It does not matter whether you are working from your garage or a startup office space downtown; entrepreneurs are a different breed of business professional. For better or worse, starting something from the ground up requires a different mindset when you want to maximize your chances for success. While technological business startups have had the most exposure in terms of success, the qualities these tech industry leaders possess are universally necessary for all industries and markets.
Vendors are a necessary evil in business. You’ll need to discern and start a partnership with the right consultant or vendor(s) if you want to get anywhere, but finding one in the sea of options is overwhelming, to say the least.
What do you even want in a partner? What do they need to offer, and or be able to handle? What business goals of yours do they align with? Are they working with any competition? These are just a handful of questions you might have when vetting a potential partner or vendor to work with. What are some of the most important elements to consider, however? How should you identify a vendor or choose one?
Thinking critically is important if your business is starting to dip its toe into the big data pool and tap into the available technologies to promote your company’s growth and allow it to use IT personnel more effectively. However, as many executives try to make sense of big data and gather all the need-to-know information about it, they often overlook a key factor: Big data storage.