The Need to Adapt as a business person.

[Niyi Briggs]

This our works is changing and evolving every day. If as a business person, you fail to adapt to the change proffered by the world, you would be blown away and left behind. Look at what happened to Nokia and other notable companies. Nokia was still holding on to it's archaic tendencies even when they had a chance to embrace android, they refused. Today, they are dead.

 

[gammarays]

Adaptation is the key to survival in the sphere of life not just business. A business owner needs to be aware of ongoing trends so as to be a part of it. Businesses are accepting crypto currency payments recently.

 

[averygirl]

I was thinking of Nokia the other day and ask where it is now. That is true if you are in business you need to adapt and adjust to keep up with the trends

 

[gammarays]

I was thinking of Nokia the other day and ask where it is now. That is true if you are in business you need to adapt and adjust to keep up with the trends

Nokia is still in business producing smartphones but they've lost the market share to competitors like Apple, Samsung, xiaomi etc. They came late to the party.

 

[Springtime]

Both individuals and companies need to adapt to the change of the society, particularly in this digital era. For businesses, the needs of customers are changing rapidly. Companies need to offer products/services which meet with the expectations of customers.

 

[gammarays]

Ya everything is rapidly changing so everyone needs to adapt too. It's either one adapts or lose out in the scheme of events. That's why information is good.

 

[hastral45]

As a businessman, you must not be rigid in nature. You must be flexible to innovations, ideology etc. You must be able to adapt to any changes that happen in the course of running your business.

 

[Shavkat]

If a businessman is not open to changes , he or she will not be able to cope up with business trends. This is how they need to consider to keep on gaining profit.

 

[Magnus2022]

Ability to see change in the business environment and adapt to it is the most important factor to remain relevant in business. A lot of big companies failed because of inability to sense where the market is moving to. IBM suffered the same fate like NOKIA.

 

[eldavis]

Every business owner must learn how to be flexible. The market is constantly changing, for you to be able to flow with the trends, you need to be able to adjust at all times.

 

[Niyi Briggs]

Adaptation is the key to survival in the sphere of life not just business. A business owner needs to be aware of ongoing trends so as to be a part of it. Businesses are accepting crypto currency payments recently.

You see this cryptocurrency thing? It would happen like a whirlwind that every major business would accept cryptocurrency and if a business holds on to traditional payments, they would be swept away.

 

[Heatman]

This our works is changing and evolving every day. If as a business person, you fail to adapt to the change proffered by the world, you would be blown away and left behind. Look at what happened to Nokia and other notable companies. Nokia was still holding on to it's archaic tendencies even when they had a chance to embrace android, they refused. Today, they are dead.

There is no way your business can remain static for a very long time because there is always events that are always affecting businesses, which means that you will also have to adapt to them in order for you to still remain in business.

 

[Niyi Briggs]

Some people are so rigid that someone would even bring new idea to them, they would turn it down. It is difficult working with such a boss.

 

[gammarays]

You see this cryptocurrency thing? It would happen like a whirlwind that every major business would accept cryptocurrency and if a business holds on to traditional payments, they would be swept away.

Yes it's happening already. Competition is on ground so clients or members will gladly shift to competitors that offer crypto currency payments. Major debit card issuers like Visa and MasterCard are exploring crypto credit cards.

 

[IB D]

The business world is ever changing. Before, we didn't use to have zoom meetings as part of businesses but today, it is a common feature. If you don't move with the trend, such a business would be left behind.

 

[Reedex]

It is very important to adapt to any kind of situation as a businessman and that is the onus of a business-oriented person.

 

[IB D]

Yes it's happening already. Competition is on ground so clients or members will gladly shift to competitors that offer crypto currency payments. Major debit card issuers like Visa and MasterCard are exploring crypto credit cards.

The way the youths are using cryptocurrency as a payment option, it would just be a matter of time. I am already priming my business to accept cryptocurrency payment.

 

[cherry123]

The truth us that a business owner needs to be aware of ongoing trends as adaptation is the main thing for survival in the sphere of life and business to succeed

 

[IB D]

Some people are naturally rigid and they even take that into business. It is one of the worst traits that a business can posses. It would bring the business down.

 

[Heatman]

The way the youths are using cryptocurrency as a payment option, it would just be a matter of time. I am already priming my business to accept cryptocurrency payment.

This is something that I'm equally doing as well because it is one of the best means of getting payment for any kind of business transaction that you have without having to worry about transaction fees.