Title: 5 Entrepreneurship Trends to Watch Out for this 2020
15 Entrepreneurship Trends to Watch Out for this
2020
2Becoming a successful entrepreneur is a lengthy
and challenging process. Statistics highlight
that only 56 of the startups put up in 2014
survived this year. This shows how difficult it
is to remain profitable in the business landscape.
To help you, here is a list of some of the trends
you can watch out for this year
3Digital Nomadism
With the prevalence of the internet and the
advancement of technology, working in a
commercial space is not a requirement anymore.
Today, anyone can work virtually anywhere.
4Global Business
When it comes to globalism, an entrepreneur can
work with international teams for their business
growth. This is also not a new trend, but it is
relevant to today's market.
5E-Commerce
Many consumers today prefer to get their products
and services online because of the convenience it
brings. With mobile technology, business owners
and entrepreneurs can now use this to their
advantage and encourage many customers to buy
from them through smartphones.
6Going Green
Because of the growing consciousness of social
responsibility, many consumers prefer buying
products from ethical brands. 92 of millennials
prefer to support environmentally friendly
businesses.
7Gig Economy
If you are familiar with Uber and Airbnb, then
they are prime examples of the gig economy, which
is worth about 204 billion. Experts even predict
that in a few years, this number could increase
to about 455 billion.
8These are just some of the trends to keep in mind
this year. If you want to learn more about other
upcoming trends to improve your entrepreneurial
skills, check out all the other expert insights
you might find helpful at Stratisio.com and
remember to download your FREE Stratisio
Magazine, amongst the best business magazines for
entrepreneurs!