Food For Thought: Economists forcast rapid growth through 2015, due to oil prices and the jobs report. #Entrepreneurs and #Startups can benefit from this data. How? With an increase in employment think of the ancillary services that suffered since the crash in 2008; also with a reduction in oil prices, think of the repercussion in savings from transportation to production costs across the globe. With the White House paying attention to US production outputs, across manufacturing sectors. Overall US output is getting the attention it deserves and is needed for long term recovery. With that, what is the quality of the products available in your chosen sector, what is the reputation you will be competing against? For a #smallbusiness #startup #entrepreneur think of the repercussions regarding the quality of products, coupled with the American societal emphasis on quality (we pay for quality) for the products we all like; now think Lean product development on the scale of bringing a minimal viable product to your intended customer base. Have a great day thinking strategically. Opinions of Aysha Cox-Daniel.
Posted on: Mon, 08 Dec 2014 12:13:11 +0000
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