
266: Mark Bennell - Mind Your Business: Be Like An Employee
Chat With Traders
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SWOT Analysis: Strengths, Weaknesses, Opportunities, and Threats
In this chapter, the speakers discuss the concept of SWOT analysis and how it can benefit businesses in their trading business plan. They explain that SWOT stands for strengths, weaknesses, opportunities, and threats, and it forces businesses to be realistic about their situation and identify potential opportunities. They emphasize that when conducting a SWOT analysis, it's important to assess not only the finance and resource aspects of the business but also the individual's personal strengths and character traits.
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