Paykii

by: Fabian Saide Whether you like it or not, we all must admit times are changing. The Digital Age has expanded opportunities, bridging niche markets and creating competition in every single industry. We’ve all heard the line from managers and entrepreneurs resistant to change. I certainly don’t know the intricacies of every industry, but I do know that we cannot simply sit still and expect business to continue as usual. We must be proactive and anticipate digital transformation in every aspect of our businesses. For example, let’s take a look at the auto industry. Toyota has been building and selling cars for more than 80 years, and, for the majority of those years, their only competition was other car manufacturers. But modern technology birthed a whole new kind of competition in the form of Uber and Lyft. Around the same time, the University of Michigan released a study showing a decline in new teen driver licenses. Beyond the newfound accessibility and convenience of ord