This week's Tip of the Week comes from Rieva Lesonsky, CEO of California-based GrowBiz Media
Rieva says:
Remember the famous Tom Hanks line in the movie A League of Their Own: "There's no crying in baseball"? Apparently, entrepreneurs aren't crying in their beer either. According to a study just released by ThomasNet.com, the online site that connects buyers and sellers globally despite challenges that are out of their control, business owners are both optimistic about their abilities to ride out the rest of the economic storm, and also expect to grow this year. An overwhelming 76 percent of those surveyed in the semi-annual ThomasNet Industry Market Barometer believe the economy will improve by the second quarter of 2010 or sooner. And 35 percent actually expect their businesses to grow this year. Here are the 3 most common paths to increasing growth
- Increasing online marketing
- Expanding into new markets, particularly internationally
- Exploring new channels of distribution
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