How a Business Ecosystem Creates Value! | Minute Mentor

Just a quick Minute Mentor. When you start a business, you need to make sure that you get your ecosystem established. Your ecosystem is your customers, your partners, your competitors, and your acquirers. And the reason why this is important is because when you start a business, it's like going to a new city and you've never been to the city before. You don't know what's there or where to go or what to do. You don't even know anything, right? So when you go to a city, you have to understand what the, of the ground is, right? So where the hotels are, where the hospitals are, where the streets are, where the bus stops, the airports, all this sort of stuff. So the idea of getting your ecosystem is understanding where you're landing in your universe and what's around you. And it's really critical to being successful.