Why should Entrepreneurs be well informed?

I love my life as an entrepreneur, but the truth is that this is a complex route that is not made for everyone. For instance, I know people who have told me that they would never dare to become an entrepreneur, as they prefer a fixed job with a secured future, at least in theory. I understand this vision, however this goes against my vision of life and my way of thinking. I’ve been both entrepreneur and employee and I won’t change my current state as an entrepreneur for anything in the world.

I want to emphasize that being an entrepreneur is not always easy and that we will have to face many obstacles. To keep going we have to rely on the best tools available, including being well informed. In our current world, led by Internet and information, entrepreneurs will have an advantage if we take advantage of these elements.

Today I’m going to introduce 8 reasons why entrepreneurs should be well informed. Here is my list:

8 Reason why Entrepreneurs should be well informed

1. Any market we are in will be competitive and we must learn about it.
2. It’s quite easy to access information, which is usually cheap or even free. There’s no excuse for not accessing these sources!
3. Being well informed and growing our knowledge is a competitive advantage.
4. Markets, creativity and innovation change every day and is a must to maintain our organizations current.
5. Connections and networking made with the correct information will be invaluable.
6. It’s a matter of survival.
7. The gap between large and small economies, as well as big and small companies, can be closed with the correct information.
8. Many of us will learn that being well informed isn’t just important, but also fun.

If you have other elements or if you want to controvert one of my arguments, please do so in the lower part of this post. I’m eager to read your reasons!

Image taken from Flickr.com