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The Digital Revolution – How your business will be affected in the next 5 years!

How can this information change your life?

The Digital Revolution is defined on Wikipedia this way:

“The Digital Revolution is the change from mechanical and analogue electronic technology to digital electronics which began anywhere from the late 1950s to the late 1970s with the adoption and proliferation of digital computers and digital record keeping that continues to the present day.” – Wikipedia

The Internet, Websites, Smart Phones, Social Media, Cloud Based Software, the list goes on and on. The Digital Revolution has affected every area of our life. Recently I was purchasing a new washer and dryer set for our home and I was looking at the WIFI settings. That’s right WIFI settings on a washer and dryer!

Understanding how to leverage digital technology in your business is a critical component of keeping your company on the path of influencing revenue to grow. Failure to execute a digital strategy will result in the businesses failure and that is why this post can change your business and your life.

What do we really need to know about this subject?

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Ground-Breaking Research for Small Business Owners (3 minute read or less)

After conducting independent research with small business entrepreneurs who own businesses that are between 1 – 5 years old and generate revenue of $250,000 or less I was totally astonished by the results of this study and you may be as well.

The lessons we can learn from this study I think can really contribute to entrepreneurs future success IF we heed the warnings and make the necessary changes.

Thanks to the Millionaire Digest blog I was inspired to do my own research and post the results in a blog that would take 3 minutes or less to read.

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The 10-year challenge of being a small business owner

So many small business owners that I speak to are all dealing with the same type of issues. When the business is new they are often overwhelmed by the challenges of growing their business while having to do all of the actual work which includes everything from operations to bookkeeping to sales and marketing.

After years of hard work they often face issues of being unable to grow past a certain point or they face personal issues like a family member getting sick and they are torn between taking care of their personal affairs and taking care of their business. So how can you build a business that doesn’t require you to work in it every day?

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