What entrepreneurs cannot afford to overlook?

What entrepreneurs cannot afford to overlook?

Stay relevant.

With ubiquitous availability of information & coming up of new technologies, it is going to be hard for entrepreneurs ahead. Due to technological development, it has become easy to build a billion $ company in a very short time than compared to earlier times when it used to take 2-3 decades.

It will be a bigger challenge to stay relevant for small entrepreneurs. So, what one thing entrepreneurs cannot afford is to ignore technologies that are going to shape our future.

Impact on small entrepreneurs:

√ They only have the choice to shift to businesses that are related to technologies coming up.

√ Why only single choice? Because it is really hard for them to fund for R&D. R&D is going to be an edge to big corporates.

Staying updated: is a MUST.  Read about technologies & how they are going to shape our future in coming days.

Read Read & Read untill​ you understand. Then look for ways to integrate new technologies in your business model.

Elon Musk is a great example of present time. He is a self-made person & read as many books as he could on science & technlogy so as to arm himself with “right knowledge” that would be relevant in the present. And guess what? He is truly changing the world with innovations in Space Technology & Electric Cars.

With Great Love,

Er. Amit Yadav

http://www.stayfoolish.in

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