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How to Master being a small business owner for life? - Printable Version

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How to Master being a small business owner for life? - Aplus - 04-09-2023

How to Master being a small business owner for life?

For a lot of people being a business owner / entrepreneur is the dream/goal……… but how do you ensure you can be self employed for the LONG TERM?

Some businesses fail after a few years or products/trends are no longer in demand.

Do you have an “innovation” plan for every decade?

Blockbuster went under because they couldn’t adapt fast enough or foresee the changing industry. Chain restaurants from the 80s are gone because they never modernized or updated their menus.

  • Is anyone setting aside additional money, just case they need to pivot to a new idea/service/industry down the road?

  • Do you think what you are doing now will sustain you over the next 10, 20, 30 plus years?

submitted by /u/JoeMothCatcher56
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