The trends in entrepreneurship will continue to shape the way we do business, so it’s critical that you are aware of them.
So, one quarter of the year is behind us, and it’s certainly been a challenge to keep up. However, there are many entrepreneurial minds out there, right now, continuing to achieve great things, and looking for new ways to keep growing – even through such uncertain times.
Here are five entrepreneurship trends already delivering results right now.
Solidarity supreme
With the outbreak of COVID-19 affecting people and businesses all over the world, including being confined to homes, and reducing business hours, solidarity has become a strategy for everyone affected.
With so much trust placed in brands and those we depend on for products and services, it has been refreshing to see how so many commercial enterprises are doing everything they can to share the same messages as governments, and public services.
Supporting the SDGs
Similarly, although COVID-19 has distracted some attention away from the 17 positive goals, created by the United Nations, companies are still doing what they can to help deliver them.
Supporting the Sustainable Development Goals is an effective way to position any company in the eyes of customers, and networks, and showcase a positive, progressive corporate culture. Agreed, some people might not care all that much, but there remain vast swathes of the world who do.
Thinking globally
In a strange way, this isn’t hard to do right now, as we see the effects of the pandemic all around the world. But thinking globally as an entrepreneur is about recognizing cultural, educational, gender, age, and every other kind of diversity – and embracing it.
Whether it’s where you choose to place your products or services, or how you reach out to as many communities as possible, by thinking big –as big as the world, in fact – this is another way to instill a forward-thinking philosophy from day one.
Embracing the best technology
For the last 10 years, the number of younger entrepreneurs has continued to rise – setting off a number of additional trends as a result. This includes a greater adoption of disruptive technologies, such as apps, the continued rise of social commerce, and recognizing when investment in technology could cut down on outsourcing work.
So, whether it’s continued upskilling, or choosing to do more work in-house, the younger generation is embracing it. Contemporary printers such as those by Duplo International, a strong interest in AI, and using technology to develop subscription-based businesses are all on the move.
Continued innovation
This final one isn’t so much a trend – it’s a philosophy. It’s the way you embrace all the other trends that are floating around, and make them your own. Having an innovative mindset behind everything you do is ultimately the best insurance you can buy to continuously adopt to new ways of working, living, and dealing with the latest surprise the world of business decides to conjure up.
Plus, with a diverse workforce and network, an appreciation of what else is going on in the world, and one eye on the best technology available – you’re in the prime position to succeed. Yes, even in the bizarre year we’ve had so far, and beyond.
