The Top Trends in Entrepreneurship Development for 2016
Entrepreneurship has been on the rise globally in recent years. With advancements in technology, the world has become smaller and entrepreneurs have more resources available than ever before. As we move into 2016, it’s important to take a look at the top trends in entrepreneurship development.
The Rise of Social Entrepreneurship
The first trend we’re going to explore is social entrepreneurship. This is where entrepreneurs aim to tackle social and environmental problems through their business ventures. This type of entrepreneurship is on the rise, and it’s easy to see why. Not only does it provide entrepreneurs with an opportunity to make a difference, but it’s also appealing to consumers who are becoming increasingly socially conscious.
One great example of social entrepreneurship is TOMS Shoes. For every pair of shoes that they sell, they donate a pair to someone in need. This business model has proven to be incredibly successful. In just over ten years, TOMS has donated over 60 million pairs of shoes to people in need.
Rapid Growth in E-commerce
The second trend we’re going to explore is the rapid growth of e-commerce. E-commerce has been on the rise for years now, but it’s really taken off in the past few years. With the rise of online marketplaces, entrepreneurs have more opportunities than ever to sell their products and services. In addition, advancements in technology have made it easier than ever to set up an online store.
One great example of a successful e-commerce company is Birchbox. Birchbox is a subscription-based service that delivers beauty products to its customers every month. They’ve managed to carve out a unique niche in the beauty industry and have been incredibly successful as a result.
The Importance of Collaboration
The final trend we’re going to explore is the importance of collaboration. In the past, entrepreneurship was often seen as a solitary endeavor. However, that’s no longer the case. In 2016, it’s becoming increasingly common for entrepreneurs to collaborate with one another. Through collaboration, entrepreneurs can pool their resources and knowledge to create something truly great.
One great example of this is OpenIDEO. OpenIDEO is an online platform that allows people from all over the world to collaborate on social innovation challenges. Through this platform, people can share ideas, give feedback, and work together to create real-world solutions to complex problems.
Conclusion
In conclusion, 2016 is shaping up to be an exciting year for entrepreneurship. With the rise of social entrepreneurship, the rapid growth of e-commerce, and the importance of collaboration, there’s never been a better time to be an entrepreneur. By keeping these trends in mind and staying up to date with the latest developments in the industry, entrepreneurs can position themselves for success in the years to come.
