Subversive technologies and business models create new opportunities for entrepreneurs.
You know that today we can buy almost everything online. This simplicity of access is more convenient for customers, and also creates new business opportunities.
Traditional business models are already collapsing, and this trend will only intensify. Since services such as Amazon currently offer a wide range of products at low prices,
Traditional retailers should change in order to keep pace with them.
For example, bookstores are extremely difficult to compete with companies like Amazon.
The good news is that today it is easy for companies to get financing. The cost of creating a startup today is much lower than it was before.
This is due to several factors.
First, thanks to low inflation, it became easier to borrow money. New companies also have the opportunity to launch a virtual enterprise, connected only with the Internet. Such a company can save a lot of money by outsourcing accounting or IT departments,
And avoid high rent for large office space.
New online platforms also connect enterprises to independent contractors, so you can hire them on an individual basis, rather than look for full-time employees.
In addition, if you want to raise money for your company,
You do not need to take a loan from a bank. There are innovative ways of collecting money, for example, it can be a shadow banking system.
The shadow banking system means getting money from "non-banking" institutions, such as hedge funds or insurance companies.
You can also use crowdfunding through such online organizations,
As Kickstarter. So, if you want to sell books online and compete with Amazon, there are many ways to do it!
I believe that you will want something very much and make an effort for it - you will definitely succeed!
Successes, businessmen!