Research on the massive increase in global Entrepreneurship
More people than ever want to become Entrepreneurs.
It is based on:
- Interest (record levels)
- Necessity (jobs are disappearing at light speed)
Education today is a truly broken model. When few could read and books were hard to come by, it made sense to group people in rooms and have a teacher tell them about the world. When information is at everyones fingertips, education is no longer about information. Rather, it is about application. How to use information to create new solutions. Or how to understand information based on personal preference.
This is why online education will explode as an industry. World economic Forum and Business Insider belives it will create some of the biggest internet companies by 2030.
The same development can be observed in manufacturing. Today, anyone can produce anything. The new question is what to produce.
Being able to sift through information, learn about current needs to then come up with new ideas is key. Innovation is king. Another word for this is entrepreneurship.
The future is moving towards entrepreneurship and entrepreneurship is moving towards AI powered data analytics, online learning and quick Prototype production based on Creative ideas with crowd funded market implementation. A growing corporate venture capital market will be looking for anything that picks up speed and be ready to buy start ups in big numbers. Innovation is the new natural resource, the new gold in the ground.
When is the best time to start a business? Now.
Neil deGrasse Tyson tells us that innovation is the new natural resource that countries need to focus on.
Entrepreneurship is the market economy format for innovation. Today anyone can produce anything and that leads to the question of what to produce? Innovation will answer.
Here is the first robot that sells coffee. Recently we reported on the first robot making pizza. How long until there is 100 of these? Or 1000? Very soon. And thats good as it will lead to the creation of new types of jobs. These jobs will be invented by someone and that person is an entrepreneur.
“We’re an inflection point where technology will get smarter and smarter, and adapt to people — for years, it was just the opposite,” says Accenture CTO Paul Daugherty.
Harvard University's Center for International Development (CID) forecasts an annual growth rate of 6.98 percent for India, more than any other nation on Earth. And more than China, much smaller because it has to content itself with a mere 4.28 percent (placing it as number 27 on the list). They used the numbers to create a map where the size of each country is based on their predicted economic growth.
Joakim Fohlman is a multi entrepreneur since 1999, the founder and CEO of Cubimo and the main author of this page. See more at Wikipedia: