So you're a regional business planning to stay regional. Should you care about doing business nationally, or even internationally? Companies must know how to break out of their regional box. Competitors, domestically and internationally are planning to enter your market. You must have a game plan to deal with these competitors.
-Did you know that 90%+ US GDP is produced by companies with fewer than 25 employees?
-In 2007, US exported $1,6 trillion worth of goods and services, a 13,1% increase and imported $ 2,3 trillion goods and services, a 6,8% increase
-10 industries most likely to be extinct in 10 years : record store, camera film manufacturing, crop dusters, phone books, newspapers, pay phones, used book stores, piggy banks, telemarketing, coin operated arcades
-More than 100 million Americans belong to groups that have an Internet presence
Do you realize that the US is no longer the leader in technology advances? The rest of the world adopts new technologies at a rate that is between 3 to 10 times greater than the US. The internet and technology can help sustain your business into the 21st Century. As technology evolves you must stay ahead of it.
-70% of the global PC sales are outside of the US
-86% of internet users are outside of the US
-The US ranks 7th in the innovation category
-The amount of new technical information is doubling in two years
The Path To Success: Many entrepreneurs ignore the above facts because they have no desire to go global. The good news is, it's not about “going global”... just focus on becoming "competitive” in this global, Internet marketplace.
Now the good news. As a business owner you can empower yourself to control your business's destiny. Every business needs three things to compete in this new borderless Internet economy:
- People: Connections to properly vetted individuals and strategic resources to help you compete.
- Resources: The best possible Internet Communications Technologies …the tools to compete!
By using people and resources in the correct manner to achieve maximum efficiency you can increase sales and decrease costs. Your Path to Success starts with you analyzing your business and taking the corrective actions to improve your network.
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