It is a very competitive environment. The winner of a war is the side with the best information, knowledge and understanding of the terrain they’re on and the opposition they’re facing.
Just as in a war, your business needs “intel” in order to succeed and make money. You need to know everything you can about:
The Supply Chain
The Distribution Channel
The Methods others used to win
The Methods others used that failed
The financial methods used as leverage to grow faster
The most efficient ways to buy, sell, create, outsource and network
We will all have failures along the way. It’s failing fast, learning from that failure, and getting back in the game that makes the difference between winners and losers.
Get Rich Click! by Marc Ostrofsky