Keep abreast of innovative ideas and new trends

“If you want to succeed you should strike out on new paths, rather than travel the worn paths of accepted success.”

—John D. Rockefeller, industrialist, co-founder of Standard Oil Co., and philanthropist.

I was looking through the brochure of a prestigious European business school when I spied the phrase ‘’The more you know, the more you dare.’’

You need to develop an insatiable thirst for knowledge and a curiosity about the latest developments in science, technology, economics, and business. Breakthrough ideas are often to be found on the pages of business books, magazines, and in business schools.

Subscribe to books, magazines, and websites that will keep you abreast of developments in technology, economics, and business practice

Commit to attending one executive education course or conference every year. Join a professional association. Attend breakfast meetings, webinars, or learning events organized by your alma mater.

As an entrepreneur, you should always be on the hunt for the next pearl of wisdom that could transform your business model and your fortunes.