Fostering longevity involves a comprehensive approach that includes:
1. Market Research: Regularly conducting market research helps in understanding customer needs and market trends. 2. Business Model: Developing a sustainable and scalable business model is essential. 3. Networking: Building a strong network of partners, suppliers, and mentors can provide support and open up new opportunities. 4. Technology Adoption: Embracing technology can streamline operations and improve efficiency. 5. Employee Development: Investing in the growth and development of employees can lead to higher retention and better performance.