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5 Entrepreneurship Trends to Watch Out for this 2020

Entrepreneurship means adapting to the changing of times. As new technologies are introduced and customer demands evolve, the business industry, in turn, does not remain the same forever. Factors such as societal shifts or changes in the political landscape will influence your small business. That is why high performing entrepreneurs and business owners always keep up with the latest entrepreneurial trends to survive. - https://stratisio.com/

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5 Entrepreneurship Trends to Watch Out for this 2020

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  1. 5 Entrepreneurship Trends to Watch Out for this 2020

  2. Becoming 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:

  3. Digital 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. 

  4. Global 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.

  5. E-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.

  6. Going 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.

  7. Gig 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.

  8. These 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!

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