Fast Growth Strategies Should Focus on Megatrends
One of the most important differences between ordinary entrepreneurs and tycoons is what they focus on. The former tend to concentrate on niche opportunities while the latter often look for a megatrend to jump on. To get you started thinking more like a tycoon take a look at these two articles on megatrends and ask yourself how you might capitalize on them.
To make this approach work better for you think of industries as eco-systems. This is recommended because eco-systems tend to be complex with hundreds, if not thousands, of different types of participants. Some will have high capital requirements for entry. Others will have high hustle requirements. You should be able to find a way to latch on no matter what your financial situation is. Where there’s a will there’s a way.
Six megatrends that will affect you in 2012
THE GLOBAL 20: The Big Trends That Are Changing The World