• SHOP
  • SITES
  • NEWSLETTER
  • CEO HACKS
  • GLOBAL SEARCH
  • WEB SUPPORT
  • CONTACT
Hearpreneur
  • Inspiration
    Monday Motivation: WHEN LIFE BREAKS YOU

    Monday Motivation: Discipline Yourself – BEST Motivational Video (ft. Eric Thomas)

    Monday Motivation: WHEN LIFE BREAKS YOU

    Monday Motivation: When All Is Lost, You Have Everything To Win

    17 Entrepreneurs and Business Owners Reveal Their Favorite Business Leader

    17 Entrepreneurs and Business Owners Reveal Their Favorite Business Leader

    Monday Motivation: WHEN LIFE BREAKS YOU

    Monday Motivation: BEAST MODE – Motivational Speech

    Monday Motivation: WHEN LIFE BREAKS YOU

    Monday Motivation: Nothing Changes If Nothing Changes

    Monday Motivation: WHEN LIFE BREAKS YOU

    Monday Motivation: Your Belief-System is Everything

    Monday Motivation: WHEN LIFE BREAKS YOU

    Monday Motivation: The Beast Attitude

    16 Entrepreneurs Share Advice That’s The Complete Opposite of What They Learned Before Starting Their Venture

    16 Entrepreneurs Share Advice That’s The Complete Opposite of What They Learned Before Starting Their Venture

    Monday Motivation: WHEN LIFE BREAKS YOU

    Monday Motivation: NO MORE EXCUSES, YOU EITHER WANT IT OR YOU DON’T

  • Storytelling
    30 Entrepreneurs Explain What They Love About Being an Entrepreneur

    29 Entrepreneurs Explain What They Love About Being an Entrepreneur

    17 Entrepreneurs Describe Their Morning Routine

    17 Entrepreneurs Describe Their Morning Routine

    9 Entrepreneurs Share How They Use TikTok for Their Business

    9 Entrepreneurs Share How They Use TikTok for Their Business

    28 Entrepreneurs Reveal How They Came Up With Their Business Name

    28 Entrepreneurs Reveal How They Came Up With Their Business Name

    29 Entrepreneurs Reveal How They Came Up With Their Business Name

    29 Entrepreneurs Reveal How They Came Up With Their Business Name

    30 Entrepreneurs Explain What They Love About Being an Entrepreneur

    30 Entrepreneurs Explain What They Love About Being an Entrepreneur

    21 Entrepreneurs Share How They’re Incorporating Corporate Service Responsibility (CSR) In Their Businesses

    21 Entrepreneurs Share How They’re Incorporating Corporate Service Responsibility (CSR) In Their Businesses

    26 Entrepreneurs Explain What They Love About Being an Entrepreneur

    26 Entrepreneurs Explain What They Love About Being an Entrepreneur

    30 Entrepreneurs Reveal the Pivots They are Making in Their Business in 2023

    30 Entrepreneurs Reveal the Pivots They are Making in Their Business in 2023

  • Entrepreneur
    21 Entrepreneurs Share Views on Whether Leaders are Born or Made

