We’ve been reading several articles (and we’ll post one in the comments) about the economic recovery, entrepreneurship and employment and we’re seeing some alignment with anecdotal evidence both first hand and here on LinkedIn. One of the things we do at 1Focus as a way of giving back is give back to young entrepreneurs with prescriptive guidance and direction, especially when it comes to technology.
We’ve see a significant uptick in solo entrepreneurs, and at least 20% of them have proven to be nimble & adept at pivoting – a greater version of which we incorporate in our global client engagements.
This is where Diffusion of Innovation Theory comes into play (link in comments). With all size of our clients there is often a concern of competition. But this is good – you don’t always want to be first, it’s ok to launch with a small pack of competitors. That competition will drive differentiators and a higher level of service – both of which are opportunities to create distinct advantages.
If you feel the drive to start a business – do it – with intention! And remember, competition is good, for your business and for your consumer and it allows you to compete on more than just price!
We’re big believers in opportunity, so, we’ll give the first three folks who ask an hour of advice – gratis.
What are you waiting for?
Celebrate the Small Wins!
