About this videoIn this conference, Gary Hoover shares key recommendations for building and sustaining a successful enterprise, in which, he focuses primarily on the importance of investigating and becoming an expert beforehand in any business that anyone wants to venture in. The most profitable entrepreneurs are those who learn from history, in order to foresee what the future will entail through the analyses of cyclical or linear patterns present in every industry. In addition, Hoover discusses the importance of the study of demographics and geography, and its utility in comparing it to other similar industries. He strongly emphasizes on the value of learning from others, which enables new and fresh perspectives. Previous successful business models can be applied to new companies, but the only attribute that separates companies that are ascending to those that are weakening is the customer service satisfaction and attention to detail. Hoover suggests that passion, alongside innovation is necessary to become a visionary entrepreneur. |
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CreditsHow to Plan an Entrepreneurial Venture
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