Today, I'm going to arm you with powerful facts that rule the business world, and help you put your firm on that strong foot in the competitive market place. Take them and make use of those you can.
1. United state is the most entrepreneurial country in the world (Organization for Economic Development and Co-operation in Paris)
2. 70 percent of all new jobs are created by small and mid-sized companies
3. Opportunities are presenting themselves daily for more people to become entrepreneurs
4. Over 2 million business are started each year
5. Technology expansion has caused a resultant effect in expansion of businesses
6. It has been estimated the knowledge of business doubles every year as more articles and publications are released every year.
7. The world market welcome a variety of goods into the shelf every year, and products barely last long enough before they are out phased by new ones.
8. Competition in the market places are getting fiercer year in year out
9. The powerful trio of Information, Technology and competition are the bench mark for determining the success of a business and hence speed up changes (these trio would be discussed in subsequent posts in this column).
With these data at your finger tips, you better make use of them to get the best out of that business and idea.
(Note: fresh from the stables are our weekly podcasts, more info in due time)
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