Know your industry

It’s vital to know what is coming next.

If you own a movie theater and don’t know that the technology is changing to show movies, when the change is made, you are out of luck.

If you own a restaurant and don’t know about upcoming legislation that will change the requirements for your kitchen, you are in trouble,

If you are a Realtor and specialize in a certain area of town and don’t know about proposed zoning changes for that area, you are in trouble.

If you are a doctor and don’t know about new research that could radically change your specialty, you are in trouble.

You MUST know as much about your industry as possible. Knowledge truly is power. It’s better to know something and then make the conscious decision to either do something or not, than to not know about it in the first place.

Learn from reading. Learn from talking. Learn from listening. LEARN about your industry every chance you can.

Those who know about upcoming changes have the ability to adapt, prepare or possibly lobby against these changes. Those who don’t know about upcoming changes are always reacting after the fact and then wonder why things aren’t working the way they want

Have a great day!

Lawrence

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