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The Business Trendsetter Podcast by Spark Partners

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Trend or Fad? Knowing Which Could Make (Or Break) Your Business

Adam Hartung, Manny Teran
Market Trends, Market Fads, FinTech, Cybersecurity, Cryptocurrency, Electric Vehicles, Workplace Trends

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Do you know how to tell the difference between a trend and a fad?  If you invest in trends you can be ahead of competitors and make lots of money. If you invest in fads the bottom could fall out and you could lose it all. So understanding the difference has enormous implications for the success of your investments.  

This podcast offers insight into current events -- like changes in workplace cultures, cryptocurrency, and fintech -- describing them as trends or fads, then explains how you can determine which is which. Using these benchmarks could make all the difference in your future results.

Thinking Points:

  • Do you know what trends to follow to make sure you invest wisely?
  • Do you overreact to short-term events, allowing fads to waste precious resources?
  • Are you paying attention to daily news and incorporating events into your future scenarios?
  • Are you investing in trends to grow, or letting historical operating practices dictate your investments?