If your business is presented with a new opportunity or develops an innovation that will revolutionize the market you must explore it thoroughly and act quickly. It’s also critical to keep an eye on cultural shifts and how consumer trends and interests are adapting. Especially as technology advances we need to stay agile and continually improve to adapt and evolve to stay ahead of the curve. As you might imagine there are many more lessons to be learn. So get more specific and in-depth about your specific industry and what similar companies are failing and succeing at. While we can learn a lot from other companies and what history has shown us this doesn’t have to be the fate of your small business if you pay attention.
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