    21 Entrepreneurs Share Views on Whether Leaders are Born or Made

    18 Entrepreneurs Reveal How They Came Up With Their Business Name

    18 Entrepreneurs Reveal How They Came Up With Their Business Name

    16 Entrepreneurs Share Advice That’s The Complete Opposite of What They Learned Before Starting Their Venture

    16 Entrepreneurs Share Advice That’s The Complete Opposite of What They Learned Before Starting Their Venture

    15 Entrepreneurs Share How They Continue to Learn and Sharpen The Saw

    15 Entrepreneurs Share How They Continue to Learn and Sharpen The Saw

    10 Entrepreneurs Reveal The Economic Outlook of Their Industry

    10 Entrepreneurs Reveal The Economic Outlook of Their Industry

    18 Entrepreneurs Reveal How They Deal With Economic Uncertainty

    18 Entrepreneurs Reveal How They Deal With Economic Uncertainty

    30 Entrepreneurs Explain the 2023 Trends They See in Their Industry

    30 Entrepreneurs Explain the 2023 Trends They See in Their Industry

    30 Entrepreneurs Discuss Whether or Not Business Success is Overrated

    30 Entrepreneurs Discuss Whether or Not Business Success is Overrated

    28 Entrepreneurs Reveal The Entrepreneurs They Consider to be Successful

    28 Entrepreneurs Reveal The Entrepreneurs They Consider to be Successful

  • Ideas
    18 Entrepreneurs Reveal How They Came Up With Their Business Name

    18 Entrepreneurs Reveal How They Came Up With Their Business Name

    15 Entrepreneurs Share their “Secret Sauce” aka USP that Sets their Companies Apart

    15 Entrepreneurs Share their “Secret Sauce” aka USP that Sets their Companies Apart

    9 Entrepreneurs Share Innovative Ways They Are Marketing Their Business

    9 Entrepreneurs Share Innovative Ways They Are Marketing Their Business

    9 Entrepreneurs Share How They Use TikTok for Their Business

    9 Entrepreneurs Share How They Use TikTok for Their Business

    18 Entrepreneurs Reveal How They Deal With Economic Uncertainty

    18 Entrepreneurs Reveal How They Deal With Economic Uncertainty

    30 Entrepreneurs Answer What has Been Their Favorite Technology Innovation

    30 Entrepreneurs Answer What has Been Their Favorite Technology Innovation

    30 Entrepreneurs Share Their Takeaways From 2022

    30 Entrepreneurs Share Their Takeaways From 2022

    30 Entrepreneurs Reveal the Companies They are Starting in 2023

    30 Entrepreneurs Reveal the Companies They are Starting in 2023

    30 Entrepreneurs Share Their One Prediction for Business in 2023

    30 Entrepreneurs Share Their One Prediction for Business in 2023

  • Posts
  • MORE
    • START
    • FAQ
    • NEWSLETTER
    • HACKS
    • ABOUT
    • SITES
    • GUEST POSTS
    • WEBSITE SUPPORT SERVICES
  • Community
    • FREE CBNation Buzz Newsletter
    • Premium CEO Hack Buzz Newsletter
No Result
View All Result
Hearpreneur
  • Inspiration
    Monday Motivation: WHEN LIFE BREAKS YOU

    Monday Motivation: Discipline Yourself – BEST Motivational Video (ft. Eric Thomas)

    Monday Motivation: WHEN LIFE BREAKS YOU

    Monday Motivation: When All Is Lost, You Have Everything To Win

    17 Entrepreneurs and Business Owners Reveal Their Favorite Business Leader

    17 Entrepreneurs and Business Owners Reveal Their Favorite Business Leader

    Monday Motivation: WHEN LIFE BREAKS YOU

    Monday Motivation: BEAST MODE – Motivational Speech

    Monday Motivation: WHEN LIFE BREAKS YOU

    Monday Motivation: Nothing Changes If Nothing Changes

    Monday Motivation: WHEN LIFE BREAKS YOU

    Monday Motivation: Your Belief-System is Everything

    Monday Motivation: WHEN LIFE BREAKS YOU

    Monday Motivation: The Beast Attitude

    16 Entrepreneurs Share Advice That’s The Complete Opposite of What They Learned Before Starting Their Venture

    16 Entrepreneurs Share Advice That’s The Complete Opposite of What They Learned Before Starting Their Venture

    Monday Motivation: WHEN LIFE BREAKS YOU

    Monday Motivation: NO MORE EXCUSES, YOU EITHER WANT IT OR YOU DON’T

  • Storytelling
    30 Entrepreneurs Explain What They Love About Being an Entrepreneur

