Take the trouble of understanding your industry

Rajesh Jain writes for Tech Samachar about how he feels it is of utmost imporatance for entrepreneurs to understand the industry they are part of. Knowing the current trends in your industry enables you to realize and map the current trends and chalk out the map for the future, for as he says, as an entrepreneur you have to "Define what will be, define tomorrow, envision the future".

Take the trouble to understand the industry that you are part of and develop this thinking as if your life depended on it (because it does).

That's my take home for today.