Monitor market trends and adapt your side hustle to meet changing demands from "summary" of Side Hustle by Chris Guillebeau
One of the keys to a successful side hustle is to pay attention to what's happening in the market and be willing to adapt your business to meet changing demands. This means staying on top of trends, understanding what your customers want, and being flexible enough to adjust your strategy accordingly. To effectively monitor market trends, you need to be aware of what's going on in your industry. This might involve reading industry publications, attending conferences or trade shows, and keeping an eye on what your competitors are doing. By staying informed, you can spot new opportunities and identify potential threats before they become major challenges. Once you have a good sense of the market landscape, it's important to be proactive in adapting your side hustle to meet changing demands. This might involve launching new ...
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