5 Reasons to Travel to Grow Your Business
Have you ever wondered why businessmen/women and people on the high rung of the corporate ladder love to travel? They do get around a lot, even outside of business trips and seminar, you get to see these types of business-oriented people travel all over the globe.
Here are five reasons why:
1. Travel Brings Inspiration
There is an old adage that says business is equal parts inspiration and perspiration, which meant that hard work is not the sole determinant for a business’ success – you also need to have inspiration. Traveling to different places, meeting new people, and learning about new cultures brings this much needed inspiration. In practical terms, travel also lets you get firsthand experience with potential target markets.
- You Can Expand Your Network
While the Internet allows people to communicate regardless of where they are, nothing beats face-to-face interaction when building trust and relationships. This is particularly true when it comes to business, where potential clients and partners don’t want to be treated as mere numbers or faces on the computer screen. So if you want to expand your network and build connections on a global scale, you have to be willing to travel. And you have to enjoy it. Business is business, but clients and partners generally prefer doing business with someone who enjoys it.
- Learn Different Corporate and Business Customs
Different countries and cultures have different business etiquettes, and if you really want to make a mark globally, you have to be prepared to meet potential customers and clients on their own terms. It will help you a lot if you know how to interact with, who to speak to, and how to do proper transactions with people who are different from you. And the best way of learning this is firsthand, on the field, by travel.
- Gather Materials and Resources
It doesn’t matter what industry or field you are in, when it comes to gathering materials and resources, nothing beats travel as it lets you see firsthand how these different aesthetics can affect your business. In many cases, personally looking at new materials can even give you the opportunity to get them at much lower costs compared to ordering them online or sourcing through a third party supplier. In addition, you are able to learn new useful applications such as MAPS.ME on your trip.
- Discover Emerging Markets and New Trends
If you stay within your comfort zone, you may end up stunting your business’ growth because you’ll have no room for expansion and must constantly fight for market share with existing and new competitors. You have to really go out there and find untapped new markets, ones that have not been discovered by competitors who don’t want to travel. If you get to them first, you are winner by default and cutting a huge chunk of market share becomes elementary.
So there are five reasons why you must travel if you really want to grow your business, of course there are many more and you also have to consider such as the fact that it’s just plain fun to travel the world. So pack your bags, install MAPS.ME on your phone, and go out into the world.