    29 Entrepreneurs Explain What They Love About Being an Entrepreneur

    17 Entrepreneurs Describe Their Morning Routine

    17 Entrepreneurs Describe Their Morning Routine

    9 Entrepreneurs Share How They Use TikTok for Their Business

    9 Entrepreneurs Share How They Use TikTok for Their Business

    28 Entrepreneurs Reveal How They Came Up With Their Business Name

    28 Entrepreneurs Reveal How They Came Up With Their Business Name

    29 Entrepreneurs Reveal How They Came Up With Their Business Name

    29 Entrepreneurs Reveal How They Came Up With Their Business Name

    30 Entrepreneurs Explain What They Love About Being an Entrepreneur

    30 Entrepreneurs Explain What They Love About Being an Entrepreneur

    21 Entrepreneurs Share How They’re Incorporating Corporate Service Responsibility (CSR) In Their Businesses

    21 Entrepreneurs Share How They’re Incorporating Corporate Service Responsibility (CSR) In Their Businesses

    26 Entrepreneurs Explain What They Love About Being an Entrepreneur

    26 Entrepreneurs Explain What They Love About Being an Entrepreneur

    30 Entrepreneurs Reveal the Pivots They are Making in Their Business in 2023

    30 Entrepreneurs Reveal the Pivots They are Making in Their Business in 2023

  • Entrepreneur
    21 Entrepreneurs Share Views on Whether Leaders are Born or Made

    21 Entrepreneurs Share Views on Whether Leaders are Born or Made

    18 Entrepreneurs Reveal How They Came Up With Their Business Name

    18 Entrepreneurs Reveal How They Came Up With Their Business Name

    16 Entrepreneurs Share Advice That’s The Complete Opposite of What They Learned Before Starting Their Venture

    16 Entrepreneurs Share Advice That’s The Complete Opposite of What They Learned Before Starting Their Venture

    15 Entrepreneurs Share How They Continue to Learn and Sharpen The Saw

    15 Entrepreneurs Share How They Continue to Learn and Sharpen The Saw

    10 Entrepreneurs Reveal The Economic Outlook of Their Industry

    10 Entrepreneurs Reveal The Economic Outlook of Their Industry

    18 Entrepreneurs Reveal How They Deal With Economic Uncertainty

    18 Entrepreneurs Reveal How They Deal With Economic Uncertainty

    30 Entrepreneurs Explain the 2023 Trends They See in Their Industry

    30 Entrepreneurs Explain the 2023 Trends They See in Their Industry

    30 Entrepreneurs Discuss Whether or Not Business Success is Overrated

    30 Entrepreneurs Discuss Whether or Not Business Success is Overrated

    28 Entrepreneurs Reveal The Entrepreneurs They Consider to be Successful

    28 Entrepreneurs Reveal The Entrepreneurs They Consider to be Successful

  • Ideas
    18 Entrepreneurs Reveal How They Came Up With Their Business Name

    18 Entrepreneurs Reveal How They Came Up With Their Business Name

    15 Entrepreneurs Share their “Secret Sauce” aka USP that Sets their Companies Apart

    15 Entrepreneurs Share their “Secret Sauce” aka USP that Sets their Companies Apart

    9 Entrepreneurs Share Innovative Ways They Are Marketing Their Business

    9 Entrepreneurs Share Innovative Ways They Are Marketing Their Business

    9 Entrepreneurs Share How They Use TikTok for Their Business

    9 Entrepreneurs Share How They Use TikTok for Their Business

    18 Entrepreneurs Reveal How They Deal With Economic Uncertainty

    18 Entrepreneurs Reveal How They Deal With Economic Uncertainty

    30 Entrepreneurs Answer What has Been Their Favorite Technology Innovation

    30 Entrepreneurs Answer What has Been Their Favorite Technology Innovation

    30 Entrepreneurs Share Their Takeaways From 2022

    30 Entrepreneurs Share Their Takeaways From 2022

    30 Entrepreneurs Reveal the Companies They are Starting in 2023

    30 Entrepreneurs Reveal the Companies They are Starting in 2023

    30 Entrepreneurs Share Their One Prediction for Business in 2023

    30 Entrepreneurs Share Their One Prediction for Business in 2023

  • Posts
  • MORE
    • START
    • FAQ
    • NEWSLETTER
    • HACKS
    • ABOUT
    • SITES
    • GUEST POSTS
    • WEBSITE SUPPORT SERVICES
  • Community
    • FREE CBNation Buzz Newsletter
    • Premium CEO Hack Buzz Newsletter
No Result
View All Result
Hearpreneur
No Result
View All Result

