I was listening yesterday to a news headline highlighting a wealthy Chinese business person that had just purchased a $170 million piece of art. This business person had started his professional career as a taxi driver. Through investments and a strategic approach, over time this gentleman has built a successful operation where he funds 4 museums!
It is always so easy to look at the present situation and think that it will always be such. BIG companies think that they will always hold positions of dominance and market share, and struggling small businesses can easily not see the light at the end of the tunnel. However nothing stays the same way forever.
BIG businesses lose vision and purpose and easily can be overtaken by emerging competitors.Take Motorola for example, when Flip phones were all the craze, they ruled the cellular phone market. In less than 5 years of the introduction of the "Smart phone", it is hard to even find a phone made by them anymore. There are so many examples of companies that go from shinning brands to forgotten and bankrupt losers.
In the same way that a taxi driver can rise to a multi millionaire, so too can small businesses and business owners rise. It takes a lot of hope, a lot of hard work and a lot of reflective study in the approach and business activities undertaken.
Africa is full of small enterprises that will take on the giants, what about you and your ambitions, are you taking on the giants, but more so, are you ready to take them on?
It is always so easy to look at the present situation and think that it will always be such. BIG companies think that they will always hold positions of dominance and market share, and struggling small businesses can easily not see the light at the end of the tunnel. However nothing stays the same way forever.
BIG businesses lose vision and purpose and easily can be overtaken by emerging competitors.Take Motorola for example, when Flip phones were all the craze, they ruled the cellular phone market. In less than 5 years of the introduction of the "Smart phone", it is hard to even find a phone made by them anymore. There are so many examples of companies that go from shinning brands to forgotten and bankrupt losers.
In the same way that a taxi driver can rise to a multi millionaire, so too can small businesses and business owners rise. It takes a lot of hope, a lot of hard work and a lot of reflective study in the approach and business activities undertaken.
Africa is full of small enterprises that will take on the giants, what about you and your ambitions, are you taking on the giants, but more so, are you ready to take them on?
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