla, Bill Gates’ Microsoft and Jeff Bezos’ Amazon, in addition to Mark Zuckerberg’s Facebook If They’ll Make the Right Moves
If Elon Musk’s Tesla, Bill Gates’ Microsoft, Jeff Bezos’ Amazon and Mark Zuckerberg’s Facebook will have the courage to invest in strategic developments, including directions like Libra, Custom Human Robots, full self driving cars, vehicles that do not require a driving license or a driver to operate, real, applicable space technologies, useful internet of things systems, absolutely new devices, and services that will significantly improve people’s lives, there’s a really big chance they’ll make it, and have a bright future.
The alternative is for them to become much smaller, following what’s already happening to Macy’s.