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Everything

  • Date Submitted: 08/27/2012 10:16 PM
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Is it easier to try something new or to stick with what you know

It's easier to stay with what you know. That's why change is difficult. That why many people are stuck in a rut.
It is always easier to stick to what you already know. It's also good to feel adventuresome about trying something new.

I think it's always better to try new things. It keeps the brain healthy, & adds excitment and variety to your life. (Also keeps away boredom).
By Bigg Success Staff
12-20-07 
Home Office

It’s Safest To Stick To What You Know
You probably won’t be surprised to hear that it’s less risky to start a business in a field in which you have experience. Stick to what you know, we’re told.
When we started Bigg Success, we were lucky. We didn’t know anything – so the doors were wide open! Seriously, though, while there are advantages to being an outsider, you’re more likely to navigate through all the storms of your own business if you stay in an industry you know.
Here are some of the advantages that experience brings:
Insight
Experience leads to insight which outsiders don’t have. You know the customers. You know the competition. You know where the deficiencies are in meeting the needs of the customers. You know what customers are willing to spend. You know the costs. And more!
Network
When you’ve spent time in an industry, you develop a network you can call on for help. Potential customers. Suppliers. Possible employees. Financiers. You’ll short-circuit many of your problems with these connections.  
Rules of thumb
Every industry has formulas for success. With experience, you learn what they are. How much you can expect to keep from each dollar of sales? Benchmarks against which you can judge your performance.  Key factors that drive your business. Experience teaches you what you’re trying to achieve – then you can focus on actually doing it.
If an industry is experiencing rapid change, it may be a good candidate for new entrants. The more destructive...

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