10 Entrepreneurs Reveal The Economic Outlook of Their Industry

in Entrepreneur, Q & A
Reading Time: 4 mins read
10 Entrepreneurs Reveal The Economic Outlook of Their Industry

The economic outlook of the industry is showing signs of cautious optimism. Despite the challenges brought on by recent global events, there are indications of gradual recovery and resilience across various sectors. The pandemic-induced disruptions have spurred innovation and accelerated digital transformation, leading to the emergence of new business models and opportunities.

In this article, entrepreneurs from various industries share their economic outlook, offering valuable insights into the current business landscape.

RelatedPosts

21 Entrepreneurs Share Views on Whether Leaders are Born or Made

18 Entrepreneurs Reveal How They Came Up With Their Business Name

16 Entrepreneurs Share Advice That's The Complete Opposite of What They Learned Before Starting Their Venture

#1- Corporate gifting

Photo Credit: Shaunak Amin

According to new data, the corporate gifting market continues to grow at an accelerated 8.1% CAGR, reaching more than $300 billion by 2024. Corporate gifting has long been a way to strengthen client relationships and recognize employees. And while retaining an existing customer costs 5x less than acquiring a new one, retaining valued employees is more cost-effective than recruiting new talent. So a recession will have more companies focused on retention to optimize their budgets. And this is where corporate gifting is pivotal.

Thanks to Shaunak Amin, Swag Magic!


#2- Need for professional guidelines

Photo Credit: Shannon Stone

In fast-changing times, the clientele of my industry look to professionals for guidance and answers to help support them and this will never change. What is important to note however is the industry must stay at the forefront of changes to support their clients as it impacts their own growth, client acquisition, and client results.

Thanks to Shannon Stone

See also  30 Entrepreneurs Explain the 2023 Trends They See in Their Industry

.


#3- Embracing AI

Photo Credit: Bernardo Castro

I think the cloud-based software industry is facing an exciting future as artificial intelligence continues to develop and evolve. I think most of the players in this space generally agree that AI will have a significant impact on SaaS companies in terms of increased efficiency and productivity however, there are still some concerns about how these changes may affect human workers and other ethical considerations. I think we'll also see a lot of new products and services emerge which would open up even more new opportunities for business expansion or diversification of existing operations.

Thanks to Bernardo Castro, Bybrand!


#4-  The rise of digital marketing

Photo Credit: Lucia

Marketing is a dynamic and essential industry that adapts to changes in consumer preferences and technology. In general, the marketing industry has been experiencing significant growth in recent years due to the increasing importance of digital marketing, social media advertising, and data-driven approaches. With the rise of e-commerce, mobile marketing, and the continued expansion of digital channels, businesses have been investing more in marketing efforts to reach and engage their target audiences.

Thanks to Lucia, Zelesco!


#5- Prioritizing retention

Photo Credit: Tom Adam

The Martial Arts industry has outlived the fads that have plagued the Fitness world. While people will always look to tighten their purse strings when they feel the economy is hurting them (perceived or real hurt), people will always need community. Martial Arts will continue to be soft now, so invest in retention and start planning for the good times now so you're ready.

Thanks to Tom Adam, Curious Growth!

See also  11 Entrepreneurs Discuss Whether or Not There Will Be More Entrepreneurs in the Future

#6- Adopting sustainability

Photo Credit: Steven Athwal

I believe the circular economy is the future of business across the world, as people and nations continue to adopt sustainability as a core principle. Refurbished phones in particular are part of an industry that grows 15% year on year, and as digital devices become more deeply integrated into our lives, the business model is one that is incredibly resilient. The biggest threat at the moment is the continued trend of anti-repair design, but I predict that this can only slow, not stop, the growth in this industry.

