This generation is more concerned about future-proofing their business than any generation in the past. The reason... this generation has seen unprecedented technological advancement. In an instant, change happens. New developments happen in the blink of an eye. What you thought not possible is possible in another part of the world. New ideas die or are replaced by newer and better ideas faster than you can think of them.
Because of the speed of communication and availability of data and information, entrepreneurs are often bombarded with business building advice from several directions. Several advice complicates the future-proofing of a business. Trying to utilise available technology complicates things.
We should go back to the basics; here are some simple reminders on how you can future-proof your business:
- Invest in yourself. You should keep learning because you are your greatest asset. Invest not only on your knowledge or intellectual capability but also on your personality. Have you heard of power dressing? Dress up for success. Do not be sloppy in your choice of clothes. Dress up for a meeting or a presentation or even if you will just meet some friends. Power dressing exudes confidence. Your mind will align to how you feel with yourself.
- Surround yourself with the best people; their personality will rub on to you. Build a great team; you need a strong team to future-proof your business.
- Keep networking. Whatever business you are in you need to expand your network to get more business, get more ideas, and be in-tune with the latest in your industry. Remember that networking is more than handing your business card to someone. Networking is building a solid relationship of trust, respect, and commitment to help one another.
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