Most executives many scientists and almost all business school graduates believe that if you analyze data this will give you new ideas. Unfortunately this belief is totally wrong. The mind can only see what it is prepared to see.
I'm a big fan of small business ownership. I think it's the backbone of American innovation. But to be successful you first have to have the courage to go for it.
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A successful economic development strategy must focus on improving the skills of the area's workforce reducing the cost of doing business and making available the resources business needs to compete and thrive in today's global economy.