Thanks to Steven Athwal, The Big Phone Store!


#7-  Investment in digital marketing

Photo Credit: Joe Karasin

Marketing is the essential lifeblood of nearly every business. Even in hard economic times, marketing is a worthwhile investment, and brands know this. The need for marketing has shifted to be heavily digital, with traditional forms of marketing having less impact, unless paired with a digital component. The economic outlook for digital marketing is good, with heavy investment from brands and startups needing to market their products and services.

Thnaks to Joe Karasin, Karasin PPC!


#8- Embracing craftsmanship and human touch

Photo Credit:
Bryan Clayton

The future looks promising for the landscaping industry. As appreciation for well-maintained outdoor spaces becomes more widespread among homeowners and businesses, opportunities in the sector continue to expand. This work calls for creativity, a profound grasp of natural elements, and physical labor – aspects that aren't easily automated. Even with all the advances in tech, the human touch is still crucial in our line of work. It's the craftsmanship and the skilled experts that truly bring these outdoor areas to life.

See also  Monday Motivation - Transcend [VIDEO]

Thanks to Bryan Clayton, Green Pal!


#9- Navigating the dual realities

Photo Credit: Keely Ryder

The corporate real estate market is trending ever-downward. Occupancy rates, cap rates, and interest rates are all rising, tenants are demanding more TI dollars from landlords to incent employees back to the office, and lending is constricting overall. Although the economic outlook of the CRE industry is admittedly bleak, Dolfin is also prominent in the finance industry, which has an optimistic forecast. As our lending is credit-focused, funds are readily available through insurance companies, banks, and asset managers.

Thanks to Keely Ryder, Dolfin!


#10- Using web scraping

Photo Credit: Roman Milyushkevich

Most businesses use web scrapers for obtaining price comparison data, website content scraping, new product/service introductions, contact data for lead generation, weather data monitoring, job listing data, health records gathering, and more. Using a web scraping service is the most economical way of getting leads than buying them from third-party players. Some of the biggest consumers for web scraping tools are eCommerce firms, recruitment firms, the real estate industry, Insurance companies, Health care, and travel industry players.

Thanks to Roman Milyushkevich, Scrape it Cloud!


What's the economic outlook of your industry? Tell us in the comments below. Don’t forget to join our #IamCEO Community.

Tags: Business economic damagesbusiness ownersbusiness womenentrepreneursmall businesswomen entrepreneurs
Previous Post

Monday Motivation: GIVE IT EVERYTHING

Next Post

Monday Motivation: WIN THE MORNING, WIN THE DAY!

Related Posts

21 Entrepreneurs Share Views on Whether Leaders are Born or Made
Entrepreneur

21 Entrepreneurs Share Views on Whether Leaders are Born or Made

Great leaders are indispensable for business growth and goal achievement within any organization. The discussion often lies in distinguishing between...

18 Entrepreneurs Reveal How They Came Up With Their Business Name
Entrepreneur

18 Entrepreneurs Reveal How They Came Up With Their Business Name

The idea of exactly what your business is going to do usually comes first. Second, most often, is giving a...

16 Entrepreneurs Share Advice That’s The Complete Opposite of What They Learned Before Starting Their Venture
Advice

16 Entrepreneurs Share Advice That’s The Complete Opposite of What They Learned Before Starting Their Venture

When embarking on any new venture, we often seek advice from those who have walked the path before us, looking...

15 Entrepreneurs Share How They Continue to Learn and Sharpen The Saw
Advice

15 Entrepreneurs Share How They Continue to Learn and Sharpen The Saw

In our rapidly changing world of ideas and technologies, the quest for knowledge becomes an endless journey. As information continues...

Next Post
Monday Motivation: WHEN LIFE BREAKS YOU

Monday Motivation: WIN THE MORNING, WIN THE DAY!

