The lights are going out, all over America, because of what I call: “The Transition.”
- Amazon has taken over retail.
- Uber has taken over cabs.
- Apple and Spotify have taken over music.
- Netflix has taken over movies and TV.
- Google has taken over data.
- LinkedIn and others have taken over job searching and hiring.
- Expedia and TripAdvisor have taken over the travel industry.
The list goes on and on.
In short, for many years now, we have been transitioning from the industrial age… to the computer age.
We have moved from a paper-based analog world… to a digital society.
In 2019 an estimated 12,000 retail stores in America will close and thousands will lose their jobs. But others are getting rich — Will you be one of them or will you be left behind?
For some, the transition has been devastating. In 2019 alone, an estimated 12,000 more retail stores will close.
You’re probably familiar with closings at places like Sears, JC Penney, Kmart, Best Buy, and Macy’s, but did you know 390 Family Dollar stores will close this year… 650 Dressbarn stores will close… and 2,100 Payless ShoesSource stores will also close?
The Gap is now shutting down 230 stores, Walgreens is shutting down 200 stores, Pier 1 is closing 145 stores… and even Walmart is shutting down 17 stores this year.
Thousands and thousands of people are losing their jobs as a result.
Investment bank UBS estimates another 75,000 retail stores across America could be lost by 2026.
Meanwhile, the money that’s been made by those who have capitalized on this digital trend has been remarkable.
$100 invested in the very early days of Amazon (which I first recommended my customers buy back in 1999) would now be worth more than $130,000. The same amount in Apple would now be worth more than $45,000. In Netflix, $34,000.
Personal wealth has shifted dramatically too…
Jeff Bezos is now much richer than Warren Buffett. The “cloud computing” software kings at Salesforce just built the tallest building west of the Mississippi. The hottest real estate market in America is now, get this: Tacoma, Washington.
Because the previous hottest real estate market, Seattle — home to digital companies like Microsoft, Amazon, Tableau, and Expedia — became unaffordable to all but the very wealthy.
When you look at the 10 richest Americans according to the most recent full-year ranking, this shift becomes obvious…
Only Warren Buffett and the Koch brothers made their fortunes outside this shift from an analog world to a digital society.
I call this new class of digital millionaires and billionaires the “Digerati.” And after figuring out this trend years ago, I’m now one of them.
Today I want to introduce you to our world, because something big… really big… is coming next.
And the truth is, while those who understand this trend are getting rich, those who don’t (which includes the vast majority of America) are getting left far, far behind.
Consider this simple example of what’s about to come, which is only the tip of the iceberg, but is easy for everyone to understand… and as a result has been widely reported on in the mainstream press…