This column is sponsored by BizLaunch, a division of Arlington Economic Development.
By Tara Palacios
Entrepreneurship is tough.
Entrepreneurship is demanding.
Entrepreneurship is being present at the right time, and at the right place.
Why? Can’t you simply have a good idea and execute? Does entrepreneurship have to be tough, and demanding, and at the right time and place?
Well, an important reason why (and one not explained too often) is because you must be able to predict the future. Yes, your ability to invoke keen foresight is a key skill for an entrepreneur. However, don’t dust off the crystal ball yet.
As an entrepreneur, one must constantly be ahead of trends — whether it is the latest innovation, keeping up with your competition or knowing “exactly,” how the U.S. economy will respond to outside forces (i.e., think trade war). An entrepreneur must constantly be several steps ahead of the market to plan, to prepare, and to mitigate risk to succeed over time.
How does the overall U.S. economy impact the region? Will the trade war impact Arlington businesses, and if so in what way? Unemployment is at an all-time low — but does that mean many people are working? Or are individuals underemployed?
We hope to be able to help your crystal ball predict the future by bringing in experts who are looking at the current trends that may impact your business.
BizLaunch is pleased to announce with our partners the Arlington Community Federal Credit Union and the Arlington Chamber of Commerce our latest Brunch and Business: The 2018 Economy — Navigating Trade Wars and Discovering Business Opportunities.
Join us October 3 at SPACES The Artisphere as you hear from two experts in the field who will address this topic: GMU’s Director of the Center for Regional Analysis, Dr. Terry Clower, and the U.S. Chamber of Commerce’s Senior Director for International Policy, Kris Denzel will engage in a dynamic discussion of the 2018 economy and beyond.
The event is free and open to the public. We hope you will be able to join us!