Monday Motivation: WHEN LIFE BREAKS YOU

Monday Motivation: Listen to This Every day and Change Your Life

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Join CBNation Buzz

Name(Required)
Email(Required)

Welcome to CBNation Welcome to CBNation powered by Blue16 Media (Web Design & SEO). We are a B2B brand that is exists to help over 1M business owners succeed. Our philosophy and foundation is based on resources, visibility & connections (Visibility + Resources x Connections = Success). We are focused on being the #1 business resource for CEOs, entrepreneurs and business owners.

We hope you enjoy this site, and please let us know if we can be of any help!

Please note in the sake of transparency our sites do contain affiliate links that pay us a small commission at no extra cost to you. Read our Affiliate Disclaimer.
CBNation Library
CEO Hacks
I AM CEO Volume 3

RSS Our Latest CBNation Content:

  • IAM1872 – Fitness Coach Introduces the Anti-Diet Nutritional Program to His Clients
  • IAM1871 – Fintech Founder Helps Entrepreneurs Access Competitive Financing Fast
  • 21 Entrepreneurs Share Views on Whether Leaders are Born or Made
  • IAM1870 – Coach Helps Leaders in Making Sustainable Changes in their Thinking, Behaviors and Actions
  • IAM1869 – Law Firm Founding Member Offers High Mission of Service to Clients
  • Monday Motivation: Discipline Yourself – BEST Motivational Video (ft. Eric Thomas)

Our Sponsors

Subscribe

Join thousands of subscribers & be the first to get new freebies.

Name(Required)
Email(Required)

What is CBNation?

We're like a Global Business Chamber but with content...
LOTS OF IT

CBNation includes a library of blogs, podcasts, videos and more helping CEOs, entrepreneurs and business owners level up

CBNation is a community of niche sites for CEOs, entrepreneurs and business owners through blogs, podcasts and video content. Started in much the same way as most small businesses, CBNation captures the essence of entrepreneurship by allowing entrepreneurs and business owners to have a voice.

CBNation curates content and provides news, information, events and even startup business tips for entrepreneurs, startups and business owners to succeed.

+ Mission: Increasing the success rate of CEOs, entrepreneurs and business owners.

+ Vision: The media of choice for CEOs, entrepreneurs and business owners.

+ Philosophy: We love CEOs, entrepreneurs and business owners and everything we do is driven by that. We highlight, capture and support entrepreneurship and start-ups through our niche blog sites.

Visit CBNation

RSS Our Latest Content:

  • IAM1872 – Fitness Coach Introduces the Anti-Diet Nutritional Program to His Clients
  • IAM1871 – Fintech Founder Helps Entrepreneurs Access Competitive Financing Fast
  • 21 Entrepreneurs Share Views on Whether Leaders are Born or Made
  • IAM1870 – Coach Helps Leaders in Making Sustainable Changes in their Thinking, Behaviors and Actions
  • IAM1869 – Law Firm Founding Member Offers High Mission of Service to Clients
  • Monday Motivation: Discipline Yourself – BEST Motivational Video (ft. Eric Thomas)
  • IAM1868 – Author Helps Leaders Achieve Success as Individuals and in Teams
  • Leader Works on Strategic Fundraising Communications
  • Attorney Runs Digital Agency Focused on the Legal Sector
  • 20 Entrepreneurs Reveal The Best Way to Learn Leadership

©2023 CBNation | Powered by CEO Blog Nation & Blue16 Media | Terms of Service | Privacy Policy | Affiliate Disclaimer | Website Support Services

No Result
View All Result
  • Inspiration
  • Storytelling
  • Entrepreneur
  • Ideas
  • Posts
  • MORE
    • START
    • FAQ
    • NEWSLETTER
    • HACKS
    • ABOUT
    • SITES
    • GUEST POSTS
    • WEBSITE SUPPORT SERVICES
  • Community
    • FREE CBNation Buzz Newsletter
    • Premium CEO Hack Buzz Newsletter
We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies.
Do not sell my personal information.
SettingsAccept
Privacy & Cookies Policy

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Non-necessary
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.
SAVE & ACCEPT
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
 Share This
 Facebook