If you keep a smartphone or tablet long enough, it loses resale value to the point that it may eventually end up sitting in a drawer somewhere, gathering dust (try selling an iPhone 3 on Craigslist these days…). Technology advances so quickly that within a couple years, many of these devices are pretty much useless for their original purpose.

After wrapping up work for a national professional women’s organization where I spoke to hundreds of women in all industries, in all levels of their profession, in all areas around the country on a daily basis; attended numerous amazing conferences and special events with panels of female tech founders, entertainment professionals and executives at all levels of their business over the past six months; and read about women who have achieved major success in their fields, I have discovered the following observations to be true about women in business:

The growth of the Internet of Things has been a rapid one, to say the least Fast Company describes the wild west of this new frontier as something akin to the wide-eyed optimism and endless possibilities offered by the first push in the Internet’s popularity during the 1990s. The playing field is wide open and one area seeing a lot of attention is the integration of the IoT into transportation.

Wearing a specially designed Oculus VR helmet, driver Matt Powers races a real car in a menacing virtual world, while all the time driving blind to the real world.

Do you remember movies about the future where everything is controlled by machines? Look back at the Skynet computer from The Terminator, V.I.K.I from I, Robot or Alice from Resident Evil.

The hype surrounding cloud computing is not easily dismissed, especially considering how many businesses are adopting it for their operations. The benefits of the cloud are by now well-documented, helping companies become more productive, reach news levels of capabilities, and save on costs in the long run. All of these advantages are impressive enough on their own, and cloud adoption levels reflect how much faith businesses are putting in the technology.

TZ Tech Crawl is back this month and heading to Hollywood! Come take a tour of some of the hottest LA Tech companies and Co-Working spaces filled with Startups & Entrepreneurs located in Hollywood!

Boasting over 100 million players, Minecraft is an online virtual reality game where players create online worlds by placing and breaking blocks, surviving monsters and sustaining life. The game takes up where Second Life left off — but is so simple kids can build worlds in it. Beloved by children and parents alike, the game has been lauded and awarded by education groups for teaching STEM and code skills while encouraging social collaboration.

Media companies are placing big bets on virtual reality (VR) programming. NextVR, the Laguna Beach-based VR technology company, has been testing unprecedented immersive experiences in live 3D sporting and entertainment events. The company just announced media titan Peter Guber will lead its new advisory board, further establishing VR’s importance in the future of entertainment.

Your business could be so much more successful than it is now. You may be a great owner, but you probably haven’t tried all the simple ways to make your business better. Simple doesn’t mean easy. These tips require a lot of hard work and effort on your part. But if you follow these eight tips, you will certainly make your business leaner and meaner.