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Entrepreneur's Corner

Keeping Yourself Professionally Informed

BY Soko Directory Team · October 21, 2024 11:10 am

While the internet has provided society with a great many conveniences, it also carries an absolute chorus of competing voices that offer you disparate information. At times, some of this information can be outright misinformation, but it’s not always even that malicious – and it doesn’t have to be to trip you up.

In business, you want to know exactly what the best course of action will be given your situation. There will be a lot of information out there pertaining to that, but you have to remember that these different pieces of advice are often coming from unique circumstances. This means that you have to find your own way of relating it to your personal context.

Potential Risks

There are areas where keeping yourself informed might be more essential. The internet is full of malicious threats that might look to target businesses such as yours, and while you might have a lot of faith in your security system, you might be underestimating what you’re up against. Keeping yourself consistently informed by reading a regular threat detection report can then help you to understand what kind of measures you should be taking to keep yourself safe. These reports are compiled by leading experts, verifying their credibility and helping to offer suggestions that might give you a lot more confidence.

Competitor Actions

The relationship that you have with your competitors is a difficult one, and many people might have different opinions on how you should handle it. Some might feel as though you would do better to focus entirely on your own brand – focused on what you do well and the dynamic that you can personally cultivate with audiences.

This is an important perspective to bear in mind, as you ultimately want to carve out your own identity rather than becoming defined by your responses to your competitors. That being said, it’s also important that you stay informed of what your competitors are doing, as you don’t want to accidentally fall into an opposing rhythm that is detrimental. If they change the game and you’re completely unaware, you might find yourself falling behind without knowing about it.

Issues to Avoid

Even if it’s not your own business that’s going through some sort of PR scandal, you don’t want to be caught in the current and swept out to sea. When such an issue becomes a talking point of your industry, you might find that you’re put in a difficult position.

It might be that the business that is at the center of this scandal is one that you’ve perhaps collaborated with in the past – or worked with in some other capacity. This might ultimately require you to say something about it. The finer details will always depend on the situation, but it’s worth being aware of how any decision can have consequences – from being too eager to burn bridges and throw someone under the bus to staying quiet and drawing the audience’s ire from being seen as potentially complicit, it’s a situation that you have to handle delicately.

Read Also: Youth Entrepreneurs Are Key To Tackling Climate Change in Africa

Soko Directory is a Financial and Markets digital portal that tracks brands, listed firms on the NSE, SMEs and trend setters in the markets eco-system.Find us on Facebook: facebook.com/SokoDirectory and on Twitter: twitter.com/SokoDirectory

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