THERE’S ALWAYS A OPPORTUNITY FOR STARTUPS: AWARENESS OF THE MARKET CHALLENGES, DO MEDIUM AND LARGE COMPANIES LOOK OUT?
There is always an opportunity for Startups.
Aware of the market’s challenge, do medium and large companies see it?
Yes of course.
But from:
– (1) awareness to do (awareness)
– (2) work to see it as a strategic project: it must win, want to win, at all costs to win, if not, the company There will be no progress, even danger, regression (Strategy to win)
– (3) find a team with a strong vision and high commitment (strong vision, high commitment)
– (4) work diligently (focus)
– (5) do until a (significant impact) is produced
That’s a problem, especially for businesses that have had achievements and legacy and assets in the past.
The times when they are assured of victory, of legacy, of scale and magnificence (big cash flow, big assets, big debt, big challenge); is the opportunity for Startups.
So someone asked, what makes a business stay fresh and always feel compatible with the market when everyday creativity and new business models are born?
It is to be aware of the importance of market information, the importance of financial indicators that reflect business health, and keep yourself learning every day.
I go to the market site every day, sit with investors who own dozens of companies, stocks, talk and work with founders and we see that interesting shift.
Elevating the market, helping businesses, being cautious even when they are at the top, drawing up an annual strategy, re-evaluating the SWOT and honestly looking at themselves, are something that not every leader can do.
Being rich, no one thinks about risk, right?
But financial numbers are all about how a business is reacting inside and outside of it.
They can have a very good grasp of their own people, tangible and intangible assets, processes, and existing strengths/weaknesses.
But they don’t have enough time, information about external factors: Politics, technology, social trends, economy…
So usually the strategies in the head of business owners will be correct about 50% – 60% and flexibility will often be very high to meager, to drive your own business.
When the financial market trend is high and stable, they do not have to worry too much, but when operating in the period of the pre-recovery market and with fewer safety signals like now, the risk of death comes from We do not know the health of our own business through financial data.
Worrying for businesses that have not determined the right attitude;
Good news for new businesses who always know the right way and take the opportunity;
Worth thinking for businesses that are not too big to pressure, but large enough to determine their own caution.