What Made you Money in 2017 will not Necessarily Work in 2027 - 57/101 Entrepreneur Mistakes & Lessons

Because the world is changing all the time, the methods and strategies that worked for your business in 2017 may not work in 2027.The world moves, markets change, trends move, tastes change and technology changes the world.Technology, trends, tastes, etc, will change. You've got to keep up and be on the lookout for changes.New technologies will come along and change the playing field. When Amazon was starting to be established, it threaten Walmart. Amazon has around 150,000 employees whilst Walmart has around 2,000,000. But it is the opportunity that arises through Amazon that can really change your business. Keep an eye out for these new technologies, businesses and software's that can revolutionize business. Just how Facebook and YouTube has changed how we do business when they came along.Do you want to be riding the wave of change or being flattened underneath it?Look at some of the biggest businesses: Microsoft, Apple and General Electric. They know that their products being sold 2007 will not sell today.The market has moved on, people want different things, the world is more complex; so faster and better technology is demanded and expected.You have got to change with the times, otherwise your business will struggle and falter.You have go to adapt to a new world, or risk being left behind.When you are playing the long term game, you've got to recognize that changes happen and you've got to change with them. And the long game, to me, is the only game worth playing.There are another 100 mistakes that I made here.