Know the field!

Since every domain undergoes continuous changes, you need to be updated and learn about all those modifications at the level of:

  • New laws & regulations,
  • Customs,
  • Prices of crucial products (like oil),
  • Risks.

This can be done through:

  • Reading articles on newspapers and magazines,
  • Subscribing to websites,
  • Watching programs about the sector.
https://lapdoginc.com/knowledge-is-power/

More, you need to know the development of the domain, and this includes:

  • International conventions,
  • Future investments,
  • New competitors,
  • The development of the market,
  • The factors which shake the whole domain,
  • The sectors in close relationships with the domain.

Needless to say that you need to know as much as possible about the:

  • Company,
  • Its competitors and customers,
  • Its key people,
  • The market,
  • The services it provides,
  • The products it delivers,
  • The prices.

You need to learn as much as possible, and only knowledge is going to make you a HIPO.