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98. Strategic Business Planning - How to Do a SWOT Analysis

Empire Building

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The Importance of SWOT Analysis in the Competitive Environment

V.S. Saffo: It's so important to be looking at what are the opportunities like if you were to go into that market, what would you do to start up? What are the opportunities you see? And then of course, he is the threat, right? So let's talk about that. V.S.: When I see a threat or he said, when I can think, okay, this is how a competitor could impact my business, I just start a new division in my, in the business. Yes. But using threats, like how could someone come in and how could they hurt you, hurt you in your business? Yeah.

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