Change—Adjusting to a New Set of Circumstances
I stated in the chapter titled “Mindset on Pioneering and Innovation” that entrepreneurs must remain on the cutting edge of their industries and be agile enough to switch gears as internal and external factors arise. Government regulations, customer expectations, new technologies, global economic conditions, and staffing changes are all catalysts of change. Refusal or resistance to change can cause a business owner to lose market share or, even worse, become obsolete. Embrace change. Change forces business owners into new territory that could result in an improvement of products, services, business operations, systems, and processes that they might not have otherwise experienced. ...
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