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RE: A Personal View On S.W.O.T Analysis For Entrepreneurs [ENG/ESP]

in Be Entrepreneur3 months ago

A business without threats is definitely not growing

The above assertion is so true. Unfortunately, some business owners wake up late to threats and find themselves struggling where they use to prosper. I actually remember Nokia as a phone brand. There was a time they were winning the local market because of strong battery. But they did not recognize the threat of technology shift towards Smart phones. By the time they woke, it was too late. Other brands took their market

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Yeah, that's a good example of not foreseeing threats and acting accordingly

Sure it was!