8. Which is more important: who you know within your industry or what you know about your industry? (please help!!)

You need to know the industry, you want to start a business in, and the kind of business you want to start, before you can start it. Industry analysis is part of good management. That’s not just for the business planning, but rather for business survival, beginning to end. Most of the people who successfully start their own business have already had relevant business experience before they start, most often as employees. Industry analysis is part of good management. That’s not just for the business planning, but rather for business survival, beginning to end. Most of the people who successfully start their own business have already had relevant business experience before they start, most often as employees.

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