5 Things Entrepreneurs Should Do In 2017

Now that 2017 is here, I am pretty sure that you are all set to have a great start.

Must be trying hard to implements those last minutes resolutions you made?

Well, you might be a pure planner who had been planning on those resolution since last 3-4 month.

And if that is so than you are almost there. Going on the perfect track I must say.

Anyhow, whether you have planned or not. To make your life a little light on your shoulders, today I am going to talk about how you should be gearing up for the year 2017. Yes, these are some top of the list things you should be doing in 2017.

Now… these things would allow you to be on time, to reduce all the mess which your lag create for you and to be ahead than others.

Being an entrepreneur is certainly not an easy job, you have to have your eyes and mind open and active at all times. If you miss one single happening in the town, you will be way behind the whole market going crazy out there.

Things like current technology, business trends, employee policies, new opportunities and new markets do matter and you have to know about all of them

So, in order to gear up in all these sections…

Here you go with the Six Things Entrepreneurs Should Do In 2017:

1. Revise the Business Policies:

First of all, before entering the new year and resuming your work, you should revisit your business policies, contracts and functions. You must be thinking why?

I know you have already wrapped up in the previous year and you are done with all your year ending stuff but… this revisiting means that you need to freshen up all your systems.

As the new year has come, people have launched many new ideas and policies. You need to see them all so you do not lag behind or penalized for anything later.

This can include policies related to your office staff and office settings. There is constant development in gadgets in systems and you have to keep yourself updated with all.

Check out this great post on Composing Great Business Policies.

2. Look at the Latest Salary Trends:

With every new year beginning,  salary trends also change and reform. Salary related to every field gets a fluctuation, it’s either rising or dropping down.

As per the salary budget projections for the year 2017, organizations based in U.S. have planned to raise the pays by 3% on average. You see, these are the latest updates which we need to be constantly aware of.

Also, check this out very informative salary graph exhibiting the salary trend from 2006-2017:

This graph shared above shows the salaries in Africa and Middle East are predicted to rise. So all the entrepreneurs out there should have a deeper look into it.

Basically, in order to keep updating yourself, you should also freshen up your salary charts. There can be a difference of few percentages but this gives a boost to employees also.  

Read more about how to revise your venture’s salaries in 2017 here: 2017 IT Salary Guide.

3. Get Familiar with the Latest Technology:

The other thing you have got to do is to get yourself introduced to all the technological advancements that have been planned for this year in your industry.

Now… I am actually talking to entrepreneurs from all the industries out there. You can be dealing with any kind product, be it technology, fashion, lifestyle or health or any other field. But the thing is that each field is prone to the latest ever growing technology. And trust me if you lose the track of it, you simply lose your sales chunk in your market.

Check what this great read says on Why Teachers Should Know About the Growing Technology.

The people who should be updated with these technological advancements are the IT experts, in fact they have this habit of being up-to-date.

As Luke Tillman, a technical evangelist for Apache Cassandra, says, “You almost feel bad for front-end developers, A front-end framework gets hot for a year or two and then you’ve got to change.”

4. Look out For New Business Ideas:

Now, one of the most important part of this whole knowledge gaining is getting to know about various business idea.

I hope all of you are doing great as an entrepreneur. But to be honest, I know some of you might not be doing so well in your market. This new year is the chance for you to kick off with something new, with something exciting and something trendy.

An added advantage is that looking for business ideas has become so easy in today’s world. There are so many consultants, websites and conferences that happen all around the year.

At all of these platforms you get to hear ideas about which you have never thought about before. And do not be afraid on how you can make them practical, because you really can.  

And for this, you just need to have the guts to think out of the box, to be innovative.

Read more at this Amazing Guide To Find Your Winning Tech Idea.

5. Explore New Markets:

Looking for the new markets is another thing all entrepreneurs should definitely do this year. With this advance digital, as I mentioned before, people are coming with unique, sometime strange pain points. And you need to do something to solve those. So it is the best to be the saviors. Solve them, my friend!!

There are hundreds of new markets which you need to identify and start working on. Just head out of your shell and grab the most beneficial.

Here you go with Five Tips To Identify A Market For Your Startup.

So as an ending note…

I have given five most important things that all the existing and upcoming entrepreneurs should instantly adopt with the emergence of this new year.

I am assuming that these tactics would come in handy to all of you!!

P.S. I would also like to know some more things which you think are important and I might have missed. Awaiting your interesting suggestions in the comments below.

BONUS:  25 Things to Begin Now so Your Business Thrives in 2017.

Share this article

Leave a comment