Future of Entrepreneurship
Every day we wake up to new trends and changes in the market. We find new strategies there, learn countless and variant styles on how businesses operate. Some marketers hold hope for the further expansion of their enterprise but some have been hope-depleted that they don’t even see a ray of light ahead of them.
The pandemic situation of COVID-19 has made a distressing impact on the global economy, which catalyzed the rising unemployment and instability in jobs to an immense strain on citizens and the health sector. But there’s always something that evolves into a new creation, something that motivates to break free the entrepreneurs' societal stereotypes- embracing the self and individuality.
And so, being an entrepreneur is the best solution found by Generation-Next as they want to break free from the ordinary waged jobs. They desire to be their own boss rather than being a slave to others. But the burning question is what is the future of entrepreneurship? and does it have wide possibilities to ensure a deeper impact on the society to heighten the submerged economy?
Make way for the Wantrepreneur.
Here are some thoughts on the future of entrepreneurship:
Feeble relation of job-creation and business ideas:
A few years back we were in desperate need of employees for new businesses for the administrative works alone. Times changed in the pandemic, adversities gave rise to new solutions, like internet out-sourcing and automation prove that small businesses can be single-handed. With the advancement in AI, this effect of out-sourcing will be so obvious.
From this trend, we could understand that there is only a feeble connection between job creation and business ideas. In this ever-evolving world, the technological advancement is so high that it wouldn’t require personals anymore compared to the accurate automation, but still, the companies will hire employees for several years, before the complete taking over of ‘Skynet’.
Self-employment and different aspects:
As if it’s not competitive enough, we have a large influx of young professionals who establish their own business rather than work for someone else. This puts fresh and new marketers into the ecosystem. This itself is entrepreneurial, as it has a bright future as its on-demand. If the machines take over the positions, then those who have the jobs will become entrepreneurs, bosses, or sometimes collaborate with other like-minded developers.
We give us jobs and make our own without hiring an employee.
With the location becoming independent it’s ought to be more flexible and make use of co-working spaces. Wake of that high-speed broadband connections gets you anywhere and everywhere showing that rural and disconnected regions must surely do business.
Towards the Entrepreneur Age:
Laptops and internet connections have torn down the barriers to entering marketing. This indeed is an optimistic sign as they can access international and global markets for sales and supplies. Opportunities are always exponential for an entrepreneur if resources are utilized to the maximum and if they are ready to take a leap of faith after necessary studies of facts, in the short challenge yourself to a bright future.
It seems like we are entering the entrepreneur age!
Keep in mind, enterprising is an attitude it’s woven of the fabric that you are, it’s a part of you and it’s simply you. To be entrepreneurial is to survive, expand and thrive.