“Entrepreneurship is about turning what excites you in life into capital so that you can do more of it and move forward with it.” – Richard Branson
We are in the midst of a job revolution due to industry change and the rapid evolution of technology.
Exponential technologies like AI, robotics, and automation are predicted to replace many jobs and new inventions will make old technology obsolete.
The McKinsey report states that 15-30% of jobs could be displaced by 2030.
However, it does not mean jobs will disappear entirely; they will be replaced by new jobs in new industries.
Regardless of who you are, NOW is the best time to start learning how to play the game of entrepreneurship.
In an uncertain economy, the worst position to be in is depending on a paycheck from a company that could quickly become obsolete.
Businesses and entrepreneurs can develop side businesses and hustles apart from their existing businesses to maximize their security and future goals.
Some of the benefits of developing yourself as a brand and starting side businesses related to different things that you like are:
Independence in terms of finance: You don’t have to depend on investors or anyone else for the finances as the product here is you, yourself.
Self-development/ Motivation: You develop a lot of self-confidence as an entrepreneur if you engage in avenues you are passionate about and this also helps you in your mainstream business.
Some of the options for starting a side hustle are given in this article, you can check it out: https://addicted2success.com/entrepreneur-profile/entrepreneurship-is-the-future-of-employment/
