Wilson Public Relations Founder + Chief PR Officer Beth Wilson is a proud member of the Business Journals Leadership Trust, an invitation-only network of influential business leaders, executives and entrepreneurs in your community.
Being able to “read” the market is an essential skill for entrepreneurs. Staying on top of — or ideally, ahead of — market changes can help leaders identify new opportunities and better prepare for anticipated challenges.
However, new entrepreneurs may not always be sure of the best ways to research and monitor these trends. The members of Business Journals Leadership Trust are experts in guiding their businesses through ever-evolving market conditions. Here, they share 12 effective ways for business owners and leaders to keep their eye on the ball and stay ahead of competitors.
What Beth had to say:
Never stop learning.
Here’s my motto: Never stop learning! Read and stay on top of local, national and industry news. Pay attention to what’s happening in the market, including what’s going on with your customers, their behaviors, your competition, relative market share and so on.